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1429 Chestnut Street, Portsmouth, VA, 23704
Corner Lot Zoned NMU

1429 Chestnut Street Portsmouth, VA 23704

For Sale
$42,000

LAND - Portsmouth, VA

Lot Size0.06 Acres
Days on Market52

Property Features for 1429 Chestnut Street

General Information

Property type Land
Property subtype Other
Zoning NMU
Standard status Active
Lot size 0.06 Acres

Taxes and HOA fees

Tax Annual Amount 136

Utilities

Water front features Waterfront
Listing Agency: The James Allen Group
Listed By: James Allen
Added: Jun 9 Changed: Jun 12 Last Checked: Jul 30 at 4:06AM
MLS# 10638848

Copyright © 2026 Real Estate Information Network, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This offering consists of a corner lot with commercial zoning under NMU. The property is presented as buildable land for buyers seeking a site for a commercial-use development, or for an alternate residential approach that may be considered through a single-family variance process, subject to approval.

The lot is located at 1429 Chestnut Street in Portsmouth, Virginia 23704. As a corner parcel, it provides street-facing frontage on two sides, which can support site layout options for compliant development. The listing notes that while the property is zoned for commercial use, it may qualify for a single-family variance.

For tenants, buyers, or developers looking at small site options, this land may fit as a low-scale project where zoning flexibility is a key consideration. Any intended use should be confirmed with the City of Portsmouth and other applicable approvals, including whether a single-family variance can be granted for this specific site.

Key Highlights

  • Corner lot with waterfront features
  • Zoned commercial; may qualify for an SF variance

Property Analytics

Property Profile Location Intelligence

Current Use

Commercial land

Suggested Use

Top Pick Big Box & Wholesale Store Dental Office Building Supply Real Estate Agency Storage Facility Pharmacy

Zoning and permitted uses should be independently verified with authorities.

Frequently Asked Questions

What type of property is this?
Commercial land - Corner commercial lot in NMU zoning that may be eligible for a single-family variance, subject to approval.
Where is this commercial land located?
The property is located at 1429 Chestnut Street Portsmouth, VA.
What is the asking price?
The asking price for this property is $42,000.
What are key features of this property?
This property features: Corner lot with waterfront features; Zoned commercial; may qualify for an SF variance
More about this property
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