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441 Washington St
Portsmouth, VA 23704
Cambridge Hall · Office Property For Sale
Investment Highlights
- Historic two-story building with ±6,504 SF of office space.
- Located within Portsmouth’s Olde Towne district, a walkable neighborhood rich in retail and dining amenities.
- Excellent access to Downtown Norfolk, the Elizabeth River waterfront, and I-264 for regional connectivity.
- Situated on a 0.139-acre parcel with 16 dedicated surface parking spaces.
- Zoned HLB, permitting a range of professional and business uses.
- Walking distance to cultural and civic landmarks, including the Children’s Museum and waterfront parks.
Executive Summary
Positioned in the heart of Olde Towne Portsmouth, this freestanding office building offers a unique opportunity to acquire an architecturally distinctive property with historic charm. Encompassing approximately 6,504 square feet on a 0.139-acre parcel, the building combines classic design elements with functional office layouts, creating a distinguished business environment.
The property benefits from 16 surface parking spaces—an exceptional amenity in an urban historic district—while its walkable setting provides easy access to restaurants, retail, and cultural destinations. Ownership will enjoy proximity to Portsmouth’s waterfront attractions, major thoroughfares, and the downtown Norfolk business hub via nearby bridges and the I-264 interchange. Zoned HLB (Historic Limited Business), the building suits professional firms, creative agencies, and specialty users seeking a standout location in a thriving district.
This asset represents a compelling acquisition for owner-users or investors focused on a revitalized, amenity-rich area supported by strong regional infrastructure and economic stability.
The property benefits from 16 surface parking spaces—an exceptional amenity in an urban historic district—while its walkable setting provides easy access to restaurants, retail, and cultural destinations. Ownership will enjoy proximity to Portsmouth’s waterfront attractions, major thoroughfares, and the downtown Norfolk business hub via nearby bridges and the I-264 interchange. Zoned HLB (Historic Limited Business), the building suits professional firms, creative agencies, and specialty users seeking a standout location in a thriving district.
This asset represents a compelling acquisition for owner-users or investors focused on a revitalized, amenity-rich area supported by strong regional infrastructure and economic stability.
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Office/Residential
Building Size
6,054 SF
Building Class
C
Year Built/Renovated
1891/2006
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
3,027 SF
Building FAR
0.99
Lot Size
0.14 AC
Zoning
Historic Limited Office
Parking
16 Spaces (2.64 Spaces per 1,000 SF Leased)
Property Taxes
| Parcel Number | 0012-0841 | Improvements Assessment | $556,770 |
| Land Assessment | $148,100 | Total Assessment | $704,870 |
Property Taxes
Parcel Number
0012-0841
Land Assessment
$148,100
Improvements Assessment
$556,770
Total Assessment
$704,870
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