301 Goode Way Portsmouth, VA 23704

This 1,468 square foot Class B medical office condo (Unit 206) is available for $250,000, offering a pro-forma cap rate of 12% and a pro-forma NOI of $30,000. Located at 301 Goode Way, Portsmouth, VA 23704, this vacant unit is situated in a two-story building constructed in 1991 and features seven to eight private offices, a reception area, conference/meeting rooms, two private restrooms, a breakroom, and ample window treatments. The space includes inside storage and a small kitchenette. Building amenities include a four-person passenger elevator, on-site professional association management, landscaped grounds, exterior maintenance, and convenient access to I-264, the Naval Medical Center, a Park & Ride center, restaurants, and the Norfolk waterfront across the Elizabeth River. The property is zoned GMU and benefits from a fire sprinkler system and door signage. This prime location in Portsmouth's Central Business District is experiencing significant revitalization, with recent developments including a new Wawa nearby. The unit is ideal for medical practices, administrative offices, or other businesses. The asking price per square foot is $170.30. APN: 00321820.