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Two-Unit Office Condo
For Sale
$250,000

7268 Hanover Green Drive, Mechanicsville, VA 23111

CommercialSale, Mechanicsville, VA

Property SizeContact for details
Days on Market9

Property Features for 7268 Hanover Green Drive

General Information

Property type Commercial Sale
Property subtype Other
Zoning description B-1
Directions From I295 Take Mechanicsville Turnpike Exit (Route 360). Right At Post Office On Hanover Green Drive. Condo Located On The Right.
Subdivision 44 - Hanover
Standard status Active
APN 8704-85-7348

Taxes and HOA fees

Tax Description HAN TOWNE OFF GREEN
Legal Description HAN TOWNE OFF GREEN

Utilities

Sewer type Public Sewer
Heating system Zoned, Electric (Heating)
Cooling system Central Air
Water source Public

Amenities

Landscaping
Conference Room
Meeting Room

Building Details

Year built 1986
Floors in Building 2
Building materials Brick, MetalSiding, VinylSiding
Roof type Composition
Listing Agency: Hometown Realty
Listed By: Wanda Garrett · License #0225113610
Added: Sep 30 Changed: Oct 7 Last Checked: Oct 8 at 2:06AM
MLS# 2626965

Copyright © 2026 Central Virginia Regional Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This office condominium, built in 1986, is configured as two separate rental units. The lower suite has front and rear entrances, a private office, restroom, storage, and a large reception or conference room. Upstairs are two private offices, a restroom, a reception area, and a shared meeting room. Heating is electric and zoned, with central air conditioning. Public water and sewer serve the property.

The unit is within Hanover Green, an office park with veterinary, real estate, salon, counseling, accounting, and insurance businesses. I-295, I-64, and Mechanicsville Turnpike are nearby. B-1 zoning applies. The condominium association handles landscaping, exterior grounds, refuse service, common areas, and the parking lot.

Key Highlights

  • Two separate rental units, each with its own restroom
  • Lower suite includes front and rear entrances, a private office, storage, and reception/conference space
  • Upper suite has two private offices, reception, and a shared meeting room

Property Analytics

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Current Use

Office Units

Suggested Use

Top Pick Dental Office Parking Lot & Garage Cafe & Coffee Shop (Bike/Boat/Book/etc) Store Grocery & Convenience Store Catering Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Office units
Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

658
Businesses Nearby

Demographics for 23111, VA

38,151
Population
15,773
Households
2.4
Avg Household Size
43
Median Age
34%
College-Educated
95%
High-School Grad
77.2 sq mi
ZIP Area
494
Density / Sq Mi
$96,736
Median Household Income
$52,106
Median Earnings
$1,558
Median Rent
$324,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office units - B-1 zoning applies to two distinct suites with separate interior layouts.
Where is this office units located?
The property is located at 7268 Hanover Green Drive Mechanicsville, VA.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Two separate rental units, each with its own restroom; Lower suite includes front and rear entrances, a private office, storage, and reception/conference space; Upper suite has two private offices, reception, and a shared meeting room
More about this property
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