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    3018 Victory Blvd Portsmouth, VA 23701

    For Sale
    $450,000

    Purchase,Commercial/Industrial - Portsmouth, VA

    Property size:
    6,612 SF
    Lot size:
    0.16 Acres
    Days on Market:
    211
    Last Refresh:
    Dec 13 at 10:06 pm

    Property Features for 3018 Victory Blvd

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    COMM/IND
    Parking features
    Off Street
    Interior features
    Inside Storage, Lighting
    Exterior features
    Door Sign
    Size
    6,612 SF
    Lot size
    0.16 Acres

    Utilities

    Heating system
    Electric (Heating), Heat Pump (Heating)
    Cooling system
    Central Air

    Building Details

    Year built
    1956
    Floors in Building
    2
    Number of units
    4
    Flooring type
    Carpet, Concrete, Laminate, Vinyl
    Roof type
    Asphalt, Shingle
    Architectural style
    Other

    Berkshire Hathaway HomeServices RW Towne Realty (757) 690-0439 [email protected]

    Listing agent Darcy Guethlein (757) 690-0439

    Listing date May 17, 2025

    MLS# 10582687 Listing URL

    Copyright © 2025 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.

    Overview

    Commercial Building on Victory Boulevard

    This is a store-style, two-story commercial building featuring glass front windows. Constructed with brick and cinder block, it has a flat rubber roof and a front awning with shingles. The property is currently occupied by four separate businesses under month-to-month leases, with businesses on both the first and second floors. The building is being sold "As Is". The lot size is 0.16 acres. The property size is 6,612 square feet. The zoning is COMM/IND. An adjacent commercial parking area is sold separately. The property is located on Victory Boulevard in Portsmouth, Virginia.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Hair Lounge VA Beauty Salon Tidewater Waxing Ideal ... Waxing Hair Removal Service Statuesque Boutique Women'S Clothing Store

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Portsmouth
    County
    Portsmouth
    State
    Virginia
    Longitude
    -76.3447557
    Latitude
    36.7964002

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    FAQs

    What type of property is this?
    Storefront property - Two-story commercial building with month-to-month leases in Portsmouth, VA.
    Where is this storefront property located?
    The property is located at 3018 Victory Blvd Portsmouth, VA.
    What is the asking price?
    The asking price for this property is $450,000.
    What are key features of this property?
    This property features: - Store-style building with **glass front windows**.; - Two-story brick and cinder block construction.; - Four month-to-month leases in place.
    (757) 690-0439
    Request Owner's contact information
    3018 Victory Blvd Portsmouth, VA 23701
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3018 Victory Blvd Portsmouth, VA 23701
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