3290 Airline Blvd - Flex FOR SALE


Portsmouth, VA 23701
$1,400,000 USD
757-434-4637
3290 Airline Blvd, Portsmouth, VA for Sale
$1,400,000 USD
Flex - FOR SALE
1/19
null | Request Cap Rate

3290 Airline Blvd
Portsmouth, VA 23701


HIGHLIGHTS

  • Prime location along Airline Boulevard with strong visibility and 9,895 VPD.
  • Ample on-site parking with 46 spaces and new lighting for added security
  • Zoned GMU, allowing for a variety of commercial uses in a dynamic corridor.
  • Recently upgraded systems including new roof, HVAC, and stand-by generator.
  • Flexible layout with office, shop, and warehouse components on 1.93 acres.
  • Warehouse features 16’–18’ clear height, reinforced slab, and multiple overhead doors.

OVERVIEW

This office and warehouse property at 3290 Airline Boulevard in Portsmouth, VA offers a rare opportunity for owner-users or investors seeking a versatile asset in a high-visibility corridor. Situated on 1.93 acres and zoned GMU (General Mixed Use), the property combines a 7,108 SF main building with a 2,500 SF warehouse, providing a functional mix of office and industrial space. The site benefits from recent upgrades including a new roof, HVAC system, water heater, and a stand-by generator, ensuring operational reliability. The main building features a 1,200 SF shop, four 10’ x 9’ overhead doors, and 200-amp, 3-phase electrical service, while the warehouse offers 16’–18’ clear heights, a 6” reinforced slab, and multiple motorized overhead doors for efficient loading and storage. The property includes a newly paved parking lot with 46 spaces and new lighting, enhancing convenience and security. Located along Airline Boulevard with traffic counts of 9,895 VPD, the site offers excellent exposure and accessibility to major routes including I-264, providing connectivity to the Hampton Roads region. Nearby amenities include shopping centers, Tidewater Community College, and the newly opened Rivers Casino Portsmouth, adding to the area’s economic vibrancy. With an asking price of $1,400,000, this property presents a strategic investment in a growing market.

FOR SALE DETAILS

PRICE

$1,400,000 USD

PRICE/SF

$146 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Flex

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1984

UTILITIES

-

CLEAR CEILING HT

18 Ft

DOCKS

-

DRIVE INS

6

PARKING SPACES

32

LAND DETAILS

LAND ACRES

1.93

LAND SF

84,071

ZONING

C-2

APN/PARCEL ID

0583-0040

ASK ABOUT THIS PROPERTY

Bobby Beasley IIIHarvey Lindsay Commercial Real EstateMore Info
757-434-4637

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Bobby Beasley IIIHarvey Lindsay Commercial Real EstateMore Info
757-434-4637

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.