1634 London BlvdPortsmouth, VA 23704

This exceptional commercial property, located at 1634 London Boulevard in Portsmouth, Virginia, presents a unique investment opportunity. The 21,423 square foot all-brick office building, constructed in 1972 and extensively remodeled in 2004, sits on a generous 3.5-acre lot adjacent to a tidal creek. The property boasts ample parking with 96 spaces, including 4 designated handicap spaces. The building itself features 46 individual offices, three spacious conference areas, and four bathrooms. Currently leased until December 31, 2024, the tenant has expressed interest in leasing half the building for a further five-year term commencing January 1, 2025. This provides immediate income potential and long-term lease security. The property is strategically located outside of any designated flood zone, offering peace of mind to investors. While adjacent land is within a flood plain, the main building itself is unaffected. This prime location, combined with the substantial size and existing lease, makes this a highly attractive investment opportunity in the thriving Portsmouth market. The property's significant features, including its size, location, and existing lease, make it an ideal investment for discerning buyers.