Suffolk, VA Retail space for sale

Updated: Mar 6

Retail/Shop Building on 1.15 Acres

1152, 1154 & 1156 Portsmouth Boulevard, Suffolk, VA 23434

$695,000

7,800 sqft 1.15 AC lot

High traffic location: 24,000 cars per day
Large 1.15 acre site with 7,800 S.F. of building space
Includes both a 6,000 S.F. retail/shop building and a 1,800 S.F. automotive shop building
Automotive shop has three 12' x 12' overhead doors
Partially paved, stabilized, and fenced yard

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This listing looks promising.

Here's a quick look at some key insights for

1152, 1154 & 1156 Portsmouth Boulevard, Suffolk, VA 23434

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Est. Cap Rate

8.9%
Above avg (5.9%)
Est. NOI

$62K
Annual
Price @ 7% Cap

$885K
Above asking

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Updated: Mar 28, 2025

Downtown Mixed-Use Retail Opportunity

120 W Washington St, Suffolk, VA

$299,000

6,800 sqft 0.09 AC lot

Prime Downtown Location: Heart of Downtown at the intersection of W. Washington and Main St.
Mixed‑Use Potential: Great Investment Opportunity for mixed use or owner occupant with potential for retail, apartments, office, restaurants, and more!
Substantial Existing Retail Space: Consists of 3,400 SF on 1st floor and 2,600 SF on 2nd floor.
Proximity to New Arts and Entertainment District: New Arts Creative District, Concert Venue, Festival Hall, and Library Square just minutes away.
City Improvement Grants: City offering improvement Grants for Business Owners.

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Retail Opportunity in Dense Corridor

2332 Pruden Blvd, Suffolk, VA

$415,000

1,800 sqft 0.69 AC lot

Retail space suitable for store, restaurant, or other retail.

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Commercial Lot with Retail Potential

2345 Pruden Blvd, Suffolk, VA 23434

$995,000

39,000 sqft

Commercial lot with structures, ideal for retail or restaurant.

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Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center

Versatile Retail and Office Space

2500 E Washington St, Suffolk, VA

$7,100,000

39,470 sqft 9.13 AC lot

Adaptable space with high ceilings, ample parking, and prime location.

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Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 5 Active listings in Suffolk, VA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads, plus 1 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

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 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 Property Near Chesapeake Square

2324 Chesapeake Sq Ring Rd, Chesapeake, VA

Contact for pricing

11,414 sqft 2.69 AC lot

Retail space adjacent to major retailers with redevelopment plans nearby.

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Chesapeake Retail Space For Sale

2324 Chesapeake Square Ring Rd, Chesapeake, VA 23321

$2,350,000

11,414 sqft

Retail space in high-traffic Chesapeake Square submarket.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Prime PUD-Zoned Land Opportunity

3229 State Road 207, Elkton, FL 32033

$1,599,000

900 sqft 2.07 AC lot

2.07 acres of PUD-zoned land in a growing corridor.

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Off-Market Properties in Suffolk, VA

Consider similar Off-Market properties in Suffolk, 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.

Individual retail properties

0 College Dr & Harbour Vw Blvd, Suffolk, VA 23435

Value Estimation by Request

212,000 sqft 55.00 AC lot

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Suffolk, VA Retail Space Market Trends and Statistics

Explore 6 retail space for sale in Suffolk, VA, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 94,870 square feet of properties for sale, with an estimated market value of $9,504,000.

Sale prices for retail space in Suffolk, VA start at $299,000, averaging $1,900,800, and reaching up to $7,100,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Neighborhood	Average Price
23434	$695K

Neighborhood

Average Price

23434

$695K