326 High St Portsmouth, VA 23704-3707
This exceptional 10,040 square foot retail storefront is ideally situated at 326 High Street in Portsmouth, Virginia, zip code 23704. Boasting 82 feet of prominent frontage along historic High Street, this single-tenant space offers unparalleled visibility and accessibility. The property benefits from its location within an Enterprise Zone, providing potential economic advantages. Ample parking is available, with 10-15 surface spaces located at the rear of the building, supplemented by the convenient proximity of a city parking garage. This prime location places the property less than a quarter-mile from I-264, ensuring easy access for customers and employees. The property's neighbors include the well-established Roger Brown's Restaurant & Sports Bar and TCC's Visual Arts Center, creating a vibrant and attractive commercial environment. The entire 10,040 square feet is currently vacant, presenting a unique opportunity for a single tenant to establish a significant presence in a thriving Portsmouth location. The property's size and location make it suitable for a wide range of retail businesses.
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Dollar General Discount Store
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Western Union Bank Credit Union
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Dollar General 8285 - (VA) Electronics Vending Machine
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
T5 · Portsmouth, VAPortsmouth. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.