326 High St Portsmouth, VA 23704
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Portsmouth, VA: Prime Retail Space
Property size:
10,040 SFProperty Features for 326 High St
General Information
- Property type
- Individual retail properties
- Square Feet
- 10,040 SF
Listing Agency: Parker Burnell Real Estate Group Listing Agent: Jay Burnell
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
This exceptional 10,040-square-foot retail storefront at 326 High Street in Portsmouth, Virginia, presents a lucrative investment opportunity. Located in a thriving area with over 270,000 people within a five-mile radius, this property boasts 82 feet of prime frontage on historic High Street, ensuring high visibility. The building is situated next to Roger Brown's Restaurant & Sports Bar and TCC's Visual Arts Center, creating a synergistic environment. Convenient access to I-264 and ample parking, including 10-15 surface spaces at the rear and proximity to a city parking garage, further enhance its appeal. The property is currently 100% occupied under a NNN lease, offering a stable income stream. The asking price is $850,000, translating to $84.66 per square foot. This single-tenant retail space is ideal for businesses seeking a high-traffic location in a vibrant community with a strong demographic profile of high-income households. The property's location within an Enterprise Zone may offer additional tax benefits. This is a rare opportunity to acquire a well-positioned, high-performing retail asset in a desirable market.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Dollar General
Discount Store
Western Union
Bank
Dollar General 8285 ...
Electronics Vending Machine
Location Insight
- Map
- Local Demand
- City
- Portsmouth
- County
- City of Portsmouth
- State
- Virginia
- Longitude
- -76.3002681
- Latitude
- 36.8355984
Nearby Similar for Sale
FAQs
What type of property is this?
Individual retail property - Portsmouth, VA: Prime Retail Space
Where is this individual retail property located?
The property is located at 326 High St Portsmouth, VA.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: 10,040 SF of retail space in Portsmouth's central business district, adjacent to Roger Brown's and TCC's Visual Arts Center.; 82 feet of High Street frontage in an Enterprise Zone.; 10-15 surface parking spaces on-site, plus nearby city parking.