Flex Space with Workshop
For Sale
$150,000
351 Maryland Ave, Portsmouth, VA 23707
Two-level building with office space, storage areas, separate access, and off-street parking.
Property SizeContact for details
Days on Market32
Property Features for 351 Maryland Ave
General Information
Standard status
Active
Additional Details
Utilities to Site
Yes
Taxes and HOA fees
Annual Taxes
$73,400
Building Details
Stories
2
Listing Agency:
Iron Valley Real Estate HR
(757) 645-9700
Listed By:
Jessica Lewis
Source:
Exprealty
Added: Jul 29
Changed: Aug 27
Last Checked: Aug 28 at 5:09PM
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 Iron Valley Real Estate HR
Investment Insights
Based on property information with market context.
This flex-space property at 351 Maryland Ave in Portsmouth includes two levels with 12 ft. ceilings downstairs and 14 ft. ceilings upstairs. The building offers a large rear office, workshop and storage areas, plus an upstairs section with its own entrance and potential for living space. Off-street parking is located behind the building.
Building systems include a newer electric panel box, plumbing, and gas lines. Gas heat and window units provide heating and air conditioning. The current office area has R30 or more in the walls, while some other areas have R25 insulation. The roof is described as a 25-year roof at about 15 years. The property can be used as single-family, multifamily, bed and breakfast, or adult daycare space per the city of Portsmouth. A boat, work equipment, and tools are included.
Building systems include a newer electric panel box, plumbing, and gas lines. Gas heat and window units provide heating and air conditioning. The current office area has R30 or more in the walls, while some other areas have R25 insulation. The roof is described as a 25-year roof at about 15 years. The property can be used as single-family, multifamily, bed and breakfast, or adult daycare space per the city of Portsmouth. A boat, work equipment, and tools are included.
Key Highlights
- 12 ft. ceilings downstairs and 14 ft. ceilings upstairs
- Upstairs area has a separate entrance and potential to become living space
- Newer electric panel box, plumbing, and gas lines
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
202
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 23707, VA
14,316
Population
7,216
Households
2
Avg Household Size
36
Median Age
26%
College-Educated
87%
High-School Grad
3.9 sq mi
ZIP Area
3,671
Density / Sq Mi
$51,070
Median Household Income
$37,932
Median Earnings
$1,076
Median Rent
$222,100
Median Home Value
Market
Vacancy Rate% for Industrial in South region
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Frequently Asked Questions
What type of property is this?
Flex space - Two-level building with office space, storage areas, separate access, and off-street parking.
Where is this flex space located?
The property is located at 351 Maryland Ave Portsmouth, VA.
What is the asking price?
The asking price for this property is $150,000.
What are key features of this property?
This property features: 12 ft. ceilings downstairs and 14 ft. ceilings upstairs; Upstairs area has a separate entrance and potential to become living space; Newer electric panel box, plumbing, and gas lines
