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    Portsmouth, VA
    Strip Mall

    Portsmouth, VA Strip Malls for Sale

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    Chesapeake, VA Suffolk, VA Norfolk, VA Virginia Beach, VA Newport News, VA Carrollton, VA
    Leased Retail Strip Center
    Updated: Mar 6
    Leased Retail Strip Center

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

    $1,085,000
    5,043 sqft 0.44 AC lot
    100% leased retail center providing immediate income.
    Strategic location on highly trafficked High Street (24,000 vehicles per day) at a signalized corner.
    Proximity to I‑264 and national retailers.
    Diverse tenant mix including a restaurant, tobacco/vape shop, and a long‑standing cleaner.
    Pylon signage for maximum exposure along High Street.
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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 5 Potential Opportunities for your consideration. Besides 1 Active listings in Portsmouth, VA, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

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

    Retail Center on Route 13
    Retail Center on Route 13

    809 S. Salisbury Boulevard, Salisbury, MD 21801

    Contact for pricing
    84,523 sqft

    Well-maintained shopping center with high visibility and easy access.

    View details
    Neighborhood Strip Retail Center
    Neighborhood Strip Retail Center

    2501 W Mercury Blvd, Hampton, VA 23666

    Contact for pricing
    17,008 sqft

    Renovated neighborhood strip center with 12 retail spaces and direct access via multiple curb cuts.

    View details
    151,712 SF Salisbury Shopping Center
    151,712 SF Salisbury Shopping Center

    258 Tilghman Road, Salisbury, MD 21801

    Contact for pricing

    151,712 SF shopping center on U.S. Route 50.

    View details
    Fully Leased Retail Strip Center
    Fully Leased Retail Strip Center

    4200 Kilgore Ave, Hampton, VA 23666

    Contact for pricing

    Positioned at a town center entrance with direct access and dedicated surface parking.

    View details

    Portsmouth, VA Strip Malls Market Trends and Statistics

    Explore 1 strip malls for sale in Portsmouth, VA on our real estate platform. These investment opportunities span a total of 5,043 square feet of properties for sale, with an estimated market value of $1,085,000.

    Sale prices for retail strips in Portsmouth, VA average $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

    Shopping centers 9
    Storefront properties 9
    Automotive properties 7
    Auto shops 4
    Grocery and convenience stores 3

    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
    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)

    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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    Popular Searches in Portsmouth, VA

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    Most Searched ZIP Codes in Portsmouth, VA

    • 23707

    Featured Portsmouth Real Estate Agencies

    Realmo connects you with licensed Portsmouth CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    BPRE
    739 High Street, Suite 104 Portsmouth, VA 23707
    Phone: 17575532536
    www.bpreal.estate

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