2601 Columbus Avenue
Portsmouth, VA 23704

Description

In case you haven't heard, the dilapidated Lincoln Park apartment complex across the street from this property will be demolished and totally redeveloped as 144 townhome style apartments known as Lexington Place. Construction of phase 1 is expected to begin in the spring of 2019 with subsequent phases to follow. This is a unique opportunity to acquire well located retail property for a convenience store which will benefit from the construction workers and the new tenants of Lexington Place upon its completion. Existing store is 1250 SF according to tax records and includes nine parking spaces. Kitchen and store FF&E included as-is, where-is. Available for lease or purchase.

Details

MLS#10240463
StyleRetail
TypeCommercial/Industrial
StatusActive
Year1961
Days On Site131

Features

SQ Feet1,250
Story(s)0
ZoningGMU

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Area Information

StateVA
CityPortsmouth
Zip Code23704
Area21 - Central Portsmouth
Listing VS Median (in 23704)
Price:
$250,000
low | high
Med:
$140,450
93.82% of Average
SqFt:
1,250
low | high
Med:
1,287
47.04% of Average
$ / SqFt:
$200
low | high
Med:
$111
94.738585480438% of Average
On Site:
131
low | high
Med:
73
100% of Average
Listing Updated: 06/21/2019
MLS Number: 10240463
Listing Provided By:
Chris Burnett  of  Denton Realty Company
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