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827 Douglas Ave 126,000 SF 12% Leased Industrial Building Portsmouth, VA 23707 For Sale
Investment Highlights
- Scale & Flexibility: 126,000 SF of industrial & flex space with adaptable layout — ideal for multi-tenant leasing or owner-occupied operations.
- Defense Ecosystem: Steps from Norfolk Naval Shipyard & major govt contracting facilities — perfectly positioned for defense & federal operators.
- Port-Adjacent Location: Minutes from Portsmouth Marine Terminal & Port of Virginia, with direct I-264 & I-664 access for seamless distribution.
Executive Summary
827 Douglas Ave | Portsmouth, VA 23707
Industrial & Flex Warehouse | 126,000 SF | For Lease & For Sale
Rarely does an industrial opportunity of this scale and strategic positioning come to market in Hampton Roads. Located in the heart of Portsmouth's most active industrial corridor, 827 Douglas Avenue offers 126,000 square feet of flexible warehouse and flex space built for serious operators and investors.
Originally constructed in 1910, this single-story campus carries the bones of a century-old industrial workhorse — expansive open floor plates, multi-tenant capable configurations, and the kind of adaptable layout that supports everything from light manufacturing and fulfillment to distribution and maritime operations.
The location is the story. You're minutes from Portsmouth Marine Terminal and the Port of Virginia, one of the busiest cargo gateways on the Eastern Seaboard. Immediate access to I-264 and I-664 puts the entire Hampton Roads region within reach, while proximity to Norfolk Naval Shipyard opens the door to defense and government contracting opportunities that few addresses in Virginia can match.
Whether you're an owner-user looking to establish an operational headquarters, an investor seeking value-add returns in an undersupplied market, or a logistics operator who needs port-adjacent scale, 827 Douglas Avenue delivers.
Lease: $8/SF/YR | Sale: Call for pricing
Contact: Brett Pyka | Supreme Real Estate Group | 757-995-8455 | brett@thesreg.com
Industrial & Flex Warehouse | 126,000 SF | For Lease & For Sale
Rarely does an industrial opportunity of this scale and strategic positioning come to market in Hampton Roads. Located in the heart of Portsmouth's most active industrial corridor, 827 Douglas Avenue offers 126,000 square feet of flexible warehouse and flex space built for serious operators and investors.
Originally constructed in 1910, this single-story campus carries the bones of a century-old industrial workhorse — expansive open floor plates, multi-tenant capable configurations, and the kind of adaptable layout that supports everything from light manufacturing and fulfillment to distribution and maritime operations.
The location is the story. You're minutes from Portsmouth Marine Terminal and the Port of Virginia, one of the busiest cargo gateways on the Eastern Seaboard. Immediate access to I-264 and I-664 puts the entire Hampton Roads region within reach, while proximity to Norfolk Naval Shipyard opens the door to defense and government contracting opportunities that few addresses in Virginia can match.
Whether you're an owner-user looking to establish an operational headquarters, an investor seeking value-add returns in an undersupplied market, or a logistics operator who needs port-adjacent scale, 827 Douglas Avenue delivers.
Lease: $8/SF/YR | Sale: Call for pricing
Contact: Brett Pyka | Supreme Real Estate Group | 757-995-8455 | brett@thesreg.com
Financial Summary (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
Amenities
- Conferencing Facility
- Fenced Lot
- Property Manager on Site
- Security System
- Skylights
- Storage Space
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Blue Ridge
- Wholesaler
-
99,999 SF
-
$9.99
-
Lorem Ipsum
-
Jan 0000
-
- Construction
- -
-
$9.99
-
Lorem Ipsum
-
Jan 0000
- Stewart Moving
- Transportation and Warehousing
-
99,999 SF
-
$9.99
-
Lorem Ipsum
-
Jan 0000
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Blue Ridge | Wholesaler | 99,999 SF | $9.99 | Lorem Ipsum | Jan 0000 | |
|
|
Construction | - | $9.99 | Lorem Ipsum | Jan 0000 | |
| Stewart Moving | Transportation and Warehousing | 99,999 SF | $9.99 | Lorem Ipsum | Jan 0000 |
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
- 1st Floor
- 94,000 SF
- Industrial
- -
- Now
This property offers: - Two (2) truck bays providing efficient loading/unloading - Expansive open warehouse layout suitable for a variety of industrial uses - High ceilings and wide column spacing for versatile workflow - Large paved yard/parking area for vehicle maneuvering and storage - Easy access to major transportation corridors, including I-264, the Portsmouth Marine Terminal, and surrounding port infrastructure
| Space | Size | Space Use | Build-Out | Available |
| 1st Floor | 94,000 SF | Industrial | - | Now |
| 1st Fl - 4 | 15,000 SF | Industrial | Full Build-Out | Now |
1st Floor
| Size |
| 94,000 SF |
| Space Use |
| Industrial |
| Build-Out |
| - |
| Available |
| Now |
1st Fl - 4
| Size |
| 15,000 SF |
| Space Use |
| Industrial |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
1st Fl - 4
| Size | 15,000 SF |
| Space Use | Industrial |
| Build-Out | Full Build-Out |
| Available | Now |
This property offers: - Two (2) truck bays providing efficient loading/unloading - Expansive open warehouse layout suitable for a variety of industrial uses - High ceilings and wide column spacing for versatile workflow - Large paved yard/parking area for vehicle maneuvering and storage - Easy access to major transportation corridors, including I-264, the Portsmouth Marine Terminal, and surrounding port infrastructure
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Fairly walkable
50/100
Exceptionally drivable
90/100
Limited public transit
20/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 0164-0190 | Improvements Assessment | $6,231,502 |
| Land Assessment | $700,530 | Total Assessment | $6,932,032 |
Property Taxes
Parcel Number
0164-0190
Land Assessment
$700,530
Improvements Assessment
$6,231,502
Total Assessment
$6,932,032
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Contact the Sale Advisor
827 Douglas Ave