3274 Academy Ave Portsmouth, VA 23703

Listing agency Berkshire Hathaway HomeServices Towne Realty Suffolk

Listed by LeAnn Amory · License #VA 0225178601

Source Crexi

Added: Apr 12 Updated: Jul 22 at 7:24PM Checked: Jul 22 at 7:24PM

Report an Issue

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.

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

Location Intelligence

Similar For Sale Nearby

• 

  $1,500,000

  7,500 SF

  Dollar General Absolute NNN Store

  Upgraded Dollar General prototype offered with an absolute NNN lease and a separate corporate guaranty.

  2210 Portsmouth Blvd, Portsmouth, VA 23704

  View Details
• 

  $1,085,000

  5,043 SF

  Leased Retail Strip Center

  Fully leased retail strip center in Portsmouth, Virginia.

  3601, 3603 & 3605 High Street, Portsmouth, VA 23707

  View Details
• 

  $790,000

  1,600 SF

  Gas Station and Convenience Store

  Turnkey gas station and convenience store open daily, positioned for high-visibility traffic near Rivers Casino.

  2910 Victory Boulevard, Portsmouth, VA 23702

  View Details
• 

  $1,200,000

  2,648 SF

  Freestanding Restaurant with Drive-Through

  Freestanding restaurant building with drive-through on a 0.80-acre lot, offering high visibility near key road access.

  440 Chestnut Street, Portsmouth, VA 23704

  View Details
• 

  $105,000

  2,700 SF

  Turnkey Salon Suites Business

  Established 2023 salon suites business operated through suite rentals; business only sale with no real estate included.

  3276 Academy Avenue, Portsmouth, VA 23703

  View Details
• 

  $675,000

  5,326 SF

  Historic 24-Room Hotel Property

  Greek Revival 24-room property with two full kitchens, multiple laundry areas, and transferable event licensing.

  422 Crawford Street, Portsmouth, VA 23704

  View Details
• 

  $1,100,000

  1,827 SF

  Income-Producing Commercial Property Near Casino

  High-visibility commercial property near Rivers Casino Portsmouth with recent updates.

  2498 Airline Boulevard, Portsmouth, VA 23701

  View Details
• 

  $246,000

  6,080 SF

  Turnkey Full-Service Restaurant

  Fully equipped full-service restaurant with seating for about 130 guests and a private dining room for up to 30.

  2900 Airline Boulevard, Portsmouth, VA 23701

  View Details
• 

  $2,535,000

  33,800 SF

  Historic Retail Building for Redevelopment

  Vacant historic building with prominent High Street frontage and large floor plates for adaptive reuse and mixed-use concepts.

  211-215 High Street, Portsmouth, VA 23704

  View Details
• 

  $639,000

  3,648 SF

  Office Building with Fenced Yard

  Fenced parking and yard support practical on-site storage and parking for an owner-operator or small business.

  3400 Airline Boulevard, Portsmouth, VA 23701

  View Details
• 

  $555,000

  3,440 SF

  Office/Warehouse Asset in Portsmouth

  Well-located office/warehouse with flexible zoning and modern construction.

  628 Dunedin Rd, Portsmouth, VA 23701

  View Details
• 

  $434,000

  2,774 SF

  Renovated Over-Under Duplex

  Renovated over-under duplex with two occupied units, featuring updated LVP flooring and kitchens with quartz counters.

  273 Elm Avenue, Portsmouth, VA 23704

  View Details

Similar Off Market Nearby

• Talento Latino Barbershop — 3206 stamford rd, portsmouth, va 23703
• The First Virginia Plaza — 3137 Western Branch Blvd, Chesapeake, VA 23321
• Churchland Market Place — 3249 Tyre Neck Rd, Portsmouth, VA 23703
• Coinstar Kiosk | Bitcoin ATM — 3249 Tyre Neck Rd, Portsmouth, VA 23703
• Market Place Square Shopping Center — 5909 High St W, Portsmouth, VA 23703

FAQs

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