1020 High StPortsmouth, VA 23704

Property Details for 1020 High St

Lot size

0.09 AC

Property type

Other commercial real estate

Property subtype

Multifamily properties

Description

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.

Location Insight

City

Portsmouth

County

Portsmouth

State

Virginia

Latitude

36.8354

Longitude

-76.3105

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