Portsmouth, VA
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    Portsmouth, VA Strip Malls for Sale

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    Chesapeake, VA Norfolk, VA Suffolk, VA
    Leased Retail Strip Center
    $1,085,000
    5,043 SF
    Leased Retail Strip Center

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

    Fully leased retail strip center in Portsmouth, Virginia.
    • 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.
    Updated: Mar 6
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    Retail Strip with Income Potential
    $800,000
    8,506 SF
    Retail Strip with Income Potential

    1511-1527 Rodman Ave, Portsmouth, VA

    Retail strip with parking, near shopping, income potential.
    • Immediate rental income from existing tenant.
    • Located near Portsmouth's premier shopping district and I‑264.
    • Large parking area.
    • Flexible demising points.
    • Rear roll‑up doors.
    Updated: Aug 16, 2024
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    Fully Leased Portsmouth Retail Center
    $1,085,000
    5,043 SF
    Fully Leased Portsmouth Retail Center

    Three-tenant retail strip center in Portsmouth's Mid-City submarket.

    3601 High St, Portsmouth, VA 23707

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    Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 3 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.

    Corner Strip Mall with Strong Visibility
    Contact for pricing
    Corner Strip Mall with Strong Visibility

    Corner retail strip mall offering excellent visibility, convenient access, and established national co-tenancy.

    507 E. Southside Plaza, Richmond, VA 23224

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    Retail Space in Anchored Center
    Contact for pricing
    1,500 SF
    Retail Space in Anchored Center

    Retail spaces available in a Fresh Market anchored shopping center.

    1505-1527 N Parham Rd, Richmond, VA

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    Commercial Parcel on E Raleigh
    $289,000
    1.50 Acres
    Commercial Parcel on E Raleigh

    1.5 acre commercial parcel zoned B-2 for sale.

    1664 E Raleigh, Rocky Mount, NC 27801

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    Commercial Parcel on E Raleigh
    $189,000
    1.00 Acre
    Commercial Parcel on E Raleigh

    One acre commercial parcel ideal for various businesses.

    1640 E Raleigh, Rocky Mount, NC 27801

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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 Commercial Land on Route 13
    $1,500,000
    19.99 Acres
    Prime Commercial Land on Route 13

    19.99± acre commercial tract on Lankford Highway.

    0 Lankford Highway, Temperanceville, VA 23442

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    Commercial Land in Littleton, NC
    $5,250,000
    121.00 Acres
    Commercial Land in Littleton, NC

    Prime commercial land for development in Lake Gaston area.

    Hwy 903 Eaton Ferry Road, Littleton, NC 27850

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    Commercial Land on E Raleigh
    $289,000
    1.50 Acres
    Commercial Land on E Raleigh

    1.5 acre commercial parcel on E Raleigh Blvd for sale.

    1664 E Raleigh Boulevard, Rocky Mount, NC 27801

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    Commercial Land on Raleigh Boulevard
    $289,000
    1.50 Acres
    Commercial Land on Raleigh Boulevard

    1.5 acre commercial parcel with road frontage for sale.

    1664 East Raleigh Boulevard, Rocky Mount, NC 27801

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    Portsmouth, VA Strip Malls Investment Opportunities Market Analysis

    Explore 3 strip malls for sale in Portsmouth, VA, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 18,592 square feet of properties for sale, with an estimated market value of $2,970,000.

    Sale prices for retail strips in Portsmouth, VA start at $800,000, averaging $990,000, 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

    Automotive properties 6
    Shopping centers 4
    Auto shops 3
    Car washes 2
    Parking lots & garages 2

    Property Size Breakdown

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

    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 median 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 sq ft
    Tax Rate vs County Average 0.09 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    Total CRE Area on Market Trend

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