Petersburg VA Real Estate & Homes For Sale

Well-curated portfolio of seven duplex rental properties nestled in Petersburg, Virginia, an integral part of the bustling Richmond Metropolitan Area. This meticulously assembled portfolio is offered debt-free at an attractive price point of $1,575,000. Our seller has thoughtfully assembled this collection, providing investors with a substantial scale without the typical headaches and expenses associated with piecing together such a portfolio. With a focus on tenant quality, the properties boast carefully vetted occupants, effectively minimizing collection loss and turnover. Against the backdrop of rising mortgage rates and a widespread housing shortage, there s an unprecedented demand for workforce rentals. This surge in demand grants landlords exceptional pricing leverage, allowing for a discerning selection process like never before. Throughout the turbulence of the Covid era, Petersburg has proven itself as a resilient rental market. Moreover, it s now witnessing increased investment from astute real estate developers and forward-thinking businesses seeking cost-effective operations, all while enjoying convenient access to both Richmond and the intersecting highways of Interstates 85 and 95.

CALLING ALL ENTREPRENEURS...OPPORTUNITY KNOCKS! Excellent visibility & high traffic counts. Old Town Petersburg commercial space, great location. Over 30 parking spaces in rear of building. Please contact Agent for showing instructions. Lockbox and security codes will be provided on request. As-Is - Cash Only!

Totally renovated commercial space with flexible use of space. Additional build out is possible. Space includes a kitchen area, generous reception area, multiple offices. The private office street location offers numerous opportunities. Tired of renting? This one is for you. New paint, flooring, restrooms and more. You can't build this amount of building for the price today. Childcare, Adult day care, counseling, salon, lounge, medical, retail, salon, barbershop, office, the possibilities are endless. Priced to sell! Private location, free standing building, handicap accessible, multiple entrances, paved parking with additional parking in rear. Flexible space for operations. Listing agent has financial position in property. Back on market due to no fault of seller, buyers could not obtain financing.

Well-Known Petersburg Landmark Restaurant for nearly 50 years! Strong daytime and catering business along with excellent area name recognition has been established. There is upside potential in opening for breakfast. A separate fully leased stand alone 1200 sf building is included for a total of 4,144 building square feet. This is an incredible chance to own a wonderful slice of the best pizza in town and run your own restaurant business with an existing patrons.

Fantastic potential with multiple possibilities on this very large garage and office structure. Renovate the front office spaces and use as store front or office space to run your business from and use the garage bays for personal use or rent out. The garage bays have partitions in places and separate entrances to allow for multiple users to operate independently. Cinderblock construction with Concrete floors. 4 Separate electric meters. Older heating system inoperable but duct work is in place.

A long standing establishment that has served the neighborhood for over 50 years. A cornerstone of the community with huge potential. Building is being sold as is. Please include this language in your offer. Inspections are for informational purposes only. Appliances, and furniture to convey as is also. Year built is not accurate.

This former Wells Fargo building sits prominently in the heart of Petersburg s historic downtown business district. The 11,960 SF space provides two stories of office space alongside ample off-street parking. The prominent location along Washington Street allows for high visibility making this the perfect location for an owner/user of any kind or a developer looking to put their stamp on Petersburg s historic downtown.

Just Reduced! Fabulous opportunity for BOTH BUSINESS & HOME awaits! Unique setting w/ BOTH Main Brick Building Store front, (former Post Office,) PLUS BRAND NEW CONSTRCUTION with separate LIVING QUARTERS, (conveniently located just Upstairs,) at the back of the Main brick Building! Paved attached PARKING included w/ property! Tastefully, freshly painted matching exterior(s), including Main Building & Living Quarters! Main Brick Commercial Building features: new construction already framed for: Office, Kitchen, 2 Closets, and 2 Commercial Bathrooms, w/ALL Plumbing completed and approved by City! Main Building needs completion. Roof of main building repaired, 2023. Brand New Construction LIVING QUARTERS features: 2 Bedrooms , 1 FULL Bath, Kitchen & Great Room, featuring: NEW Windows, NEW HVAC WITH Central Air, NEW Electrical, NEW Plumbing, ALL Brand-New Built-in Kitchen Cabinets, Sink & Island! Side entry staircase. Residence is 640 SQ FT & Main Building has 1940 SQ FT Total = 2630 SQ FT. Amazing & Rare opportunity with Business, Home & Parking!

Well maintained church building with detached rectory home. The sanctuary holds 50-60 people, 2 offices upstairs with full bathroom, kitchen and dining space. The rectory/parsonage has open concept living, 3 bedrooms, 2 full bathrooms, updated kitchen and 2 car garage. This property offers ample parking, pavilion, and small playground.

GREAT opportunity for a coworking space which this area lacks! Formerly a grocery store and "Tri-City Lumber", this building offers a multitude of options: church, daycare, office building, shared workspace (such as a "Gather" concept), indoor sporting facility, gym/rec center, daycare, or whatever else your business or portfolio desires. You have to schedule a showing to see this building in person so you can get the full effect of what it has to offer. Most rooms/areas are furnished and could potentially be utilized by the purchaser or could ultimately be negotiable items if someone wanted to buy them. The options are LIMITLESS so come see it for yourself to determine how it would best suit your needs.

The property is the former Virginia Commonwealth Bank main office which is now Blue Ridge Bank due to the merger/acquisition of the two banks. The corporate offices have relocated and the branch bank of BRB occupies the first floor. 2nd floor rented 3 years, and the 3rd floor is available for rent. BRB is dedicated to remaining in the area and will continue to leaseback from new investor / owner as part of the "terms of sale".