About 1625 Elm Ave
1625 Elm Ave – Unique Mixed-Use Investment Opportunity in Portsmouth, VAThis versatile property offers the perfect blend of residential and commercial use. The ground floor retail/church space provides immediate income potential or a prime opportunity for community use, retail, or conversion.Upstairs, you’ll find a spacious 5-bedroom, 2-bath residential unit with strong rental potential. According to the City, there’s also the ability to add 2 additional units upstairs, making this property a rare multi-income producing investment.Highlights: • Retail/Church space on the bottom floor • 5 bedrooms, 2 baths upstairs • City approval for up to 2 additional units • Prime Portsmouth location with strong community presence • Ideal for investors, mixed-use developers, or owner-occupantsThis property offers endless potential—whether you’re looking to expand your rental portfolio, start a business, or create a live-work setup.
Features of 1625 Elm Ave
| MLS® # | 10603346 |
|---|---|
| Price | $95,000 |
| Bathrooms | 0.00 |
| Square Footage | 3,312 |
| Acres | 0.12 |
| Year Built | 1931 |
| Type | Commercial/Industrial |
| Sub-Type | Purchase |
| Status | Under Contract |
Community Information
| Address | 1625 Elm Ave |
|---|---|
| Area | Central Portsmouth |
| Subdivision | PRENTIS PARK |
| City | Portsmouth |
| State | Virginia |
| Zip Code | 23704 |
Amenities
| Utilities | City Sewer, City Water, Electric |
|---|---|
| Features | Lighting |
| Parking | Off Street |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Heat Pump W/A |
|---|---|
| Cooling | Central Air |
| Fireplace | No |
Exterior
| Exterior | Brick |
|---|---|
| Roof | Asphalt Shingle |
| Construction | Block, Concrete |
| Foundation | Crawl |
Additional Information
| Days on Market | 6 |
|---|---|
| Zoning | URH |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Maxwell Realty LLC |
|---|