Historic Retail Building for
For Sale
Contact for pricing
211-215 High Street, Portsmouth, VA 23704
Vacant historic building with prominent High Street frontage and large floor plates for adaptive reuse and mixed-use concepts.
Property Size33,800 SF
Price / SF$75
Days on Market98
Property Features for 211-215 High Street
General Information
Standard status
Active
Size
33,800 SF
Class
B
Property subtype
Retail
Zoning
D-1
Investment Type
Redevelopment
Additional Details
Opportunity Zone
Yes
Building Details
Year Built
1966
Buildings
1
Stories
2
Listing Agency:
Cushman & Wakefield Thalhimer - Norfolk/Virginia Beach, Virginia
Listed By:
Josh Fulton · License #VA
Source:
Crexi
Added: Jun 22
Changed: Sep 10
Last Checked: Sep 26 at 5:44AM
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 Cushman & Wakefield Thalhimer - Norfolk/Virginia Beach, Virginia
Investment Insights
Based on property information with market context.
This for-sale property is a historic retail building totaling 33,800 SF and currently offered as a vacant facility, allowing for redevelopment without tenant displacement concerns. The building’s large floor plates provide flexible planning for a range of conversions and repositioning strategies, while its strong historic character and architectural features support adaptive reuse concepts.
The property is located in Olde Towne Portsmouth, described as a walkable downtown district. It has prominent frontage along High Street, positioned along Portsmouth’s primary commercial corridor, with proximity to municipal services and nearby dining, entertainment, and residential neighborhoods.
The building’s configuration and urban setting make it suitable for buyers considering mixed-use, multifamily conversion, hospitality, entertainment, office, retail, or other adaptive reuse projects, subject to applicable approvals. For investors and owner-operators focused on redevelopment, the opportunity zone designation noted in the remarks may be relevant for qualified plans. The offering is intended for immediate redevelopment to align with ongoing revitalization in the downtown waterfront area.
The property is located in Olde Towne Portsmouth, described as a walkable downtown district. It has prominent frontage along High Street, positioned along Portsmouth’s primary commercial corridor, with proximity to municipal services and nearby dining, entertainment, and residential neighborhoods.
The building’s configuration and urban setting make it suitable for buyers considering mixed-use, multifamily conversion, hospitality, entertainment, office, retail, or other adaptive reuse projects, subject to applicable approvals. For investors and owner-operators focused on redevelopment, the opportunity zone designation noted in the remarks may be relevant for qualified plans. The offering is intended for immediate redevelopment to align with ongoing revitalization in the downtown waterfront area.
Key Highlights
- Vacant historic retail building built in 1966, totaling 33,800 SF
- Prominent High Street frontage on Portsmouth’s primary commercial corridor
- Large floor plates offer flexibility for redevelopment and repositioning
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,092
Businesses Nearby
21k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Hotels & Casinos 39%
Shops & Services 37%
Dining 19%
Leisure 5%
Renaissance Portsmouth-Norfolk Waterfront Hotel
Hotels & Casinos
8,301 visits/mo
0.2 miles
Navy Federal Credit Union
Shops & Services
8,031 visits/mo
0.1 miles
Jimmy John's
Dining
3,162 visits/mo
0.2 miles
Freedom Boat Club
Leisure
1,110 visits/mo
0.4 miles
Thai Basil
Dining
836 visits/mo
0.4 miles
Demographics for 23704, VA
19,505
Population
9,538
Households
2
Avg Household Size
36
Median Age
22%
College-Educated
86%
High-School Grad
4.5 sq mi
ZIP Area
4,334
Density / Sq Mi
$44,739
Median Household Income
$34,488
Median Earnings
$1,279
Median Rent
$197,400
Median Home Value
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Market
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
What type of property is this?
Storefront property - Vacant historic building with prominent High Street frontage and large floor plates for adaptive reuse and mixed-use concepts.
Where is this storefront property located?
The property is located at 211-215 High Street Portsmouth, VA.
What is the asking price?
The asking price for this property is $2,535,000.
What are key features of this property?
This property features: Vacant historic retail building built in 1966, totaling 33,800 SF; Prominent High Street frontage on Portsmouth’s primary commercial corridor; Large floor plates offer flexibility for redevelopment and repositioning
