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Multi-Tenant Office Building with Fenced Yard 1806 Hayward Ave 3,400 SF Vacant Office Building Chesapeake, VA 23320 $1,031,080 CAD ($303.26 CAD/SF) 9.33% Cap Rate
Investment Highlights
- Fenced-In Lot
- Newly Renovated
- Owner Occupant
- Centrally Located
Executive Summary
-Offered for sale at a 9.33% Cap Rate
-Multi-tenant office / flex property with seven (7) rentable units with sizes ranging from 350 square feet up to 1,200 square feet
-Fenced in lot is concrete with one overhead garage and potential for expansion per Buyer's needs
-Building size is 3,400 square feet
-Lot size is 16,950 square feet or 0.39 acres
-New roof, new HVAC units, new exterior paint, and six out of the seven units were fully renovated within the last three years
-Multi-tenant office / flex property with seven (7) rentable units with sizes ranging from 350 square feet up to 1,200 square feet
-Fenced in lot is concrete with one overhead garage and potential for expansion per Buyer's needs
-Building size is 3,400 square feet
-Lot size is 16,950 square feet or 0.39 acres
-New roof, new HVAC units, new exterior paint, and six out of the seven units were fully renovated within the last three years
Financial Summary (Pro Forma - 2026) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Pro Forma - 2026) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment or Owner User
Sale Condition
1031 Exchange
Property Type
Office
Property Subtype
Building Size
3,400 SF
Building Class
C
Year Built/Renovated
1974/2023
Price
$1,031,080 CAD
Price Per SF
$303.26 CAD
Cap Rate
9.33%
NOI
$96,200 CAD
Percent Leased
Vacant
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
3,400 SF
Building FAR
0.20
Lot Size
0.39 AC
Zoning
B2
Parking
25 Spaces (7.35 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Fenced Lot
- Reception
- Storage Space
- Air Conditioning
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
Centrally located office / garage space with fenced in paved lot. One overhead garage door and a shed in the rear. One bathroom and interior space will be completely renovated over the next 30 days
| Space | Size | Space Use | Build-Out | Available |
| 1st Fl - G | 800 SF | Flex | Full Build-Out | Jun 2026 |
1st Fl - G
| Size |
| 800 SF |
| Space Use |
| Flex |
| Build-Out |
| Full Build-Out |
| Available |
| Jun 2026 |
1 of 10
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1st Fl - G
| Size | 800 SF |
| Space Use | Flex |
| Build-Out | Full Build-Out |
| Available | Jun 2026 |
Centrally located office / garage space with fenced in paved lot. One overhead garage door and a shed in the rear. One bathroom and interior space will be completely renovated over the next 30 days
1 1
Fairly walkable
50/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 0206001001650 | Improvements Assessment | $262,785 CAD (2025) |
| Land Assessment | $187,308 CAD (2025) | Total Assessment | $450,093 CAD (2025) |
Property Taxes
Parcel Number
0206001001650
Land Assessment
$187,308 CAD (2025)
Improvements Assessment
$262,785 CAD (2025)
Total Assessment
$450,093 CAD (2025)
1 of 27
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
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Multi-Tenant Office Building with Fenced Yard | 1806 Hayward Ave
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