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    Portsmouth, VA
    Strip Mall

    Portsmouth, VA Strip Malls for Sale

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    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.
    View details
    Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
    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.

    20-Suite Neighborhood Shopping Center
    20-Suite Neighborhood Shopping Center

    801 East 26th Street, Norfolk, VA 23504

    $1,750,000
    27,672 sqft

    Neighborhood retail and service tenants include a laundromat and convenience store with long-term lease commitments.

    View details
    Four-Unit Strip Mall
    Four-Unit Strip Mall

    2705 N Croatan Highway lot: : 10-16, Kill Devil Hills, NC 27948

    $1,050,000

    C-zoned commercial property beside N Croatan Highway with paved customer parking and direct highway access.

    View details
    Four-Unit Strip Mall
    Four-Unit Strip Mall

    2705 N Croatan Highway, Kill Devil Hills, NC 27948

    $1,050,000

    Commercial property beside N Croatan Highway with paved parking and convenient customer access.

    View details
    Retail Property Near Wards Corner
    Retail Property Near Wards Corner

    7635 Granby Street, Norfolk, VA 23505

    Contact for pricing
    16,200 sqft

    Fully leased retail property near Norfolk's Wards Corner district.

    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

    Storefront properties 8
    Automotive properties 6
    Shopping centers 5
    Auto shops 3
    Car washes 1

    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)

    Property Size Breakdown

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

    How Realmo verifies these figures

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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: (757) 553-2536
    www.bpreal.estate
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