Active

430 High ST

Portsmouth VA, 23704

$750,000


$30.21 per sqft

Active

24,827 sqft

Commercial

Built in 1941

This property is a rare opportunity to own and redevelop a historic mixed use building in the hearth of Olde Towne Portsmouth. There are currently are 8 fully occupied apartments on the third floor, rental income $7,000/mo. Three 1 bedroom and five 2 bedroom apartments. Lots of upside potential with the first and second floor commercial space, former theater space is currently vacant and blank canvas to redesign into a number of uses. 48 hours notice to show commercial space, listing agent must accompany showing. Proof of funds required prior to scheduled showing. Occupied units available to show only with due diligence. Sold strictly in As-Is condition, Seller to make no repairs. Newer sprinkler throughout property, back street tenant staircase recently refurnished. Please Do Not Disturb Tenants.

10565204

MLS ID

January 6, 2025

Listed

January 15, 2025

Updated

Map

430 High ST
Portsmouth VA, 23704

Interior Features

Interior Features

Elevator


Floor Description

Carpet, Concrete


Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

No

Exterior/Building Features

Lot Size

0.25 Acres


Roof

Asphalt


Sewer

Public Sewer

Other Property Details

Taxes

$8,449


Tax Frequency

Annually


Garage

No


Parking

On Street


View

No


County

Portsmouth


Water Source

Public


Pool

No


Zoning

T5

 

Courtesy of Atlantic Sothebys Int'l Realty

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