306 days on market
$635,000
4000 George Washington Hwy
Portsmouth, Virginia 23702
MLS# 10591879 · CRADOCK · Portsmouth VA
Updated Nov 18, 2025 · Source: REIN MLS
Est. payment
$3,923/mo
Edit below
Price / sq ft
$254
2,502 sq ft
Days on market
306
HOA
None
Year built
1976
50 yrs old
Beds
0
Full Baths
0
Half Baths
0
Sq Ft
2,502
Garage
No
About this home
Great opportunity to acquire a maintained commercial property w/a triple NNN lease. Long-term established corporate tenant ensuring income stability. Tenant is responsible for property taxes, insurance, & maintenance, providing the landlord w/passive income. The 2,502SF property is situated at a signalized intersection on a major artery with about 30,000 vpd providing visibility & customer access. PLEASE DO NO DISTUR…
Listed by Yvonne Wild · Swell Real Estate Co
VaHome Team property overview
4000 George Washington Highway is a 2,502-square-foot commercial property on a generous half-acre lot in Portsmouth's historic Cradock neighborhood, sitting just four minutes from Norfolk Naval Shipyard and five minutes from USCG Base Portsmouth — a rare combination of size, location, and accessibility.
Read full property overview ↓Show less ↑
Why this home stands out
Half an acre of land in an established urban neighborhood is genuinely hard to find in Portsmouth. At 2,502 square feet on 0.52 acres, this 1976-built commercial property gives you room to operate, expand, or reimagine — all within a tight radius of two major military installations and the everyday infrastructure that surrounds them. The George Washington Highway corridor keeps you connected to the wider Hampton Roads region without sacrificing proximity to the shipyard.
CRADOCK and the Portsmouth real estate market
Cradock is one of Portsmouth's most distinctive neighborhoods — a planned community developed in the early twentieth century that still carries its original grid layout, mature trees, and a genuine sense of place. The streets here have character that newer corridors simply don't replicate, and the mix of residential blocks and working commercial frontage along George Washington Highway reflects a neighborhood that has always balanced community life with practical commerce. If you've been searching for houses for sale in portsmouth va and stumbled onto this commercial listing, that's actually telling — Cradock attracts people who want roots, not just a transaction. Portsmouth itself sits at the heart of Hampton Roads, bordered by the Elizabeth River and connected to Norfolk, Chesapeake, and Suffolk by a web of bridges, tunnels, and interstates. The city has been investing steadily in its waterfront and historic districts, and Cradock benefits from that momentum. County-level services run through the City of Portsmouth, which operates its own full suite of municipal departments.
What's nearby
Daily life around 4000 George Washington Highway is genuinely convenient. Darla's Seafood is essentially at your doorstep, and Mama Chan's Chinese Take-Out and Subs Sandwiches & More are both within a tenth of a mile. A BP station sits 0.1 miles away for quick stops, while Dollar General and the Scott Center Annex Commissary are both under a mile out. George Washington Park is a two-minute walk at 0.2 miles, and Afton Square and MWR Scott Annex Park round out the green space options within half a mile. Dunkin' and a 7-Eleven are 0.7 miles away when you need a morning coffee run, and Callaghan Gym and Fitness Center and Planet Fitness are both under a mile for anyone prioritizing fitness.
For different buyers
For military families relocating
Norfolk Naval Shipyard is four minutes away and USCG Base Portsmouth is five — that's about as close as commercial real estate gets to two installations in Hampton Roads. Whether you're thinking about BAH, a VA loan for a future residential purchase, or simply planting roots near your duty station, this corridor puts you in the right zip code from day one.
For buyers drawn to character
Cradock isn't a generic suburban strip — it's a century-old planned community with bones, history, and a street grid that tells a story. A half-acre commercial lot on George Washington Highway in a neighborhood like this doesn't come along often. If you're drawn to places with actual identity and you want a property that reflects that, this address is worth a serious look at homes for sale in portsmouth va.
Frequently asked questions
How far is 4000 George Washington Highway from Norfolk Naval Shipyard?
Norfolk Naval Shipyard is approximately four minutes away by car, making this one of the closest commercial addresses to the shipyard in the Portsmouth market.
How far is 4000 George Washington Highway from USCG Base Portsmouth?
USCG Base Portsmouth is about five minutes away, putting both major installations within a very short drive of this property.
What is the lot size at 4000 George Washington Highway?
The lot measures 0.52 acres — just over a half acre — which is notably generous for a commercial property on an established urban corridor in Portsmouth.
Is 4000 George Washington Highway in a flood zone?
Flood zone information for this address is available through the FloodRisk tile on this page, which pulls current FEMA map data for the specific parcel.
What neighborhood is 4000 George Washington Highway located in?
The property sits in Cradock, one of Portsmouth's most historically significant neighborhoods, originally developed as a planned community in the early twentieth century.
Ready to explore what 4000 George Washington Highway could mean for you? Tom and Dariya Milan know this corridor well — reach out and let's talk through the details.
Summary generated by AI from public records and publicly available information.
Location & Neighborhood
Location & Street View
4000 George Washington HWY, Portsmouth
Map and Street View imagery © Google. Imagery may not be current.
Map data ©Google. Click and drag inside the map to explore the surrounding area.
Flood Risk
Property Details
Bedrooms
0
Full Baths
0
Half Baths
0
Approx Sq Ft
2,502
Stories
0
Fireplaces
0
Flooring
Concrete, Laminate/LVP
Heating
Cooling
Laundry
Interior Features
N/A
Sale & Tax History
List Price
$635,000
Price / Sq Ft
$254
Annual Taxes
$5,311
Monthly Tax
$443
HOA
None
Tax Rate (effective)
0.84%
Sale Timeline (this listing)
| Event | Date | Price | Detail |
|---|---|---|---|
| Listed | Jul 7, 2025 | $635,000 | — |
| Currently listed | — | $635,000 | — |
Public-Records Assessment
Source: Portsmouth via Hampton Roads Regional Parcels. Fetched May 11, 2026.
Total Assessed
$435,210
Land
$310,640
Improvement
$124,570
Parcel ID: 04640120 · View on city GIS portal
Looking for multi-year tax assessments or prior sales? REIN MLS only ships data for the current listing. For full property history, check the city assessor record:
Tax data above from REIN public-records sync. Sale timeline tracked from this listing's first appearance in our feed forward; prior owner sales are not included.
Comparable Properties
Comps are selected by city, bed count, square footage and price proximity. Composite similarity score weights bed match, sqft variance, price variance, and straight-line distance.
About buying in Portsmouth
Portsmouth combines historic naval heritage with affordable, character-rich neighborhoods. Olde Towne Portsmouth offers tree-lined streets of restored 18th- and 19th-century homes with sweeping Elizabeth River views — one of the largest collections of pre-Revolutionary architecture in the country. Churchland, Cradock, and West Park View provide established family neighborhoods at price points well below comparable Norfolk or Virginia Beach properties. The city is home to Norfolk Naval Shipyard, one of the Navy's oldest and largest, ensuring consistent demand from civilian shipyard workers and active-duty Navy personnel.
Military Commute
Drive times to nearest basesDrive times via Google Maps with current traffic patterns. Times are typical and may vary by time of day. Use the "Analyze" button up top to see live drive time to your saved base.
Estimate your monthly payment
$3,923/moPrincipal & interest
$3,295
Property tax
$443
Home insurance
$185
PMI
None
HOA
None
Estimate only. Insurance assumed at 0.35% of home value annually. Actual taxes, insurance, and rate will vary by lender, credit, and property. Contact a lender for a personalized quote.
Listed by Swell Real Estate Co · MLS# 10591879
Data provided by REIN MLS. Information deemed reliable but not guaranteed.
$635,000
4000 George Washington HWY, PORTSMOUTH VA 23702
Portsmouth, Virginia 23702
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