Portsmouth, VA Commercial Real Estate for Sale

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Auto Repair Shop with Fenced Yard
Updated: Oct 21
Auto Repair Shop with Fenced Yard

4108 George Washington Highway, Portsmouth, VA 23702

$399,700
1,595 sqft 0.62 AC lot
1,595‑square‑foot auto shop with office space and an attached repair garage
Two roll‑up garage doors
0.62‑acre chain‑link‑fenced parking area
Paved entrance at the rear of the property
GMU zoning
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Three-Bay Auto Repair Shop
Updated: Aug 17
Three-Bay Auto Repair Shop

1205 Airline Boulevard, Portsmouth, VA 23707

$625,000
2,330 sqft 0.23 AC lot
2,330‑square‑foot automotive repair facility
Three service bays with equipment included
Automobile repair business established for over 40 years
0.23‑acre site in Portsmouth, VA
C‑2 zoning
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Equipped Full-Service Restaurant
Equipped Full-Service Restaurant

2900 Airline Boulevard, Portsmouth, VA 23701

$246,000
6,080 sqft 1.21 AC lot

Established restaurant business with dine-in and takeout operations, commercial kitchen equipment, and a private dining room.

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Warehouse with Fenced Yard
Warehouse with Fenced Yard

615 Chautauqua Ave, Portsmouth, VA 23707

$600,000
8,206 sqft 0.44 AC lot

Light industrial zoning and three-phase power support the property’s warehouse configuration.

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Flexible Two-Level Workspace
Flexible Two-Level Workspace

351 Maryland Avenue, Portsmouth, VA 23704

$136,900
4,928 sqft 0.13 AC lot

Workshop-oriented property with separate upper-level entry, rear office, and off-street parking.

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Church Property Requiring Rehabilitation
Church Property Requiring Rehabilitation

1610 County Street, Portsmouth, VA 23704

$301,000
1,483 sqft 0.35 AC lot

The church building has structural damage and requires extensive rehabilitation; interior access is not available.

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Church Property Requiring Rehabilitation
Church Property Requiring Rehabilitation

1608 County Street, Portsmouth, VA 23704

$301,000
2,012 sqft 0.08 AC lot

NMU zoning allows for a range of uses, subject to City approval.

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32-Bed Assisted Living Facility
32-Bed Assisted Living Facility

3736 Turnpike Rd, Portsmouth, VA 23701

$1,000,000
8,583 sqft 0.80 AC lot

UR-zoned property occupies a corner parcel at Turnpike Road and Utah Street.

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32-Bed Assisted Living Facility
32-Bed Assisted Living Facility

3736 Turnpike Road, Portsmouth, VA 23701

$1,000,000
8,583 sqft 0.80 AC lot

Approved assisted living property with forced-air heating on a corner parcel in Portsmouth.

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Salon Suites Business
Salon Suites Business

3276 Academy Avenue, Portsmouth, VA 23703

$105,000
2,700 sqft

Fully built-out space supports independent beauty professionals under a suite-rental operating model.

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Three-Bay Auto Repair Shop
Three-Bay Auto Repair Shop

1205 Airline Boulevard, Portsmouth, VA 23707

$625,000
2,330 sqft 0.25 AC lot

C-2-zoned automotive facility with included repair equipment and an established operating history.

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Commercial Land with Road Access
Commercial Land with Road Access

4423 George Washington Highway, Portsmouth, VA 23702

$65,000
0.06 AC lot

NMU zoning identifies the parcel for neighborhood mixed use.

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Commercial Land with Existing Driveway
Commercial Land with Existing Driveway

2301 Frederick Boulevard, Portsmouth, VA 23704

$135,000

IN-zoned site retains concrete slabs from earlier improvements.

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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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Urban-Zoned Commercial Land
Urban-Zoned Commercial Land

1403 Pulaski Street, Portsmouth, VA 23704

Contact for pricing
0.06 AC lot

A vacant parcel with UR zoning offers a compact land holding for commercial evaluation.

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Flex Space with Fenced Yard
Flex Space with Fenced Yard

1400 London Boulevard, Portsmouth, VA 23704

$1,700,000
18,076 sqft 1.09 AC lot

Two-story offices accompany a high-clearance shop and warehouse area with loading access, substantial power, and a rear yard.

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Historic Mixed-Use Property
Historic Mixed-Use Property

422 Crawford St, Portsmouth, VA 23704

$675,000
5,326 sqft

Greek Revival architecture combines preserved character with infrastructure for residential, professional, and event-oriented use.

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Flex Space with Workshop Features
Flex Space with Workshop Features

351 Maryland Ave, Portsmouth, VA 23704

$136,900
4,928 sqft

Two-level building with office space, storage areas, separate access, and off-street parking.

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Fully Equipped Restaurant
Fully Equipped Restaurant

2900 Airline Boulevard, Portsmouth, VA 23701

$246,000
6,080 sqft

Established dine-in and takeout operation with a complete commercial kitchen package and furnishings included.

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Church Property for Rehabilitation
Church Property for Rehabilitation

1610 County St, Portsmouth, VA 23704

$301,000
1,483 sqft

The existing structure has reported structural damage and is available for exterior viewing only.

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Salon Suites Business
Salon Suites Business

3276 Academy Ave, Portsmouth, VA 23703

$105,000
2,700 sqft

Built-out salon suite operation with a rental model for independent beauty professionals.

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Automotive Sales Lot
Automotive Sales Lot

4301 Portsmouth Blvd, Portsmouth, VA 23701

Contact for pricing
1,637 sqft

The property includes a 1,637-square-foot improvement and carries GMU zoning.

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Nail Shop Retail Space
Nail Shop Retail Space

1124 London Boulevard, Portsmouth, VA 23704

Contact for pricing
1,100 sqft

Existing nail shop with equipment conveyed as-is and negotiable lease terms.

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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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Portsmouth, VA Commercial Real Estate Market Trends and Statistics

Explore 72 commercial real estate for sale in Portsmouth, VA, showcased through 49 active listings on our real estate platform. These investment opportunities span a total of 358,810 square feet of properties for sale, with an estimated market value of $12,888,500.

Sale prices for business properties in Portsmouth, VA start at $65,000, averaging $560,369, and reaching up to $2,500,000 — 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 $65K
23703 $70K
23704 $308.4K
23701 $414K
23707 $658.8K

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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