Wedding Venue

Portsmouth, VA Wedding Venues for Sale

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Historic Mixed-Use Property
Updated: Jul 9
Historic Mixed-Use Property

422 Crawford St, Portsmouth, VA 23704

$675,000
5,326 sqft
5,326 SF mixed‑use property built in 1841
24‑room layout with two full kitchens, a kitchenette, and two laundry rooms
Transferable event license; transfer required within 90 days
Updated with copper plumbing and commercial wiring
Fenced garden plus 5 on‑site parking spaces
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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.

Turn-Key Multi-Restaurant Event Facility
Turn-Key Multi-Restaurant Event Facility

235 N Mosby Ave, Littleton, NC 27850

$1,995,000
13,137 sqft 3.00 AC lot

Turn-key 13,000+ square-foot multi-restaurant and event property on 3+ acres with covered patio and commercial kitchen.

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Restaurant and Event Facility
Restaurant and Event Facility

235 N Mosby Avenue, Littleton, NC 27850

$2,295,000
13,137 sqft 3.00 AC lot

Built in 2018 with restaurant, banquet, retail, office, and outdoor dining components.

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Mixed-Use Event and Apartment Property
Mixed-Use Event and Apartment Property

136 River Street, Petersburg, VA 23803

$1,450,000
1.50 AC lot

Property package combines an established event facility, residential apartments, and additional parking in Petersburg’s River Street area.

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Mixed-Use Event and Residential Property
Mixed-Use Event and Residential Property

136 River St, Petersburg, VA 23803

$1,450,000

Property package combines an event facility, apartments, and additional parking across multiple parcels.

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Portsmouth, VA Wedding Venues Market Trends and Statistics

Explore 1 wedding venues for sale in Portsmouth, VA on our real estate platform. These investment opportunities span a total of 5,326 square feet of properties for sale, with an estimated market value of $675,000.

Sale prices for event centers in Portsmouth, VA average $675,000 — 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

NNN properties 2
Churches & religious facilities 1
Wedding venues 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
23704 $685K

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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