Income-Producing Commercial Property Near
For Sale
$1,100,000
2498 Airline Boulevard, Portsmouth, VA 23701
COMMERCIAL - Portsmouth, VA
Property Size1,827 SF
Lot Size0.52 Acres
Price / SF$602.08
Days on Market159
Property Features for 2498 Airline Boulevard
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
GMU
Subdivision
ALL OTHERS AREA 21
Standard status
Active
Size
1,827 SF
Lot size
0.52 Acres
Taxes and HOA fees
Tax Annual Amount
4423
Utilities
Heating system
Electric (Heating)
Cooling system
Central Air
Building Details
Year built
1950
Roof type
Shingle
Listing Agency:
BHHS RW Towne Realty · Berkshire Hathaway HomeServices
(757) 549-2000
Listed By:
Alesia Trent
(757) 690-0439
Added: Feb 27
Changed: Aug 4
Last Checked: Aug 5 at 9:06PM
MLS# 10621480
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Investment Insights
Based on property information with market context.
This income-producing commercial property is located minutes from the Rivers Casino Portsmouth. Situated at a busy intersection in Portsmouth, the property benefits from high traffic exposure and long-term cash flow. The property was extensively updated in 2024, with improvements including two new HVAC systems, new plumbing, fresh interior and exterior paint, and updated electrical systems.
Key Highlights
- High‑visibility location at a busy intersection.
- Income‑producing commercial property.
- Minutes from Rivers Casino Portsmouth.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
505
Businesses Nearby
Explore this area
Business Placement
Demographics for 23701, VA
24,629
Population
10,318
Households
2.4
Avg Household Size
41
Median Age
23%
College-Educated
90%
High-School Grad
7.7 sq mi
ZIP Area
3,199
Density / Sq Mi
$63,389
Median Household Income
$44,633
Median Earnings
$1,313
Median Rent
$218,900
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - High-visibility commercial property near Rivers Casino Portsmouth with recent updates.
Where is this retail space located?
The property is located at 2498 Airline Boulevard Portsmouth, VA.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: High‑visibility location at a busy intersection.; Income‑producing commercial property.; Minutes from Rivers Casino Portsmouth.
