Flex Space with Upstairs Separate
New
For Sale
$150,000
351 Maryland Avenue, Portsmouth, VA 23704
COMMERCIAL - Portsmouth, VA
Property Size4,928 SF
Lot Size0.13 Acres
Price / SF$30.44
Days on Market4
Property Features for 351 Maryland Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
HR
Parking features
Off Street
Subdivision
PORT NORFOLK
Standard status
Active
Size
4,928 SF
Lot size
0.13 Acres
Taxes and HOA fees
Tax Annual Amount
73400
Utilities
Heating system
Electric (Heating)
Cooling system
Wall/Window Unit(s)
Building Details
Year built
1937
Roof type
Shingle
Listing Agency:
Iron Valley Real Estate HR
(757) 645-9700
Listed By:
Jessica Lewis
(757) 645-9700
Added: Jul 29
Changed: Aug 1
Last Checked: Aug 1 at 1:06PM
MLS# 10646425
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Investment Insights
Based on property information with market context.
Flex space at 351 Maryland Avenue offering two ceiling-height levels, with 12 ft. ceilings downstairs and 14 ft. ceilings upstairs. The upstairs includes a separate entrance, and the layout features a large office in the back. The building is described as suitable for a range of creative uses, and includes office area insulation rated R30 or more in the walls, with R25 insulation in some other areas.
Updates noted include a newer electric panel box, plumbing, and gas lines. Heating is described as gas heat, along with electric heating, and cooling is provided via wall/window units for air conditioning. The roof is a 25-year shingle roof reported to be about 15 years old. Off-street parking is located behind the building.
Built in 1937, the property sits on a 0.13-acre lot with a total property size of 4,928 square feet. Zoning is listed as HR.
Updates noted include a newer electric panel box, plumbing, and gas lines. Heating is described as gas heat, along with electric heating, and cooling is provided via wall/window units for air conditioning. The roof is a 25-year shingle roof reported to be about 15 years old. Off-street parking is located behind the building.
Built in 1937, the property sits on a 0.13-acre lot with a total property size of 4,928 square feet. Zoning is listed as HR.
Key Highlights
- Upstairs level has a separate entrance
- 12 ft. ceilings downstairs and 14 ft. ceilings upstairs
- Zoning: HR
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 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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Flex space with two-level ceiling heights, upstairs separate entrance, and off-street parking behind in HR zoning.
Where is this flex space located?
The property is located at 351 Maryland Avenue 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: Upstairs level has a separate entrance; 12 ft. ceilings downstairs and 14 ft. ceilings upstairs; Zoning: HR
