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326 High St Portsmouth, VA 23704

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Portsmouth, VA: Prime Retail Space

Property size:
10,040 SF

Property Features for 326 High St

General Information

Property type
Individual retail properties
Square Feet
10,040 SF

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Listing Contact
Jay Burnell
Jay Burnell

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.

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Property Insight Report

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

Suggested Use

Real Estate Agency Restaurant Spa & Massage Center Hair Salon Dental Office Law Firm Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Portsmouth
County
City of Portsmouth
State
Virginia
Longitude
-76.3002681
Latitude
36.8355984

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.
(757) 222-0111 Call to check price and availability
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