Flexible Two-Level
For Sale
$150,000
351 Maryland Avenue, Portsmouth, VA 23704
Commercial/Industrial, Portsmouth, VA
Property Size4,928 SF
Lot Size0.13 Acres
Price / SF$30.44
Days on Market25
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 20
Last Checked: Aug 22 at 7:06AM
MLS# 10646425
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Investment Insights
Based on property information with market context.
This 4,928-square-foot flex space at 351 Maryland Avenue features two levels with 12-foot ceilings downstairs and 14-foot ceilings upstairs. The layout includes a large rear office, a separate entrance to the upper level, and space suited to workshop, storage, boat-related, or artist uses. The upper floor also has potential to become living space, subject to applicable requirements.
Building systems include a newer electric panel box, plumbing, and gas lines, along with electric heat and window-unit air conditioning. The current office area has R30 or more insulation in the walls, while some other areas have R25 insulation. A 25-year roof is approximately 15 years old. Off-street parking is located behind the building, and the property occupies 0.13 acres in Portsmouth. The boat, work equipment, and tools inside the building convey with the property.
Building systems include a newer electric panel box, plumbing, and gas lines, along with electric heat and window-unit air conditioning. The current office area has R30 or more insulation in the walls, while some other areas have R25 insulation. A 25-year roof is approximately 15 years old. Off-street parking is located behind the building, and the property occupies 0.13 acres in Portsmouth. The boat, work equipment, and tools inside the building convey with the property.
Key Highlights
- 4,928‑square‑foot flex space on a 0.13‑acre lot
- 12‑foot downstairs ceilings and 14‑foot upstairs ceilings
- Separate upper‑level entrance and large rear office
Property Analytics
Property Profile
Current Use
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 Industrial in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Workshop-oriented property with separate upper-level entry, rear office, and off-street parking.
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: 4,928‑square‑foot flex space on a 0.13‑acre lot; 12‑foot downstairs ceilings and 14‑foot upstairs ceilings; Separate upper‑level entrance and large rear office
