1820 Elm Ave
Portsmouth, VA 23704
Retail Property For Sale

Auction: Improved 12,268+/- sf Commercial Building, Portsmouth, VA Improved 12,268+/- sf Commercial Building on Main Road in Portsmouth, VA. Tax assessed for $579,590 with a Suggested Opening Bid of $175,000. Located within one mile of Interstate I-264 near the eastern part of central Portsmouth and approxiamately one mile southwest of the Downtown Business District. This building sits on a 30,056+/- sf site and perfect uses can include retail, storage or service. Building has had many updates totaling $434,675. See detailed list of improvements in property information packet. Complete the property to suit your needs! All new exterior brick, doors, windows, electrical and much more making this the perfect buy for you. Zoned Neighborhood Mixed Use (NMU) which includes personal service uses, restaurants and retail. See detailed zoning in property information packet. Close to proposed Waterfront Improvements by developer Armada Hoffler. Plans are to reshape/invigorate Downtown Portsmouth by developing the city's waterfront and make a new city hall building which makes this a great investment. Please see Property FX1931 on our website for more information. Tranzon Fox, VAAF423