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Property profile & analytics

500 Washington St Portsmouth, VA 23704

  • Office buildings
  • 5,912 SF
  • 0.16 lot acres
Value Estimation
$445,000
Last Sale
Oct 29, 2021
$375,000
Location Intelligence
Property ID
US87-1244291
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Medcare Weight Loss Therapy / Weight Loss Service
  • Seek Your Serenity Counseling Center LLC / Mental Health Clinic / Counselor
  • CJ Counseling and Consulting Services / Social Worker
  • Healing Journey Center for Wellness / Counselor
  • Diversified Counseling & Assessment / Counselor

Property Details for 500 Washington St

Year built
1988
Construction
BRICK
Lot size
0.16 lot acres
Property size
5,912 SF
Zone code
T5
Property type
Office buildings
APN
0025-0150
APU
250150

Description

This vibrant Portsmouth, Virginia office space at 500 Washington St, zip code 23704, offers a diverse range of flexible work solutions. The property features eight individual office spaces, perfect for startups, small businesses, or remote workers seeking a professional environment. Space sizes vary, ranging from a compact 145 square feet to a more substantial 2,911 square feet, catering to a variety of needs and budgets. The building offers a shared breakroom, fostering collaboration and community among tenants. The location is in the desirable Downtown Portsmouth submarket, providing easy access to local amenities and transportation. This is an excellent opportunity to secure a well-appointed office space in a thriving urban setting. The property type is classified as a creative office and coworking space, suitable for businesses seeking a modern and inspiring workspace. Multiple tenancies are available, allowing for scalability and flexibility to accommodate growing businesses. The address is conveniently located at 500 Washington Street, Portsmouth, VA 23704, with GPS coordinates 36.8350631 latitude and -76.3041589 longitude. This property presents a unique chance to establish a presence in a dynamic and up-and-coming area. Inquire today to learn more about available spaces and lease terms.

Value Estimation

Powered by Realmo proprietary methodology Last update: July 3, 2025
  • CAP approach

  • Comparable approach

  • Alternative Use

Location Insight

  • Map
  • Local Demand
City
Portsmouth
County
Portsmouth City
State
Virginia
Longitude
-76.3041
Latitude
36.835
CBSA code
47260
CBSA name
VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$5,701
$123,830
$262,450
$386,280
-
$123,830
$262,450
$386,280
More about this property
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