441 Washington St - Office/Residential FOR SALE


Portsmouth, VA 23704- Old Towne Portsmouth
$799,000 USD
757-490-3300
441 Washington St, Portsmouth, VA for Sale
$799,000 USD
Office/Residential - FOR SALE
1/54
null | Request Cap Rate

441 Washington St
Portsmouth, VA 23704
Old Towne Portsmouth


HIGHLIGHTS

  • Historic two-story building with ±6,504 SF of office space.
  • Situated on a 0.139-acre parcel with 16 dedicated surface parking spaces.
  • Located within Portsmouth’s Olde Towne district, a walkable neighborhood rich in retail and dining amenities.
  • Zoned HLB, permitting a range of professional and business uses.
  • Excellent access to Downtown Norfolk, the Elizabeth River waterfront, and I-264 for regional connectivity.
  • Walking distance to cultural and civic landmarks, including the Children’s Museum and waterfront parks.

OVERVIEW

Positioned in the heart of Olde Towne Portsmouth, this freestanding office building offers a unique opportunity to acquire an architecturally distinctive property with historic charm. Encompassing approximately 6,504 square feet on a 0.139-acre parcel, the building combines classic design elements with functional office layouts, creating a distinguished business environment. The property benefits from 16 surface parking spaces—an exceptional amenity in an urban historic district—while its walkable setting provides easy access to restaurants, retail, and cultural destinations. Ownership will enjoy proximity to Portsmouth’s waterfront attractions, major thoroughfares, and the downtown Norfolk business hub via nearby bridges and the I-264 interchange. Zoned HLB (Historic Limited Business), the building suits professional firms, creative agencies, and specialty users seeking a standout location in a thriving district. This asset represents a compelling acquisition for owner-users or investors focused on a revitalized, amenity-rich area supported by strong regional infrastructure and economic stability.

FOR SALE DETAILS

PRICE

$799,000 USD

PRICE/SF

$123 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Cambridge Hall

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1891

SPRINKLERS

-

PARKING SPACES

16

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,098 SF

ZONING

Historic Limited Office

APN/PARCEL ID

0012-0841

ASK ABOUT THIS PROPERTY

Donald CriggerCBRE, Inc.More Info
757-490-3300

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

Donald CriggerCBRE, Inc.More Info
757-490-3300

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