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    701 Court St Portsmouth, VA 23704
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    Property profile & analytics

    701 Court St, Portsmouth, VA 23704

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    • Commercial real estate
    • 0.28 lot acres
    Downtown Portsmouth Mixed-Use Opportunity For Sale
    $879,000
    10,654 SF

    Downtown Portsmouth Mixed-Use Opportunity

    Centrally located mixed-use property with renovation potential in Portsmouth, VA.

    701 Court Street, Portsmouth, VA 23704
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    Property ID
    US87-0373332
    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.

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    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • RT Atkison Building Corp. / General 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.


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    Location Insight

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    • Local Demand
    City
    Portsmouth
    County
    PORTSMOUTH
    State
    Virginia
    Longitude
    -76.30042
    Latitude
    36.83348
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    More about this property
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