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    Portsmouth, VA Hotels for Sale

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    Historic 24-Room Hotel Property
    Updated: May 17
    Historic 24-Room Hotel Property

    422 Crawford Street, Portsmouth, VA 23704

    $675,000
    5,326 sqft 0.14 AC lot
    Built in 1841 with Greek Revival architecture and historic preservation updates for modern residential or commercial use
    24‑room property with a 1st‑floor primary retreat featuring a private entrance
    Transferable event license must transfer within 90 days
    Interior includes two full kitchens, two laundry rooms, and a kitchenette
    Updated with copper plumbing and commercial wiring
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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 1 Active listings in Portsmouth, VA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Historic Inn with Oceanfront Opportunity
    Historic Inn with Oceanfront Opportunity

    6715 S Croatan Highway, Nags Head, NC 27959

    $11,950,000
    9,279 sqft 6.07 AC lot

    Iconic Outer Banks inn with oceanfront development potential.

    View details
    Operative Hotel with Included Parking
    Operative Hotel with Included Parking

    410 21st Street, Virginia Beach, VA 23451

    $5,500,000
    46,260 sqft 0.77 AC lot

    Operative hotel offering an included parking lot to support guest arrivals and day-to-day operations.

    View details
    Historic Oceanfront Beach Hotel
    Historic Oceanfront Beach Hotel

    6715 S Croatan Highway, Nags Head, NC 27959

    $11,950,000
    210.00 AC lot

    Historic 1932 beach hotel with 26 guest rooms and oceanfront land with direct Atlantic frontage.

    View details
    Mixed-Use Town Center Development
    Mixed-Use Town Center Development

    222 Central Park Ave, Virginia Beach, VA 23462

    Contact for pricing

    Town Center in Virginia Beach anchors a dense live-work-play market with hotels, residences, and major daily employment.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Nags Head Land For Sale
    Nags Head Land For Sale

    7222 S Virginia Dare Trail lot: 12-13, Nags Head, NC 27959

    $1,200,000
    0.78 AC lot

    Approved cottage court development opportunity in Nags Head, North Carolina.

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    Soundfront Commercial Land Opportunity
    Soundfront Commercial Land Opportunity

    7545 South Virginia Dare Trail, Nags Head, NC 27959

    $595,000
    21,500 sqft 0.49 AC lot

    General Commercial C-2 District lot available for sale.

    View details
    Commercial Lot in Roanoke Rapids
    Commercial Lot in Roanoke Rapids

    Carolina Crossroads Pkwy lot: 9, Roanoke Rapids, NC 27870

    $525,000
    1.00 AC lot

    Commercial land suitable for restaurant, hotel, or other businesses.

    View details
    Waterfront Commercial Land
    Waterfront Commercial Land

    Hwy 903 Eaton Ferry Road, Littleton, NC 27850

    $5,250,000
    116.00 AC lot

    Large Lake Gaston parcel zoned for commercial activity with utilities at the roadway and options for subdivision or PUD planning.

    View details

    Off-Market Properties in Portsmouth, VA

    Consider similar Off-Market properties in Portsmouth, VA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    425 Water St
    HOTEL

    425 Water St, Portsmouth, VA 23704-3801

    $5,140,000
    Estimated value
    87,858 sqft 1.00 AC lot
    View details
    425 Water St
    HOTEL

    425 Water St, Portsmouth, VA 23704-3801

    $3,665,000
    Estimated value
    58,115 sqft 1.00 AC lot
    View details

    Portsmouth, VA Hotels Market Trends and Statistics

    Explore 3 hotels for sale in Portsmouth, VA on our real estate platform. These investment opportunities span a total of 5,326 square feet of properties for sale, with an estimated market value of $675,000.

    Sale prices for resorts in Portsmouth, VA start at $675,000, averaging $675,000, and reaching up to $675,000 — 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Hotels 1

    Demographics Overview

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

    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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