For Sale
$540,000

1000 Airline BlvdPortsmouth, VA 23707

Portsmouth, VA: Vacant Retail Building, 3911 SF

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional 3,911 square foot retail property, located at 1000 Airline Blvd in Portsmouth, Virginia (zip code 23707), presents a unique owner-user investment opportunity. The vacant building, constructed in 1981, features two stories and sits on a 0.533-acre lot with ample parking for 36 vehicles. Its previous uses include a bank, daycare, and fast-food restaurant, highlighting its versatile nature. The property boasts a prime location at a signalized intersection of Airline Blvd and Bart Street, offering excellent visibility and accessibility. With 5 points of ingress/egress, the site ensures convenient traffic flow. The high traffic counts of 15,000 vehicles per day (VPD) on Airline Blvd and 26,000 VPD on Frederick Blvd provide significant exposure. The flexible GMU zoning allows for a wide range of commercial uses, including professional offices and institutions, and a broad range of light and moderate intensity commercial activities. The asking price is $540,000, translating to $138.07 per square foot. A large pylon sign and a drive-thru further enhance the property's appeal. Its proximity to other retail amenities and easy interstate access makes this a highly desirable location for a variety of businesses.

Highlights

  • Ample parking with approximately 36 spaces on a large lot.
  • High-visibility location at a signalized intersection with a prominent pylon sign and drive-thru access.
  • Excellent accessibility with five points of ingress/egress.
  • High traffic counts: 15,000 VPD on Airline Blvd. and 26,000 VPD on Frederick Blvd.
  • Convenient location near retail amenities and interstate access.
  • Flexible zoning accommodating diverse professional, institutional, and light to moderate commercial uses.

Property Details for 1000 Airline Blvd

Property type
Day care centers & nurseries, Retail properties
Square Feet
3,911 SF
Year Built
1981
Buildings
1
Stories
2
Lot Size (sq. ft)
23,217 SF

Location Insight

City
Portsmouth
County
Portsmouth City
State
Virginia
Latitude
36.830572120246
Longitude
-76.343486300376
1000 Airline Blvd, Portsmouth, Virginia

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1000 Airline Blvd
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