Portsmouth, VA Retail Properties & Spaces for Sale

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19 properties

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Updated: Apr 24

Gas Station and Convenience Store

2910 Victory Boulevard, Portsmouth, VA 23702

$790,000

1,600 sqft 0.35 AC lot

Well‑established gas station and convenience store business, fully operational and open daily
Approx. 20,000 average vehicles per day reported for the area
Located about 1 mile from Rivers Casino
Central air cooling and heat pump heating
Year built: 1952

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Updated: Feb 27

Income-Producing Commercial Property Near Casino

2498 Airline Boulevard, Portsmouth, VA 23701

$1,100,000

1,827 sqft 0.52 AC lot

High‑visibility location at a busy intersection.
Income‑producing commercial property.
Minutes from Rivers Casino Portsmouth.
Extensively updated in 2024.
Two new HVAC systems.

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Turnkey Salon Suites Business

3276 Academy Avenue, Portsmouth, VA 23703

$105,000

2,700 sqft

Established 2023 salon suites business operated through suite rentals; business only sale with no real estate included.

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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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Portsmouth Auto Repair Business

3700 Turnpike Road, Portsmouth, VA 23701

$695,000

2,984 sqft 0.25 AC lot

Automobile repair business for sale near Walmart in Midtown Portsmouth.

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Retail Space For Sale

1124 London Boulevard, Portsmouth, VA 23704

Contact for pricing

1,100 sqft 3.48 AC lot

Retail space with equipment included, lease terms negotiable.

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Historic Retail Building for Redevelopment

211-215 High Street, Portsmouth, VA 23704

$2,535,000

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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Office Building with Fenced Yard

3400 Airline Boulevard, Portsmouth, VA 23701

$639,000

3,648 sqft

Fenced parking and yard support practical on-site storage and parking for an owner-operator or small business.

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Retail

3700 Turnpike Rd, Portsmouth, VA 23701

$750,000

2,625 sqft

Auto shops · 2,625 SF

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Auto Service Facility For Sale

2012 High St, Portsmouth, VA

Contact for pricing

7,323 sqft 0.37 AC lot

7,323 SF auto service facility with 6 bays.

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Retail Space Near Rivers Casino

2830 Airline Blvd, Portsmouth, VA

$750,000

1,200 sqft 2.29 AC lot

Retail property near new casino and entertainment district for rent.

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Retail Space Near Rivers Casino

2830-2886 Airline Blvd, Portsmouth, VA

$7,900,000

4,018 sqft 11.15 AC lot

Retail property near new casino and entertainment district for rent.

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Retail Strip with Income Potential

1511-1527 Rodman Ave, Portsmouth, VA

$800,000

8,506 sqft 0.75 AC lot

Retail strip with parking, near shopping, income potential.

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Retail Building Car Sales Lot

4301 Portsmouth Blvd, Portsmouth, VA 23701

$399,000

Retail building currently used as a car sales lot.

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Former Restaurant with Hood System

1505 Airline Blvd, Portsmouth, VA

$600,000

3,317 sqft 0.20 AC lot

Iconic restaurant property available for sale near Old Towne.

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Retail Space For Sale

1220 High St, Portsmouth, VA 23704

Contact for pricing

1,886 sqft

Retail space available for purchase.

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Retail Property For Sale

114 Chowan Dr, Portsmouth, VA 23701

$1,250,000

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

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High-Traffic Car Wash Opportunity

3600 George Washington Hwy, Portsmouth, VA 23704

$445,000

0.95 AC lot

Car, truck, and dog wash on high-traffic corner lot.

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Commercial Land Zoned NMU

1609 High St, Portsmouth, VA 23704

Contact for pricing

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 19 Active Listings in Portsmouth, VA, we suggest to view alternatives - similar 53 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

$1,235,000

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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DEPARTMENT STORE

825 High St, Portsmouth, VA 23704-3333

$840,000

Estimated value

9,147 sqft 0.22 AC lot

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SERVICE STATION (FULL SERVICE)

2008 Portsmouth Blvd, Portsmouth, VA 23704-6246

Value Estimation by Request

1,260 sqft 0.30 AC lot

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RETAIL STORES (PERSONAL SERVICES)

3597 Griffin St, Portsmouth, VA 23707-4022

Value Estimation by Request

1,002 sqft 0.15 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 19 active listings on our real estate platform. These investment opportunities span a total of 71,268 square feet of properties for sale, with an estimated market value of $17,749,000.

Sale prices for stores in Portsmouth, VA start at $105,000, averaging $1,479,083, and reaching up to $7,900,000 — 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
23701	$809.8K
23704	$993.3K
23707	$1.1M

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)

Property Size Breakdown

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

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