701 Court St Portsmouth, VA 23704
- Commercial real estate
- 0.28 lot acres
Current Use by Public Records
- RT Atkison Building Corp. / Contractor
Property Details for 701 Court St
- Year built
- 1960
- Lot size
- 0.28 lot acres
- Property type
- Commercial real estate
Description
This exceptional 0.28-acre commercial property, located at 701 Court Street in Portsmouth, Virginia, presents a unique investment opportunity. Situated on a busy corner lot in the heart of downtown, near major thoroughfares such as Route 264 and the Downtown Tunnel, this property boasts unparalleled visibility and accessibility. The existing building has recently undergone significant improvements, including a brand-new roof and exterior updates to the brick wall, columns, and paint. This demonstrates a commitment to quality and presents a solid foundation for a variety of commercial ventures. The property's versatility allows for single or multi-purpose use, catering to a wide range of business needs. The seller, a Class-A contractor, is prepared to collaborate with the buyer on any necessary renovations, offering a seamless transition and potential for customized development. Please note that the property currently houses an active business during the week, and there are pets on the premises. Access requires notification for security reasons. The chandeliers are excluded from the sale. This is a rare opportunity to acquire a well-maintained, high-traffic commercial property in a thriving downtown area. Don't miss out on this chance to establish your business in a prime Portsmouth location.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Portsmouth
- County
- PORTSMOUTH
- State
- Virginia
- Longitude
- -76.30042
- Latitude
- 36.83348
