301 Goode Way Portsmouth, VA 23704

Property Details for 301 Goode Way

Lot size

1.28 lot acres

Zone code

GMU

Property type

Commercial real estate

APN

0032-0040

APU

320040

Description

This 0.11-acre condo at 301 Goode Way, Portsmouth, VA, presents a remarkable investment opportunity. Priced at $185,900, this second-floor unit is a blank canvas ready for immediate renovation and offers significant potential. The property boasts a brand-new HVAC system, fresh paint, and new flooring, providing a solid foundation for your vision. Imagine transforming this space into 5-6 offices, ideal for a medical practice or other professional business. The monthly condo fee of $400 covers common area maintenance, trash removal, landscaping, and water/sewer services, as per the seller. Building amenities include a professional owner's association manager, a four-passenger elevator, and comprehensive exterior maintenance and landscaping. Its central location in the Portsmouth business district offers unparalleled convenience. Situated near the Naval Medical Center, various restaurants, a park and ride center, and the interstate, this property enjoys exceptional accessibility and high visibility. The property's proximity to London Boulevard further enhances its strategic location and potential for attracting clientele. This is a rare chance to acquire a well-maintained, centrally located condo with significant upside potential in a thriving business district. Don't miss this opportunity to capitalize on this prime investment.

Location Insight

City

Portsmouth

County

Portsmouth City

State

Virginia

Longitude

-76.3102

Latitude

36.838

CBSA code

47260

CBSA name

VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments