430 High St, Portsmouth

$1,250,000

0 Bed
0 Bath
24,827 Sqft
¼ Acre
0 Garage

This property is a rare opportunity to own and redevelop a historic mixed use building in Oldetown Portsmouth. This true diamond in the rough could be brought back to life with the right vision. There currently are 8 fully occupied apartments on the third floor, rental income is $6,600/mo. Three 1-bedroom, and five 2-bedroom recently renovated and under rental value. The first and 2nd floor was once a dinner theater, and has a city tax credit for keeping high ceiling height, but could be converted into additional apartments. There are several offices, bathrooms, and kitchen space. Elevator is maintained and inspected regularly. The possibilities are endless. Showings are available by appointment only, agent must be present. Please Do Not Disturb Tenants. Sold as-is, where-is.

Essential Information
MLS® #10405795
Price$1,250,000
Bathrooms0.00
Square Footage24,827
Acres0.25
Year Built1941
TypeCommercial/Industrial
Sub-TypePurchase
StatusActive
Community Information
Address430 High St
AreaCentral Portsmouth
SubdivisionOlde Towne
CityPortsmouth
StateVA
Zip Code23704
Amenities
ParkingClose to Mass Transit, Street
Utilities

City Sewer, City Water, Electric, Gas, Meter

Features

Display Window, Door Sign, Fire Sprinkler Sys, Inside Storage, Mini Kitchen, Lighting, Priv Restrms, Rear Entrance

Interior
HeatingGas
CoolingCentral Air
Exterior
ExteriorBrick
RoofPoly Skin
ConstructionBlock, Frame
FoundationBasement
Additional Information
Days on Market48
ZoningT5
Listing Details
Listing Courtesy ofAtlantic Sothebys Int'l Realty
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