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Updated Storefront Property
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 Market166

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
Listed By: Alesia Trent
Added: Feb 27 Changed: Aug 6 Last Checked: Aug 12 at 7:06AM
MLS# 10621480

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 1,827-square-foot storefront property occupies a 0.52-acre parcel in Portsmouth. Originally built in 1950, the building received extensive improvements in 2024, including replacement HVAC systems, new plumbing, refreshed interior and exterior finishes, and electrical updates. Central air and electric heating serve the property, while the roof is shingle construction.

The property is located at 2498 Airline Boulevard, near Rivers Casino Portsmouth. GMU zoning provides the listed land-use designation for the site. Its storefront configuration and recent building-system work create a clear commercial profile for users evaluating an established retail-oriented property.

Key Highlights

  • 1,827 SF storefront property on a 0.52‑acre parcel
  • 2024 improvements include two new HVAC systems, plumbing, paint, and electrical updates
  • GMU zoning

Property Analytics

Current Use

Cannaverse Theater & Performing Art Venue

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Big Box & Wholesale Store Dental Office Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

505
Businesses Nearby
Balanced
Demand for This Use

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

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Similar Off Market Nearby

  • Hughes Florist 4242 Portsmouth Blvd, Portsmouth, VA 23701
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Frequently Asked Questions

What type of property is this?
Storefront property - Recently improved commercial storefront with central air, electric heat, and GMU zoning.
Where is this storefront property 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: 1,827 SF storefront property on a 0.52‑acre parcel; 2024 improvements include two new HVAC systems, plumbing, paint, and electrical updates; GMU zoning
More about this property
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