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1020 High St Portsmouth, VA 23704

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For Sale
Contact for pricing

Prime 1.08-acre site, 50-unit potential.

Property Features for 1020 High St

General Information

Property type
Multifamily properties
Lot Size
3,920 SF

Building Details

Units
50

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Listing Contact
Ryan King
Ryan King

Listing Agency: Harvey Lindsay Commercial Real Estate Listing Agent: Ryan King

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Property Insight Report

Overview

This exceptional redevelopment opportunity encompasses approximately 1.08 acres of land strategically located in Portsmouth, Virginia, zip code 23704. The property, encompassing multiple parcels at 1020 High St, 1028 High St, 1015 Queen St, 1013 Queen St, and 400 Hatton St, is zoned NMU (Neighborhood Mixed Use), presenting significant potential for a variety of development projects. Its prime location within the Portsmouth Innovation District HUB & Enterprise Zone offers access to numerous incentives and benefits. The site is particularly attractive due to its adjacency to a newly constructed 50-unit apartment development, suggesting strong market demand and potential for synergistic development. The combined lot size provides ample space for a substantial project, allowing for creative and expansive design possibilities. This is a rare chance to acquire a sizable parcel in a thriving urban area with a proven track record of successful development. The property's versatility and strategic location make it an ideal investment for developers seeking a high-impact project in a rapidly growing market. Detailed site plans and zoning information are available upon request. This is a truly unique opportunity to shape the future of this vibrant neighborhood.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Commercial real estate

Suggested Use

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

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

Location Insight

  • Map
  • Local Demand
City
Portsmouth
County
Portsmouth
State
Virginia
Longitude
-76.3104772
Latitude
36.8353782

FAQs

What type of property is this?
Multifamily property - Prime 1.08-acre site, 50-unit potential.
Where is this multifamily property located?
The property is located at 1020 High St Portsmouth, VA.
What are key features of this property?
This property features: 1.08-acre redevelopment opportunity in Portsmouth, VA.; NMU (Neighborhood Mixed Use) zoning.; Prime redevelopment opportunity in the Portsmouth Innovation District HUB & Enterprise Zone.
(757) 640-8210 Call to check price and availability
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