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    Portsmouth, VA

    Portsmouth, VA Commercial Real Estate for Sale

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    Assisted Living Facility For Sale
    Updated: Oct 14, 2025
    Assisted Living Facility For Sale

    3736 Turnpike Road, Portsmouth, VA 23701

    $750,000
    8,583 sqft 0.80 AC lot
    Approved Assisted Living Facility (32 beds)
    Large .8 Acre Corner Lot offers potential for expansion
    Located at the Intersection of Turnpike Rd and Utah St.
    Potential for Expansion
    Forced Air Heating
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    This listing looks promising.

    Here's a quick look at some key insights for

    3736 Turnpike Road, Portsmouth, VA 23701

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    • Est. Cap Rate

      9.2%
      Above avg (5.9%)

    • Est. NOI

      $69K
      Annual

    • Price @ 7% Cap

      $982K
      Above asking

    • Last Sold

      Dec 2004
      $380K

    • Property Type

      Homes
      Built 1987
    View Property Analytics
    Turnkey Salon Suites Business
    Updated: Jul 3
    Turnkey Salon Suites Business

    3276 Academy Avenue, Portsmouth, VA 23703

    $105,000
    2,700 sqft
    Business only sale: no real estate included.
    Established in 2023, turnkey 2,700 SF salon suites business in Portsmouth, VA.
    Fully built‑out salon suites with individual spaces for beauty professionals (hairstylists, nail techs, estheticians, and others).
    Suite rental structure where tenants manage their own clients, services, and retail.
    Absentee‑owner model with minimal day‑to‑day management; includes rental income setup.
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    Gas Station and Convenience Store
    Gas Station and Convenience Store

    2910 Victory Boulevard, Portsmouth, VA 23702

    $790,000
    1,600 sqft 0.35 AC lot

    Turnkey gas station and convenience store open daily, positioned for high-visibility traffic near Rivers Casino.

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    Income-Producing Commercial Property Near Casino
    Income-Producing Commercial Property Near Casino

    2498 Airline Boulevard, Portsmouth, VA 23701

    $1,100,000
    1,827 sqft 0.52 AC lot

    High-visibility commercial property near Rivers Casino Portsmouth with recent updates.

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    Leased Retail Strip Center
    Leased Retail Strip Center

    3601, 3603 & 3605 High Street, Portsmouth, VA 23707

    $1,085,000
    5,043 sqft 0.44 AC lot

    Fully leased retail strip center in Portsmouth, Virginia.

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    Turnkey Full-Service Restaurant
    Turnkey Full-Service Restaurant

    2900 Airline Boulevard, Portsmouth, VA 23701

    $246,000
    6,080 sqft 1.21 AC lot

    Fully equipped full-service restaurant with seating for about 130 guests and a private dining room for up to 30.

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    Specialty Corner Commercial Building
    Specialty Corner Commercial Building

    701 Court Street, Portsmouth, VA 23704

    $879,000
    10,654 sqft 0.28 AC lot

    Busy downtown corner property with new roof on main building and recent exterior updates.

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    Freestanding Restaurant with Drive-Through
    Freestanding Restaurant with Drive-Through

    440 Chestnut Street, Portsmouth, VA 23704

    $1,200,000
    2,648 sqft 0.80 AC lot

    Freestanding restaurant building with drive-through on a 0.80-acre lot, offering high visibility near key road access.

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    Brick Restaurant Building and Business
    Brick Restaurant Building and Business

    3332 Victory Boulevard, Portsmouth, VA 23701

    $565,900
    1,222 sqft 0.32 AC lot

    Well-maintained all-brick restaurant building with included kitchen fixtures on a corner lot for sale.

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    Retail Space For Sale
    Retail Space For Sale

    1124 London Boulevard, Portsmouth, VA 23704

    Contact for pricing
    1,100 sqft 3.48 AC lot

    Retail space with equipment included, lease terms negotiable.

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    Downtown Retail Store with Loading
    Downtown Retail Store with Loading

    620 High St, Portsmouth, VA 23704

    $475,000
    5,575 sqft

    Retail storefront includes an open showroom, rear loading via 10' roll-up door, and off-street parking for 32 vehicles.

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    Zoned IN Commercial Industrial Land
    Zoned IN Commercial Industrial Land

    2301 Frederick Boulevard, Portsmouth, VA 23704

    $135,000

    Commercial/industrial land zoned IN with a south-side driveway and existing concrete slabs on Frederick Boulevard.

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    Vacant Lot Near I-264
    Vacant Lot Near I-264

    1403 Pulaski Street, Portsmouth, VA 23704

    Contact for pricing
    0.06 AC lot

    Vacant 0.1-acre lot zoned for urban residence near I-264.

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    Dollar General Absolute NNN Store
    Dollar General Absolute NNN Store

    2210 Portsmouth Blvd, Portsmouth, VA 23704

    Contact for pricing
    7,500 sqft

    Upgraded Dollar General prototype offered with an absolute NNN lease and a separate corporate guaranty.

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    Land For Sale, Portsmouth, VA
    Land For Sale, Portsmouth, VA

    21 Radford Street, Portsmouth, VA 23701

    $60,000
    0.17 AC lot

    Land available in Portsmouth, sold as is.

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    Corner Lot Zoned NMU
    Corner Lot Zoned NMU

    1429 Chestnut Street, Portsmouth, VA 23704

    $42,000
    0.06 AC lot

    Corner commercial lot in NMU zoning that may be eligible for a single-family variance, subject to approval.

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    Vacant Commercial Lot Near Major Retail
    Vacant Commercial Lot Near Major Retail

    4100 Missy Elliott Boulevard, Portsmouth, VA 23701

    $350,000
    0.54 AC lot

    Vacant parcel near I-264 with nearby big-box retail and a bus stop across the street.

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    Commercial Development Land Parcel
    Commercial Development Land Parcel

    1481 Effingham Street, Portsmouth, VA 23704

    $300,000
    2.20 AC lot

    Highly visible 2.2-acre site with direct I-264 on/off access along a high-traffic corridor.

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    Historic Retail Building for Redevelopment
    Historic Retail Building for Redevelopment

    211-215 High Street, Portsmouth, VA 23704

    Contact for pricing
    33,800 sqft

    Vacant historic building with prominent High Street frontage and large floor plates for adaptive reuse and mixed-use concepts.

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    Office Building with Fenced Yard
    Office Building with Fenced Yard

    3400 Airline Boulevard, Portsmouth, VA 23701

    Contact for pricing
    3,648 sqft

    Fenced parking and yard support practical on-site storage and parking for an owner-operator or small business.

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    Portsmouth Industrial/Flex Space Investment
    Portsmouth Industrial/Flex Space Investment

    4025 Seaboard Court |, Portsmouth, VA 23701

    Contact for pricing
    58,800 sqft

    58,800 SF industrial/flex space building in Portsmouth, VA.

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    Light Industrial Flex Property
    Light Industrial Flex Property

    3303 Airline Boulevard, Portsmouth, VA 23701

    Contact for pricing
    3,015 sqft

    A 2002-built flex/industrial property in an M-1 light industrial zoning district.

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    Industrial Flex Warehouse
    Industrial Flex Warehouse

    827 DOUGLAS AVE, Portsmouth, VA 23707

    Contact for pricing
    126,000 sqft

    Large industrial and flex warehouse built for logistics, maritime, defense, and regional distribution users.

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    Office
    Office

    1805 Airline Blvd, Portsmouth, VA 23707

    Contact for pricing
    7,284 sqft

    Office Spaces · 7,284 SF

    View details

    Portsmouth, VA Commercial Real Estate Market Trends and Statistics

    Explore 72 commercial real estate for sale in Portsmouth, VA, showcased through 47 active listings on our real estate platform. These investment opportunities span a total of 638,818 square feet of properties for sale, with an estimated market value of $9,782,900.

    Sale prices for business properties in Portsmouth, VA start at $42,000, averaging $611,431, and reaching up to $1,700,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 97K
    Population Growth (5Y) -6.7%
    Median Household Income $59,342
    College Educated 29.1%

    High-Yield Neighborhoods for Investment

    Identify Portsmouth submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    23702 $452.5K
    23701 $626.9K
    23704 $632.8K
    23707 $1.1M

    Taxes & Financing

    Tax Rate (average for all types) 1.27%
    Property Tax per SF $16.32 per SF
    Tax Rate vs County Average 0.09 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Portsmouth city

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

    The majority of commercial real estate listings in Portsmouth fall within the 100,000+ square foot range.

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    Most Searched ZIP Codes in Portsmouth, VA

    • 23704
    • 23701
    • 23707
    • 23703
    • 23702

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