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Executive Summary

Excellent investment opportunity. lease convey at settlement. 2-story landmark professional condominium offers a unique Class B office space conveniently located in the Portsmouth Central Business District. Unit 206 has 7-8 private offices, a reception area, conference and/or meeting rooms, two unisex private restrooms, breakroom area, heating and cooling, and large windows. Building amenities include the 4-passenger elevator, nearby City transit, landscape and exterior maintenance, and owners' association manger. Use types medical, office or other businesses. Starbucks, WAWA, highrise condominiums, Rivers Casino and other development activities all around, check the EDA Portsmouth webpage for details. Easy access to I-264, Naval Medical Center, Park & Ride center, restaurants, marina and Norfolk across the Elizabeth River.

2 Units Available

  • Unit
  • Unit Size
  • Condo Use
  • Price
  • NOI
  • Unit 101
  • 1,493 SF
  • Office
  • $350,000 ($234.43/SF)
  • -
Sale Type Investment or Owner User
  • Unit 206
  • 1,508 SF
  • Office/Medical
  • $295,500 ($195.95/SF)
  • -
Sale Type Investment or Owner User
No. Parking Spaces 50
APN/Parcel ID 0032-1720
Description
Excellent investment opportunity. lease convey at settlement. 2-story landmark professional condominium offers a unique Class B office space conveniently located in the Portsmouth Central Business District. Unit 206 has 7-8 private offices, a reception area, conference and/or meeting rooms, two unisex private restrooms, breakroom area, heating and cooling, and large windows. Building amenities include the 4-passenger elevator, nearby City transit, landscape and exterior maintenance, and owners' association manger. Use types medical, office or other businesses. Starbucks, WAWA, highrise condominiums, Rivers Casino and other development activities all around, check the EDA Portsmouth webpage for details. Easy access to I-264, Naval Medical Center, Park & Ride center, restaurants, marina and Norfolk across the Elizabeth River.
Unit Unit Size Condo Use Price NOI
Unit 101 1,493 SF Office $350,000 ($234.43/SF) -
Unit 206 1,508 SF Office/Medical $295,500 ($195.95/SF) -

Unit 101

Unit Size
1,493 SF
Condo Use
Office
Price
$350,000 ($234.43/SF)
NOI
-

Unit 206

Unit Size
1,508 SF
Condo Use
Office/Medical
Price
$295,500 ($195.95/SF)
NOI
-

Unit 101

Unit Size 1,493 SF
Condo Use Office
Price $350,000 ($234.43/SF)
NOI -
Sale Type Investment or Owner User

Unit 206

Unit Size 1,508 SF
Condo Use Office/Medical
Price $295,500 ($195.95/SF)
NOI -
Sale Type Investment or Owner User
No. Parking Spaces 50
APN/Parcel ID 0032-1720
Description
Excellent investment opportunity. lease convey at settlement. 2-story landmark professional condominium offers a unique Class B office space conveniently located in the Portsmouth Central Business District. Unit 206 has 7-8 private offices, a reception area, conference and/or meeting rooms, two unisex private restrooms, breakroom area, heating and cooling, and large windows. Building amenities include the 4-passenger elevator, nearby City transit, landscape and exterior maintenance, and owners&#39; association manger. Use types medical, office or other businesses. Starbucks, WAWA, highrise condominiums, Rivers Casino and other development activities all around, check the EDA Portsmouth webpage for details. Easy access to I-264, Naval Medical Center, Park &amp; Ride center, restaurants, marina and Norfolk across the Elizabeth River.</li></ul>

Property Facts

The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
Total Building Size 15,000 SF
Property Type Office
Property Subtype
Medical
  • OfficeLoft Creative Space
Building Class B
Floors 2
Typical Floor Size 1,500 SF
Year Built 1991
Lot Size 1.28 AC
Parking Ratio 2.66/1,000 SF
Zoning GMU - General Medical Use or Office for ONE UNIT within this building, located on the 2nd floor

Amenities

  • Bus Line
  • Signage
Moderately walkable
60/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
40/100
  • Listing ID: 26847265

  • Date on Market: 11/29/2023

  • Last Updated:

  • Address: 301 Goode Way, Portsmouth, VA 23704

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