Portsmouth, VA
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    Portsmouth, VA Commercial Real Estate for Sale

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    Chesapeake, VA Norfolk, VA Suffolk, VA
    50 listings
    Historic Greek Revival Showcase
    $685,000
    5,326 SF
    Historic Greek Revival Showcase

    422 Crawford Street, Portsmouth, VA 23704

    Spectacular 24-room property suitable for residential or commercial use.
    • Built in 1841 with Greek Revival architecture and a shingle roof
    • 24‑room property with zoned heat pump heating and zoned central air cooling
    • Two full kitchens plus a kitchenette and two laundry rooms
    • 1st‑floor primary retreat with a private entrance
    • Copper plumbing and commercial wiring updates
    Updated: May 17
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    Income-Producing Commercial Property Near Casino
    $1,100,000
    1,827 SF
    Income-Producing Commercial Property Near Casino

    2498 Airline Boulevard, Portsmouth, VA 23701

    High-visibility commercial property near Rivers Casino Portsmouth with recent updates.
    • High‑visibility location at a busy intersection.
    • Income‑producing commercial property.
    • Minutes from Rivers Casino Portsmouth.
    • Extensively updated in 2024.
    • Two new HVAC systems.
    Updated: Feb 27
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    Portsmouth Auto Repair Business
    $695,000
    2,984 SF
    Portsmouth Auto Repair Business

    Automobile repair business for sale near Walmart in Midtown Portsmouth.

    3700 Turnpike Road, Portsmouth, VA 23701

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    Downtown Portsmouth Mixed-Use Opportunity
    $879,000
    10,654 SF
    Downtown Portsmouth Mixed-Use Opportunity

    Centrally located mixed-use property with renovation potential in Portsmouth, VA.

    701 Court Street, Portsmouth, VA 23704

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    Restaurant Building and Business For Sale
    $584,999
    1,222 SF
    Restaurant Building and Business For Sale

    Established restaurant business and well-maintained building for sale.

    3332 Victory Boulevard, Portsmouth, VA 23701

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    Assisted Living Facility For Sale
    $750,000
    8,583 SF
    Assisted Living Facility For Sale

    32-bed assisted living facility on 0.8 acres in Portsmouth.

    3736 Turnpike Road, Portsmouth, VA 23701

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    Leased Retail Strip Center
    $1,085,000
    5,043 SF
    Leased Retail Strip Center

    Fully leased retail strip center in Portsmouth, Virginia.

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

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    Portsmouth Commercial Property For Sale
    $635,000
    2,502 SF
    Portsmouth Commercial Property For Sale

    Commercial property with long-term tenant in Portsmouth, Virginia.

    4000 George Washington Highway, Portsmouth, VA 23702

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    Office/Warehouse Asset in Portsmouth
    $555,000
    3,440 SF
    Office/Warehouse Asset in Portsmouth

    Well-located office/warehouse with flexible zoning and modern construction.

    628 Dunedin Rd, Portsmouth, VA 23701

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    Portsmouth Flex Space For Sale
    $1,595,000
    10,205 SF
    Portsmouth Flex Space For Sale

    10,205 SF flex space suitable for various business uses.

    3413 Griffin Street, Portsmouth, VA 23707

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    Retail Space For Sale
    Contact for pricing
    1,100 SF
    Retail Space For Sale

    Retail space with equipment included, lease terms negotiable.

    1124 London Boulevard, Portsmouth, VA 23704

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    Commercial Development Land Parcel
    $300,000
    2.20 Acres
    Commercial Development Land Parcel

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

    1481 Effingham Street, Portsmouth, VA 23704

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    Portsmouth Specialty Property For Sale
    $270,000
    2,200 SF
    Portsmouth Specialty Property For Sale

    Specialty property in Portsmouth, VA, ideal for commercial real estate.

    88 Paul Jones Street, Portsmouth, VA 23702

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    Versatile Victory Boulevard Commercial Property
    $399,000
    4,264 SF
    Versatile Victory Boulevard Commercial Property

    Adaptable commercial space near Rivers Casino, suitable for diverse ventures.

    3328 Victory Boulevard, Portsmouth, VA 23701

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    Office
    $595,000
    7,284 SF
    Office

    Office Spaces · 7,284 SF

    1805 Airline Blvd, Portsmouth, VA 23707

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    Office Building Near Medical Center
    $675,000
    5,038 SF
    Office Building Near Medical Center

    Office/medical building adjacent to Bon Secours Maryview Medical Center.

    3516 Queen St, Portsmouth, VA

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    Auto Service Facility For Sale
    Contact for pricing
    7,323 SF
    Auto Service Facility For Sale

    7,323 SF auto service facility with 6 bays.

    2012 High St, Portsmouth, VA

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    Brewery and Retail Facility
    Contact for pricing
    Brewery and Retail Facility

    Mixed-use facility combining brewery operations and retail tenants with prominent monument signage and active property management.

    3200 Academy Avenue, Portsmouth, VA 23703

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    Portsmouth Industrial/Flex Space Investment
    Contact for pricing
    58,800 SF
    Portsmouth Industrial/Flex Space Investment

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

    4025 Seaboard Court, Portsmouth, VA 23701

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    Retail Space Near Rivers Casino
    $750,000
    1,200 SF
    Retail Space Near Rivers Casino

    Retail property near new casino and entertainment district for rent.

    2830 Airline Blvd, Portsmouth, VA

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    Portsmouth Warehouse Space For Sale
    $1,495,000
    17,000 SF
    Portsmouth Warehouse Space For Sale

    17,000 SF warehouse available in Portsmouth, Virginia.

    3303 Airline Blvd, Portsmouth, VA

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    Portsmouth Industrial/Flex Space Investment
    Contact for pricing
    58,800 SF
    Portsmouth Industrial/Flex Space Investment

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

    4025 Seaboard Court |, Portsmouth, VA 23701

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    Land For Sale, Portsmouth, VA
    $60,000
    0.17 Acres
    Land For Sale, Portsmouth, VA

    Land available in Portsmouth, sold as is.

    21 Radford Street, Portsmouth, VA 23701

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    Vacant Lot Near I-264
    Contact for pricing
    0.06 Acres
    Vacant Lot Near I-264

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

    1403 Pulaski Street, Portsmouth, VA 23704

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    Portsmouth, VA Commercial Real Estate Investment Opportunities Market Analysis

    Explore 72 commercial real estate for sale in Portsmouth, VA, showcased through 50 active listings on our real estate platform. These investment opportunities span a total of 462,431 square feet of properties for sale, with an estimated market value of $34,896,123.

    Sale prices for business properties in Portsmouth, VA start at $90,000, averaging $1,246,290, and reaching up to $7,900,000 — 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
    23704 $457.7K
    23701 $656.9K
    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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