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Two-Story Class B Office Building
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309 County Street, Portsmouth, VA 23704

Fully leased office property in downtown Portsmouth with T6 mixed-unit development zoning and access to nearby waterfront amenities.

Property Size15,524 SF
Price / SF$121.10
Days on Market78

Property Features for 309 County Street

General Information

Standard status Active
Size 15,524 SF
Class B
Property subtype Office
Zoning T6 (Mixed Unit Development)
Occupancy 100%
Investment Type Stabilized
Net Operating Income $157,995

Additional Details

Highway Access Yes

Building Details

Year Built 1986
Buildings 1
Stories 2
Units 5
Tenancy Single
Listing Agency: Riddle Associates, Inc.
Listed By: Shannon Stidham · License #VA 0225256218
Source: Crexi
Added: Jun 16 Changed: Aug 30 Last Checked: Aug 30 at 3:25AM

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 Riddle Associates, Inc.

Investment Insights

Based on property information with market context.

This 15,524-square-foot office building in downtown Portsmouth contains two stories and was completed in 1986. The Class B property is fully leased and has undergone recent capital improvements, with a mix of national and local occupants. T6 (Mixed Unit Development) zoning is in place.

The property is within walking distance of restaurants, waterfront attractions, and the Portsmouth Ferry. I-264 and I-464 provide regional access, while adjoining properties are owned and occupied by the City of Portsmouth.

Key Highlights

  • 15,524‑square‑foot, 2‑story Class B office building
  • Fully leased with national and local tenant mix
  • Built in 1986 with recent capital improvements

Property Analytics

Current Use

DriveERT Customer Care ... Freight Service ATM Guardian Fcu Atm Connecting Communities, Llc Corporate Office Portsmouth Emergency Management Government Office Jessica Farmer Physician

Suggested Use

Top Pick Garden Center Electrical Service Auto Parts Store Auto Repair Shop Plumbing Service Storage Facility

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

Lease Details

100%
Occupancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,225
Businesses Nearby

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

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Fully leased office property in downtown Portsmouth with T6 mixed-unit development zoning and access to nearby waterfront amenities.
Where is this office building located?
The property is located at 309 County Street Portsmouth, VA.
What is the asking price?
The asking price for this property is $1,880,000.
What are key features of this property?
This property features: 15,524‑square‑foot, 2‑story Class B office building; Fully leased with national and local tenant mix; Built in 1986 with recent capital improvements
(757) 256-7420 Call to check price and availability
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