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Investment Highlights

  • Located along Airline Boulevard with convenient access to I-264, I-64, and I-664.
  • Secure fenced yard and dedicated parking accommodate various business functions.
  • Surrounded by retail centers, dining, and service amenities within a high-traffic submarket.
  • Zoned GMU, supporting a range of uses including office, retail, automotive, and flex.
  • 0.77-acre parcel with prominent visibility in a busy commercial corridor.
  • Located minutes from Rivers Casino Portsmouth and other major regional destinations.

Executive Summary

This commercial property located at 3400 Airline Boulevard in Portsmouth, Virginia, presents a versatile investment opportunity within a highly accessible and growing Hampton Roads market. The parcel spans 0.77 acres with a building footprint of 3,648 square feet, situated along a well-trafficked arterial route benefitting from clear visibility. Zoning under General Mixed Use (GMU) allows for a wide range of permitted uses, including office, retail, automotive, or flexible commercial applications, offering adaptability for evolving business needs.
The property is complemented by paved, fenced parking and yard space to accommodate storage, operational vehicles, or customer parking. Interior spaces provide a functional office layout with multiple private rooms, conference space, and break areas suitable for professional or service-oriented users. Surrounding the site is a thriving mix of national retailers, restaurant chains, and service businesses, supported by strong nearby demographics and an established employment base.
Strategically positioned, the property offers quick access to major regional highways—Interstate 264, Interstate 64, and Interstate 664—connecting Portsmouth to Chesapeake, Norfolk, Newport News, and the broader Hampton Roads region. This corridor’s steady traffic volumes enhance visibility and drive-by exposure, reinforcing long-term desirability for business operators. Offered at $639,000, this asset invites owner-users and investors seeking an adaptable, well-located facility with significant value potential.

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Building Size
3,648 SF
Building Class
C
Year Built
1970
Price
$900,888 CAD
Price Per SF
$246.95 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
3,238 SF
Slab To Slab
9’
Building FAR
0.11
Lot Size
0.77 AC
Zoning
C-2 - GMU (general mixed use)
Parking
50 Spaces (10 Spaces per 1,000 SF Leased)

Amenities

  • 24 Hour Access
  • Bus Line
  • Fenced Lot
  • Security System
  • Signage
  • Air Conditioning
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100

Property Taxes

Property Taxes

Parcel Number
0584-0410
Land Assessment
$344,194 CAD
Improvements Assessment
$476,580 CAD
Total Assessment
$820,774 CAD
  • Listing ID: 40943073

  • Date on Market: 2026-06-16

  • Last Updated:

  • Address: 3400 Airline Blvd, Portsmouth, VA 23701

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