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Portfolio of 3 retail assets

3 Retail Properties Offered at $1,800,000 in Portsmouth, VA

Retail Space Virginia Portsmouth Portfolio of 3 retail assets

Investment Highlights

  • Value add opportunity near Portsmouth's premier shopping district
  • Exposure to both heavily traveled Airline Blvd and Rodman Ave
  • 2nd generation restaurant with 20' hood system in place

Executive Summary

This 3-property portfolio consists of an occupied freestanding building on a corner lot (longterm tenant on a MTM lease), former restaurant with 20' hood system in place, and a vacant retail strip center with roll-up doors in the rear. Seller will consider individual offers but prefers to sell all properties together.

Attachments

Brochure_Moseberth Properties

Property Facts

Price $1,800,000 Number of Properties 3
Price / SF $161.57 / SF Individually For Sale 0
Sale Conditions High Vacancy Property Total Building Size 11,141 SF
Sale Type Investment Total Land Area 0.95 AC
Status Active
Price $1,800,000
Price / SF $161.57 / SF
Sale Conditions High Vacancy Property
Sale Type Investment
Status Active
Number of Properties 3
Individually For Sale 0
Total Building Size 11,141 SF
Total Land Area 0.95 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
1501 Rodman Ave, Portsmouth, VA 23707 Retail 2,346 SF 1946 -
1511-1527 Rodman Ave, Portsmouth, VA 23707 Retail 5,478 SF 1987 -
1505 Airline Blvd, Portsmouth, VA 23707 Retail 3,317 SF 1941 -
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1501 Rodman Ave, Portsmouth, VA - aerial map view
(757) 270-2788

Contact

  • Listing ID: 31695986

  • Date on Market: 5/3/2024

  • Last Updated:

  • Address: Portfolio of 3 retail assets, Portsmouth, VA

Retail PROPERTIES IN NEARBY NEIGHBORHOODS

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Portfolio of 3 retail assets portfolio of 3 properties for sale on LoopNet.com Aerial- Image 1 of 8
Portfolio aerial
Portfolio of 3 retail assets portfolio of 3 properties for sale on LoopNet.com Building Photo- Image 2 of 8
1505 Airline Blvd
Portfolio of 3 retail assets portfolio of 3 properties for sale on LoopNet.com Building Photo- Image 3 of 8
1505 Airline Blvd
Portfolio of 3 retail assets portfolio of 3 properties for sale on LoopNet.com Building Photo- Image 4 of 8
1511 Rodman Ave
Portfolio of 3 retail assets portfolio of 3 properties for sale on LoopNet.com Building Photo- Image 5 of 8
1511 Rodman Ave
Portfolio of 3 retail assets portfolio of 3 properties for sale on LoopNet.com Building Photo- Image 6 of 8
1511 Rodman Ave
Portfolio of 3 retail assets portfolio of 3 properties for sale on LoopNet.com Primary Photo- Image 7 of 8
1501 Rodman Ave

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Portfolio of 3 retail assets
(757) 270-2788 x

Portfolio of 3 retail assets

Jon Elliott

(757) 270-2788

(757) 270-2788

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