Portsmouth, VA Retail Properties & Spaces for Sale

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Updated: Aug 17

Three-Bay Auto Repair Shop

1205 Airline Boulevard, Portsmouth, VA 23707

$625,000

2,330 sqft 0.23 AC lot

2,330‑square‑foot automotive repair facility
Three service bays with equipment included
Automobile repair business established for over 40 years
0.23‑acre site in Portsmouth, VA
C‑2 zoning

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Updated: Apr 24

Operating Gas Station & Convenience Store

2910 Victory Boulevard, Portsmouth, VA 23702

$699,000

1,600 sqft 0.35 AC lot

Operating gas station and convenience store open daily
1,600 square feet on a 0.35‑acre site
Approximately 20,000 vehicles in average daily traffic
Approximately one mile from Rivers Casino
IL zoning at 2910 Victory Boulevard

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Retail Space with Equipment

1124 London Boulevard, Portsmouth, VA 23704

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1,100 sqft 3.48 AC lot

Existing nail shop configuration with central air and negotiable lease terms.

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Leased Retail Strip Center

3601, 3603 & 3605 High Street, Portsmouth, VA 23707

$1,085,000

5,043 sqft 0.44 AC lot

Fully leased retail strip center in Portsmouth, Virginia.

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Storefront Building with New Roof

701 Court St, Portsmouth, VA 23704

$879,000

10,654 sqft

The main building has a new roof, with front brick, column, and paint improvements identified.

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Nail Shop Retail Space

1124 London Boulevard, Portsmouth, VA 23704

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1,100 sqft

Existing nail shop with equipment conveyed as-is and negotiable lease terms.

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Grocery-Anchored Shopping Center

4000-4016 Victory Blvd, Portsmouth, VA 23701

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108,713 sqft

Retail hub component with multiple service-oriented tenants and access from a major intersection.

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Historic Retail Building for Redevelopment

211-215 High Street, Portsmouth, VA 23704

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33,800 sqft

Vacant historic building with prominent High Street frontage and large floor plates for adaptive reuse and mixed-use concepts.

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Dollar General Absolute NNN Store

2210 Portsmouth Blvd, Portsmouth, VA 23704

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7,500 sqft

Upgraded Dollar General prototype offered with an absolute NNN lease and a separate corporate guaranty.

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Retail Investment Property

1503 London Blvd, Portsmouth, VA 23704

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33,000 sqft

Retail property offered for sale with a stated 33,000 SF size.

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Retail

3700 Turnpike Rd, Portsmouth, VA 23701

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2,625 sqft

Auto shops · 2,625 SF

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Post Office-Anchored Shopping Center

3545-3590 Towne Point Rd, Portsmouth, VA 23703

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21,478 sqft 2.19 AC lot

Established retail center with a long-term US Post Office anchor and direct access near the 164 bypass.

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Automotive Property with Office Building

2486 Airline Blvd, Portsmouth, VA 23701

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1,591 sqft 0.30 AC lot

GMU-zoned property offering automotive, office, or retail use flexibility.

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Retail Building with 9,348 SF

3619 High Street, Portsmouth, VA 23707

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9,348 sqft

For sale retail property totaling 9,348 SF at 3619 High Street in Portsmouth, VA.

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Automotive Flex Space

400 Cumberland Ave, Portsmouth, VA 23707

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6,800 sqft

GMU-zoned space combines grade-level access with a fenced storage yard.

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Retail Space For Sale

1220 High St, Portsmouth, VA 23704

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1,886 sqft

Retail space available for purchase.

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Open Retail Shop For Sale

4211 Portsmouth Blvd, Portsmouth, VA 23704

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Open retail shop located within Alexanders Corner near the Portsmouth Blvd and Airline Blvd intersection.

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Self-Service Car Wash Facility

3600 George Washington Highway, Portsmouth, VA 23704

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Operating truck, automobile, and dog washing facility positioned at a signalized intersection with redevelopment possibilities.

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Multi-Suite Retail Storefront

3274 Academy Ave, Portsmouth, VA 23703

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Three adjacent retail suites with private bathrooms, each with its own 200-amp electric panel and front and rear exterior doors.

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Retail Property For Sale

114 Chowan Dr, Portsmouth, VA 23701

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Retail property suitable for owner-occupant with short-term leases.

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Retail Space with Frontage

326 High St, Portsmouth, VA 23704

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10,040 sqft

Located in an Enterprise Zone with rear surface parking and proximity to I-264.

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Commercial Land Zoned NMU

1609 High St, Portsmouth, VA 23704

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Land ideal for retail, office, or mixed commercial use.

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Based on your search, we've compiled Potential Opportunities for your consideration. Besides 22 Active Listings in Portsmouth, VA, we suggest to view alternatives - similar 50 Off-Market properties to explore as potential leads.

Off-Market Properties in Portsmouth, VA

Consider similar Off-Market properties in Portsmouth, VA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

RETAIL STORES (PERSONAL SERVICES)

326 High St, Portsmouth, VA 23704-3707

$1,810,000

Estimated value

10,177 sqft 0.37 AC lot

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NIGHTCLUB (COCKTAIL LOUNGE)

316 High St, Portsmouth, VA 23704-3707

$1,810,000

Estimated value

31,192 sqft 0.37 AC lot

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Portsmouth, VA Retail Properties & Spaces Market Trends and Statistics

Explore 72 retail properties & spaces for sale in Portsmouth, VA, showcased through 22 active listings on our real estate platform. These investment opportunities span a total of 258,608 square feet of properties for sale, with an estimated market value of $3,288,000.

Sale prices for stores in Portsmouth, VA start at $625,000, averaging $822,000, and reaching up to $1,085,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 97K

Population Growth (5Y) -6.7%

Median Household Income $59,342

College Educated 29.1%

High-Yield Neighborhoods for Investment

Identify Portsmouth submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
23704	$219.8K
23702	$699K
23707	$855K

Taxes & Financing

Tax Rate (average for all types) 1.27%

Property Tax per SF $16.32 per SF

Tax Rate vs County Average 0.09 pp above county avg

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Portsmouth city

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Portsmouth city

Retail

Property Size Breakdown

The majority of commercial real estate listings in Portsmouth fall within the 100,000+ square foot range.

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Portsmouth, VA Retail Properties & Spaces for Sale

1205 Airline Boulevard, Portsmouth, VA 23707

2910 Victory Boulevard, Portsmouth, VA 23702

1124 London Boulevard, Portsmouth, VA 23704

3601, 3603 & 3605 High Street, Portsmouth, VA 23707

701 Court St, Portsmouth, VA 23704

1124 London Boulevard, Portsmouth, VA 23704

4000-4016 Victory Blvd, Portsmouth, VA 23701

211-215 High Street, Portsmouth, VA 23704

2210 Portsmouth Blvd, Portsmouth, VA 23704

1503 London Blvd, Portsmouth, VA 23704

3700 Turnpike Rd, Portsmouth, VA 23701

3545-3590 Towne Point Rd, Portsmouth, VA 23703

2486 Airline Blvd, Portsmouth, VA 23701

3619 High Street, Portsmouth, VA 23707

400 Cumberland Ave, Portsmouth, VA 23707

1220 High St, Portsmouth, VA 23704

4211 Portsmouth Blvd, Portsmouth, VA 23704

3600 George Washington Highway, Portsmouth, VA 23704

3274 Academy Ave, Portsmouth, VA 23703

114 Chowan Dr, Portsmouth, VA 23701

326 High St, Portsmouth, VA 23704

1609 High St, Portsmouth, VA 23704

Off-Market Properties in Portsmouth, VA

326 High St, Portsmouth, VA 23704-3707

316 High St, Portsmouth, VA 23704-3707

Portsmouth, VA Retail Properties & Spaces Market Trends and Statistics

Top Commercial Asset Segments

Demographics Overview

High-Yield Neighborhoods for Investment

Taxes & Financing

Listings Trend

Total CRE Inventory on Market (SF)

Average Property Price per SF

Retail

Property Size Breakdown

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