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Storefront Building with New Roof
For Sale
$879,000

701 Court St, Portsmouth, VA 23704

The main building has a new roof, with front brick, column, and paint improvements identified.

Property Size10,654 SF
Price / SF$82.50
Days on Market35

Property Features for 701 Court St

General Information

Standard status Active
Size 10,654 SF

Additional Details

Corner Location Yes

Building Details

Year Built 1960
Listing Agency: BHHS RW Towne Realty
Listed By: Lynn Atkison
Source: Horakrealtygroup
Added: Jul 26 Changed: Aug 29 Last Checked: Aug 29 at 6:36PM

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 BHHS RW Towne Realty

Investment Insights

Based on property information with market context.

This 1960 storefront property at 701 Court St includes 10,654 square feet of commercial building area. The main building has a new roof, while the front brick wall and columns have received improvement work along with paint updates. A security system is in place, and an active business operates during the week.

The property is in downtown Portsmouth near Route 264 and the Downtown tunnel. Existing chandeliers are excluded from the sale. The building’s storefront classification and central downtown setting support continued commercial use, subject to the buyer’s plans and applicable requirements.

Key Highlights

  • 10,654‑square‑foot storefront property at 701 Court St
  • Built in 1960
  • New roof on the main building

Property Analytics

Current Use

RT Atkison Building ... General Contractor

Suggested Use

Top Pick Electrical Service Auto Parts Store Garden Center Plumbing Service Storage Facility Florist

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

1,225
Businesses Nearby
51k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 74% Hotels & Casinos 16% Dining 8% Leisure 2%
Wawa Shops & Services
29,586 visits/mo 0.4 miles
Renaissance Portsmouth-Norfolk Waterfront Hotel Hotels & Casinos
8,301 visits/mo 0.3 miles
Navy Federal Credit Union Shops & Services
8,031 visits/mo 0.1 miles
Jimmy John's Dining
3,162 visits/mo 0.1 miles
Freedom Boat Club Leisure
1,110 visits/mo 0.4 miles

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 Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Similar Off Market Nearby

  • Diamond Floral Enterprises 428 Elm Ave, Portsmouth, VA 23704

Frequently Asked Questions

What type of property is this?
Storefront property - The main building has a new roof, with front brick, column, and paint improvements identified.
Where is this storefront property located?
The property is located at 701 Court St Portsmouth, VA.
What is the asking price?
The asking price for this property is $879,000.
What are key features of this property?
This property features: 10,654‑square‑foot storefront property at 701 Court St; Built in 1960; New roof on the main building
More about this property
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