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757 Broad St
Portsmouth, VA 23707
Office Property For Sale
INVESTMENT HIGHLIGHTS
- Zoned IL, ideal for office use supporting industrial or distribution operations.
- Recently renovated interior with efficient layout for small businesses.
- Quick access to Downtown Portsmouth, MLK Expressway, and Midtown Tunnel.
EXECUTIVE SUMMARY
The property features a manageable footprint with an efficient layout, combining historic architectural character with a recently renovated interior. Its location provides quick access to Downtown Portsmouth, the MLK Expressway, and the Midtown Tunnel, ensuring excellent connectivity to the greater Hampton Roads region, including Norfolk and Chesapeake. The surrounding area benefits from a strong employment base, proximity to the Port of Virginia, and a robust transportation network, making it a strategic choice for businesses serving the region.
With its blend of historic charm, modern updates, and prime accessibility, this property represents a rare opportunity to own a distinctive office building in a growing market. Ideal for businesses looking to establish a long-term presence in Portsmouth, this asset offers both functional space and investment value.
With its blend of historic charm, modern updates, and prime accessibility, this property represents a rare opportunity to own a distinctive office building in a growing market. Ideal for businesses looking to establish a long-term presence in Portsmouth, this asset offers both functional space and investment value.
PROPERTY FACTS
Sale Type
Owner User
Property Type
Office
Building Size
2,352 SF
Building Class
C
Year Built
1850
Price
$263,829 CAD
Price Per SF
$112.17 CAD
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
1,205 SF
Slab To Slab
11’
Building FAR
0.42
Lot Size
0.13 AC
Opportunity Zone
Yes
Zoning
I-L
Parking
5 Spaces (2.12 Spaces per 1,000 SF Leased)
PROPERTY TAXES
| Parcel Number | 0128-0160 | Improvements Assessment | $248,733 CAD |
| Land Assessment | $33,053 CAD | Total Assessment | $281,785 CAD |
PROPERTY TAXES
Parcel Number
0128-0160
Land Assessment
$33,053 CAD
Improvements Assessment
$248,733 CAD
Total Assessment
$281,785 CAD
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