Angie Clark Real Estate Team
6029 W High Street
Portsmouth, VA 23703

$3,350,000

Description

City Line Plaza is well located in the Churchland retail corridor of Portsmouth, VA within blocks national retailers such as Aldi, Walgreens, Harris Teeter, Rite Aid, Auto Zone, quick service restaurants and much more. City Line Plaza is home to a great blend of local businesses, many of which have been long term tenants. There is significant value add potential with an experienced owner/manager or professional property management and leasing team to streamline and modernize operations. Most tenants are on short term leases allowing for the possibility of redeveloping or re-tenanting as per new owner's business plan. The property has been well-maintained by a hands-on owner for many years. Do not disturb tenants, appointment required.

Details

MLS#10217661
StyleRetail
TypeCommercial/Industrial
StatusActive
Year1965
Days On Site85

Features

SQ Feet24,241
Story(s)0
Units15
ZoningGMU

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Area Information

StateVA
CityPortsmouth
Zip Code23703
Area22 - Northwest Portsmouth
Listing VS Median (in 23703)
Price:
$3,350,000
low | high
Med:
$203,000
100% of Average
SqFt:
24,241
low | high
Med:
2,081
100% of Average
$ / SqFt:
$138
low | high
Med:
$98
79.412194194812% of Average
On Site:
85
low | high
Med:
60
100% of Average
Listing Updated: 12/10/2018
MLS Number: 10217661
Listing Provided By:
Edward Denton  of  Denton Realty Company
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