19

430 HIGH ST Portsmouth, VA 23704

$1,250,000

Bedrooms

Total Baths

Full Baths

24,827

Square Feet

0.25

Acres

1941

Year Built

Active

Status

MLS#

10405795

Listed By Kris Weaver
Atlantic Sothebys Int'l Realty

This property is a rare opportunity to own and redevelop a historic mixed use building in Oldetown Portsmouth. This true diamond in the rough could be brought back to life with the right vision. There currently are 8 fully occupied apartments on the third floor, rental income is $6,600/mo. Three 1-bedroom, and five 2-bedroom recently renovated and under rental value. The first and 2nd floor was once a dinner theater, and has a city tax credit for keeping high ceiling height, but could be converted into additional apartments. There are several offices, bathrooms, and kitchen space. Elevator is maintained and inspected regularly. The possibilities are endless. Showings are available by appointment only, agent must be present. Please Do Not Disturb Tenants. Sold as-is, where-is.

Details


Interior
Flooring
Carpet, Concrete, Vinyl
Living Area
24,827 SqFt.

Building And Construction
Property Sub Type
Commercial
Property Type
Commercial
Year Built
1941

Exterior And Lot
Lot Size Acres
0.25
Lot Size Square Feet
10890
Zoning
T5

Utilities
Cooling
Central Air
Heating
Gas

Area And Schools
City
Portsmouth
County Or Parish
Portsmouth Va
Subdivision Name
Olde Towne - 119

Financial Info
Tax Annual Amount
$8,930.00

Additional Info
Status Detail
New Listing

Listing By Atlantic Sothebys Int'l Realty

MLS# 10405795

Data Last Updated 5:18PM - 10/20/2021

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