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    Multi-Level Office/School Building
    Updated: Apr 11
    Multi-Level Office/School Building

    401 Broad St, Portsmouth, VA 23707

    Contact for pricing
    38,359 sqft 1.29 AC lot
    38,359 SF multi‑level building with elevator access to three levels
    Includes 0.644 acres plus an additional 0.644‑acre parking lot with 66 spaces
    Built for institutional use with full commercial kitchen and large cafeteria
    Additional spaces include two assembly halls and numerous individual offices/classrooms
    Mechanical systems reported in good working order; partial HVAC replacement completed in 2019
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Portsmouth, VA, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 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.

    Institutional Educational Facility
    Institutional Educational Facility

    A-2054 Neenah Rd, Montross, VA 22520

    $500,000
    10,044 sqft 5.39 AC lot

    Fully operational institutional building with classrooms, nursery space, and multipurpose learning areas on a secured campus.

    View details
    Institutional Educational Facility
    Institutional Educational Facility

    2054 NEENAH Road, Montross, VA 22520

    $500,000
    5.40 AC lot

    Operational educational facility with classrooms, nursery space, multipurpose learning areas, athletic fields, and on-site parking.

    View details
    Single-Tenant Office Building
    Single-Tenant Office Building

    6300 Center Drive, Norfolk, VA 23502

    Contact for pricing
    26,111 sqft

    Fee-simple interest in a single-tenant office building leased to Fortis College under a long-term lease.

    View details
    Religious and Educational Facility
    Religious and Educational Facility

    414 S Battlefield Blvd, Chesapeake, VA 23322

    Contact for pricing

    Commercial property suited for church, school, or educational facility use, located off Battlefield Boulevard.

    View details

    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.

    Buildable Lots and Restored Church
    Buildable Lots and Restored Church

    22ND Street NE, Washington, DC 20018

    $2,100,000
    20,000 sqft 0.46 AC lot

    Three buildable lots plus a restored church for sale.

    View details
    Prime Commercial Land Opportunity
    Prime Commercial Land Opportunity

    212 N 35th Street, Morehead City, NC 28557

    $1,900,000
    1.76 AC lot

    Commercial land for sale in Morehead City, North Carolina.

    View details
    Moneta, VA Commercial Land
    Moneta, VA Commercial Land

    Altice Rd, Moneta, VA 24121

    $150,000
    2.21 AC lot

    Commercial property in a growing community with many potential uses.

    View details
    Agricultural Land with Two Homes
    Agricultural Land with Two Homes

    2956 FRAZER ROAD, Newark, DE 19702

    $896,900

    Mostly level farmland includes two existing single-family homes, barns, and outbuildings with public water and private sewer.

    View details

    Portsmouth, VA Schools Market Trends and Statistics

    Explore 1 schools for sale in Portsmouth, VA on our real estate platform. These investment opportunities span a total of 38,359 square feet of properties for sale.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    NNN properties 3
    Churches & religious facilities 1
    Day care centers 1
    Schools 1

    Demographics Overview

    Population 97K
    Population Growth (5Y) -6.7%
    Median Household Income $59,342
    College Educated 29.1%

    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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