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26857093
26857094

703 Airline Blvd, Portsmouth, VA 23707

JG
VA VA 0226007065, VA VA 0225042754 (+2)
Mid Atlantic Commercial
Listed by Mid Atlantic Commercial
$699,000
270 days on market
Updated 5 days ago

701 & 703 Airline Blvd

Details
Property Type Retail
Sub Type Storefront
Square Footage 7,022
Acreage 0.650

Retail | 7,022 SqFt

Marketing description

Below market rents with long term investment upside

  • For sale below assessed value

  • High traffic location

  • Two connected properties: 4,098 and 2,924 square feet

    • 701 has 0.2 acres and 703 has 0.45 acres

  • Total of 7,022 square feet on 0.65 acres

  • Current City assessment of $763,490.00

  • Tidewater Sew Vac just renewed their lease for an additional 5 year term

  • Current lease has gross rent fixed for the full term

  • Landlord pays taxes, insurance and maintenance

Listing Contacts

JG
VA VA 0226007065, VA VA 0225042754 (+2)
Mid Atlantic Commercial
Listed by Mid Atlantic Commercial

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Additional Information

Name
Jonathan Guion
License
VA 0226007065
Brokerage Phone
757-867-8777
Brokerage Address
110 Mid Atlantic Place
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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