Zion Community Ministries Acquires Church Property In Portsmouth, VA For $2.6M

Zion Community Ministries, Inc has acquired a 14,800-square-foot building located at 4209 Portsmouth Blvd. in Chesapeake, Virginia. The property, a church, was purchased from The International Church of the Foursquare Gospel for a total price of $2,600,000.

Summary of transation details

• Property Type: Church
• Transaction Amount: $2,600,000
• Address: 4209 Portsmouth Boulevard, Chesapeake, VA
• Market: Portsmouth, VA
• Square Footage: 14,800

The transaction was facilitated by broker Josh Fulton of Cushman & Wakefield. This deal marks the successful acquisition of the property by Zion Community Ministries, Inc from The International Church of the Foursquare Gospel.