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440 Chestnut St 2,644 SF Retail Building Portsmouth, VA 23704 $1,200,000 ($453.86/SF)
EXECUTIVE SUMMARY
The property features a freestanding building encompassing 2,648 square feet, complete with a convenient drive-thru, situated on a 0.80 acre lot. Its prime location offers close proximity to London Boulevard and Interstate 264, ensuring easy access. Additionally, the site boasts excellent visibility, making it an attractive option for businesses.
PROPERTY FACTS Under Contract
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,644 SF
Building Class
C
Year Built
2002
Price
$1,200,000
Price Per SF
$453.86
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
0.80 AC
Zoning
D-2
Frontage
AMENITIES
- Bus Line
- Pylon Sign
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- POSITION
- AVAILABLE
Formerly a KFC, the 2,644-square-foot building includes an existing drive-thru, making it ideal for QSR, fast casual, or medical/retail conversion. The property sits on a 0.8-acre lot with 29 surface parking spaces, ensuring convenience for customers and operational efficiency.
| Space | Size | Space Use | Position | Available |
| 1st Floor | 2,644 SF | Restaurant | Outparcel | Now |
1st Floor
| Size |
| 2,644 SF |
| Space Use |
| Restaurant |
| Position |
| Outparcel |
| Available |
| Now |
1st Floor
| Size | 2,644 SF |
| Space Use | Restaurant |
| Position | Outparcel |
| Available | Now |
Formerly a KFC, the 2,644-square-foot building includes an existing drive-thru, making it ideal for QSR, fast casual, or medical/retail conversion. The property sits on a 0.8-acre lot with 29 surface parking spaces, ensuring convenience for customers and operational efficiency.
Walk Score®
Very Walkable (88)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 0024-1120 | Improvements Assessment | $265,380 |
| Land Assessment | $768,230 | Total Assessment | $1,033,610 |
PROPERTY TAXES
Parcel Number
0024-1120
Land Assessment
$768,230
Improvements Assessment
$265,380
Total Assessment
$1,033,610
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440 Chestnut St
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