Multi-Suite Retail
For Sale
Contact for pricing
Pending
3274 Academy Ave, Portsmouth, VA 23703
Three adjacent retail suites with private bathrooms, each with its own 200-amp electric panel and front and rear exterior doors.
Property SizeContact for details
Days on Market144
Property Features for 3274 Academy Ave
General Information
Standard status
Pending
Property subtype
Retail
Listing Agency:
Berkshire Hathaway HomeServices Towne Realty Suffolk
Listed By:
LeAnn Amory · License #VA 0225178601
Source:
Crexi
Added: Apr 12
Changed: Aug 26
Last Checked: Aug 31 at 7:43PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Berkshire Hathaway HomeServices Towne Realty Suffolk
Investment Insights
Based on property information with market context.
This retail offering consists of three adjacent spaces that can function individually or together, totaling 2,700 square feet. Each 900-square-foot suite includes a bathroom and has dedicated utilities with its own 200-amp electric panel. Every suite is served by exterior doors at both the front and the back, supporting flexible entry and operations within the shopping center.
The spaces are currently operated as a tanning salon and a hair salon, and the seller notes the shopping center has been operating for more than 25 years and is described as having strong traffic counts. A high-visibility sign is identified on Western Branch Blvd, providing storefront visibility for customer access.
Included with the sale is a provided equipment list for the turn-key business, with one year remaining on the lease and a right to renew. The equipment list includes top-of-the-line beds and salon stations, as well as Eurowalls that allow floorplan changes without permits.
The spaces are currently operated as a tanning salon and a hair salon, and the seller notes the shopping center has been operating for more than 25 years and is described as having strong traffic counts. A high-visibility sign is identified on Western Branch Blvd, providing storefront visibility for customer access.
Included with the sale is a provided equipment list for the turn-key business, with one year remaining on the lease and a right to renew. The equipment list includes top-of-the-line beds and salon stations, as well as Eurowalls that allow floorplan changes without permits.
Key Highlights
- Three adjacent retail suites totaling 2,700 SF
- Each 900 SF suite includes a private bathroom
- Each suite has its own 200‑amp electric panel plus front and rear exterior doors
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,197
Businesses Nearby
267k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 47%
Shops & Services 41%
Groceries 9%
Apparel 2%
McDonald's
Dining
33,302 visits/mo
0.4 miles
Dollar Tree
Shops & Services
24,543 visits/mo
0.3 miles
Royal Farms
Shops & Services
24,286 visits/mo
0.2 miles
Roses Discount Store
Shops & Services
21,229 visits/mo
0.3 miles
Navy Federal Credit Union
Shops & Services
17,807 visits/mo
0.4 miles
Demographics for 23703, VA
26,388
Population
10,856
Households
2.4
Avg Household Size
38
Median Age
29%
College-Educated
91%
High-School Grad
13.9 sq mi
ZIP Area
1,898
Density / Sq Mi
$75,804
Median Household Income
$46,288
Median Earnings
$1,377
Median Rent
$273,700
Median Home Value
Market
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
What type of property is this?
Shopping center - Three adjacent retail suites with private bathrooms, each with its own 200-amp electric panel and front and rear exterior doors.
Where is this shopping center located?
The property is located at 3274 Academy Ave Portsmouth, VA.
What are key features of this property?
This property features: Three adjacent retail suites totaling 2,700 SF; Each 900 SF suite includes a private bathroom; Each suite has its own 200‑amp electric panel plus front and rear exterior doors
