4520 George Washington Hwy, Portsmouth, VA 23702

Listing Agency: Berkeley Capital Advisors' Richmond

Listed By: Thompson Brown · License VA #0225225516

Source: Crexi

Added: Oct 29 Changed: Nov 10 Last Checked: Nov 14 at 2:31AM

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Investment Insights

Based on property information with market context.

Williams Court II is a storefront property at 4520 George Washington Hwy, Portsmouth, VA 23702.

Key Highlights

• 4520 George Washington Hwy address in Portsmouth, VA 23702

Property Analytics

Current Use

The Corner Bar and Lounge Restaurant

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Pharmacy Spa & Massage Center Skin Care Clinic

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

Location Intelligence

Trade Area within ½ mile

359

Businesses Nearby

81k

Monthly Visits Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Dining 76% Shops & Services 23% Hotels & Casinos 1%

McDonald's Dining

23,071 visits/mo 0.2 miles

Wendy's Dining

12,155 visits/mo 0.3 miles

Dollar Tree Shops & Services

11,130 visits/mo 0.3 miles

Dunkin' Donuts Dining

6,916 visits/mo 0.1 miles

Arby's Dining

6,754 visits/mo 0.1 miles

Demographics for 23702, VA

12,239

Population

5,278

Households

2.3

Avg Household Size

33

Median Age

9%

College-Educated

91%

High-School Grad

2.4 sq mi

ZIP Area

5,100

Density / Sq Mi

$48,288

Median Household Income

$35,716

Median Earnings

$1,228

Median Rent

$188,600

Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020

6.2% 2021

5.1% 2022

4.8% 2023

4.9% 2024

5.4% 2025

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Frequently Asked Questions

What type of property is this?

Storefront property - This storefront property is situated on George Washington Highway in Portsmouth.

Where is this storefront property located?

The property is located at 4520 George Washington Hwy Portsmouth, VA.

What are key features of this property?

This property features: 4520 George Washington Hwy address in Portsmouth, VA 23702