284 days on market
$879,000
701 Court St
Portsmouth, Virginia 23704
MLS# 10594952 · SOUTHSIDE · Portsmouth VA
Updated Apr 3, 2026 · Source: REIN MLS
Est. payment
$5,617/mo
Edit below
Price / sq ft
$83
10,654 sq ft
Days on market
284
HOA
None
Year built
1960
66 yrs old
Beds
0
Full Baths
0
Half Baths
0
Sq Ft
10,654
Garage
No
About this home
Centrally located busy corner in downtown near 264 & Downtown tunnel. Great potential for single or multi-purpose use. Seller is a Class-A contractor ready to work with buyer renovations. Agent is related to Seller. Update/Improvements to out front brick wall, columns & paint. New roof on main building. Notify LA to show (security system, active business during week). Chandeliers do not convey.
Listed by Lynn Atkison · BHHS RW Towne Realty
VaHome Team property overview
701 Court Street is a 10,654-square-foot commercial building on 0.28 acres in Portsmouth's historic Olde Towne district, steps from USCG Base Portsmouth and Norfolk Naval Shipyard, with walkable access to dining, coffee, fitness, and green space.
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Why this home stands out
Few commercial addresses in Hampton Roads put you this close to two major military installations — USCG Base Portsmouth and Norfolk Naval Shipyard are both less than a minute away. The building's 10,654 square feet on a 0.28-acre lot, combined with a central Olde Towne location, makes 701 Court Street a rare find in a neighborhood defined by brick sidewalks, historic architecture, and genuine foot traffic.
SOUTHSIDE and the Portsmouth real estate market
701 Court Street sits in the heart of SOUTHSIDE Portsmouth, specifically within the Olde Towne district — one of the most architecturally intact urban neighborhoods in all of Virginia. The streets here are lined with 18th- and 19th-century rowhouses, federal-style facades, and a walkable commercial core that draws locals and visitors alike. Portsmouth itself is a working waterfront city with deep military roots, a growing arts scene, and a downtown that has been steadily reinventing itself. If you've been searching through houses for sale in portsmouth va and stumbled onto this address, you already know the city has a character that's hard to replicate. Courthouse Square and Festival Park are both within a couple of blocks, giving the immediate area a civic, community-centered feel. The Elizabeth River runs just to the east, and the Portsmouth ferry to downtown Norfolk is a short walk away — keeping this location connected to the broader Hampton Roads metro without sacrificing its distinct neighborhood identity.
What's nearby
Daily errands and quick meals are effortlessly within reach. Guads Mexican Restaurant is essentially next door, and Sun's Sub & Pub and Jimmy John's are both within a block. For your morning routine, Olde Towne Coffee is 0.1 miles away, with Cure just a few minutes further on foot. Grocery options cluster nearby — Simply Southern Market of Hampton Roads, Market Street & General Store, and OLDE TOWNE FOOD MART are all within 0.2 miles. Movement Studio VA is a 0.1-mile walk for fitness, and the Effingham Street Family YMCA is 0.4 miles out. Courthouse Square and Festival Park round out the immediate area with open green space.
For different buyers
For military families relocating
With USCG Base Portsmouth and Norfolk Naval Shipyard both under a minute away, 701 Court Street is about as close to two major installations as a property can get. For service members weighing BAH and commute time, this location eliminates the drive entirely — a meaningful quality-of-life advantage in a region where base access often shapes every other decision.
For buyers drawn to character
Olde Towne Portsmouth has the kind of bones that newer developments simply can't manufacture — gas-lamp streetscapes, century-old architecture, and a neighborhood identity that's been building for generations. If you're drawn to homes for sale in portsmouth va because you want texture and history baked into your address, 701 Court Street puts you at the center of it all.
Frequently asked questions
How far is 701 Court Street from USCG Base Portsmouth?
USCG Base Portsmouth is approximately one minute from 701 Court Street — the base entrance is essentially around the corner, making this one of the closest non-base addresses to the installation in the city.
How far is 701 Court Street from Norfolk Naval Shipyard?
Norfolk Naval Shipyard is also about one minute away, placing 701 Court Street within immediate reach of both major military installations that anchor Portsmouth's economy and workforce.
What is the square footage and lot size of 701 Court Street?
The building totals 10,654 square feet and sits on a 0.28-acre lot in the Olde Towne section of Portsmouth, Virginia 23704.
Is 701 Court Street in a flood zone?
Flood zone information for 701 Court Street is available in the FloodRisk tile on this page, which pulls current FEMA map data for the property's specific parcel.
What neighborhood is 701 Court Street located in?
701 Court Street is located in the SOUTHSIDE neighborhood of Portsmouth, within the historic Olde Towne district — a walkable, architecturally rich area steps from the Elizabeth River waterfront and Courthouse Square.
Curious about 701 Court Street or other properties in Portsmouth? Tom and Dariya Milan at LPT Realty are ready to walk you through every detail — reach out today.
Summary generated by AI from public records and publicly available information.
Location & Neighborhood
Location & Street View
701 Court ST, 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
10,654
Stories
0
Fireplaces
0
Flooring
Carpet, Concrete
Heating
Cooling
Laundry
Interior Features
N/A
Sale & Tax History
List Price
$879,000
Price / Sq Ft
$83
Annual Taxes
$9,599
Monthly Tax
$800
HOA
None
Tax Rate (effective)
1.09%
Sale Timeline (this listing)
| Event | Date | Price | Detail |
|---|---|---|---|
| Listed | Jul 29, 2025 | $879,000 | — |
| Currently listed | — | $879,000 | — |
Public-Records Assessment
Source: Portsmouth via Hampton Roads Regional Parcels. Fetched May 11, 2026.
Total Assessed
$809,270
Land
$202,190
Improvement
$607,080
Parcel ID: 00071010 · 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
$5,617/moPrincipal & interest
$4,561
Property tax
$800
Home insurance
$256
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 BHHS RW Towne Realty · MLS# 10594952
Data provided by REIN MLS. Information deemed reliable but not guaranteed.
$879,000
701 Court ST, PORTSMOUTH VA 23704
Portsmouth, Virginia 23704
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