List Search

705-711 London St
Portsmouth, VA 23704 Old Towne Portsmouth

$750,000 USD

Office For Sale  •  6,808 SF

Property Details

  • Property Type Office
  • Total Building Size 6,808 SF
  • Lot Size 0.34 AC
  • Building Class C
  • Year Built 1987
  • Cap Rate 6.40 %
  • Tenancy Multiple
  • Zoning D-1
48 Transit Score
88 Walk Score

Highlights

Close major intersection in Portsmouth.

Property Flyers

Financial Summary (Actual)

Net Operating Income: $44,207 USD (2024)
Cap Rate: 6.40 %
Total Expenses: $27,000 USD

Major Tenants

Tenant SF Occupied Lease End Date
A dash of wax aesthetics 1,173 SF 3/31/2026
Arsenia Alterations
Da Nooty Roots 934 SF 3/31/2027
Hampton Roads Go 1,290 SF
Raising Hope Home Health Care
The Barber Shop 375 SF
Vacant Unit 1,173 SF

Amenities

  • Signage

Public Transportation

Commuter RailDriveWalkDistance
Norfolk (Northeast Regional - Amtrak) 7 min - 3.1 mi
AirportDriveWalkDistance
Norfolk International 19 min - 9.5 mi
Newport News/Williamsburg International 45 min - 32.4 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 11
Type: Surface
Included in Rent: Yes
Mihaela Guy 757-620-4262 Nextgen Virginia Realty
Mihaela Guy 757-620-4262 Nextgen Virginia Realty