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Free-Standing Office Building
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112 North Crater Road, Petersburg, VA 23803

Small free-standing office building with gated outdoor storage and a current tenant in place.

Property SizeContact for details
Days on Market136

Property Features for 112 North Crater Road

General Information

Standard status Active
Property subtype Office, Land

Site & Location

Fenced Yard Yes
Outdoor Storage Yes

Building Details

Year Renovated 2014
Listing Agency: One South Commercial
Listed By: Tom Rosman · License #VA 0225030879
Source: Crexi
Added: Apr 10 Changed: Aug 8 Last Checked: Jul 22 at 12:49AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of One South Commercial

Investment Insights

Based on property information with market context.

112 N Crater Road is a small, free-standing office building with outdoor, gated storage space. The property is currently occupied, and a buyer may choose to continue leasing to the existing tenant or terminate the existing lease to occupy the building themselves.

The seller rebuilt and updated the property roughly 10 years ago. The site is described as being minutes from I-95 and Historic Downtown Petersburg, with access to nearby destinations including Fort Lee and an Amazon Fulfillment Center.

Key Highlights

  • Small free‑standing office building with a current tenant in place
  • Gated outdoor storage included
  • Seller rebuilt and updated the property roughly 10 years ago

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Parking Lot & Garage Kitchen & Bath Showroom HVAC Service Garden Center Butcher (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Fenced yard

Location Intelligence

Trade Area within ½ mile

588
Businesses Nearby

Demographics for 23803, VA

44,377
Population
19,826
Households
2.2
Avg Household Size
36
Median Age
24%
College-Educated
88%
High-School Grad
72.2 sq mi
ZIP Area
615
Density / Sq Mi
$55,820
Median Household Income
$35,122
Median Earnings
$1,132
Median Rent
$208,700
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office building - Small free-standing office building with gated outdoor storage and a current tenant in place.
Where is this office building located?
The property is located at 112 North Crater Road Petersburg, VA.
What are key features of this property?
This property features: Small free‑standing office building with a current tenant in place; Gated outdoor storage included; Seller rebuilt and updated the property roughly 10 years ago
(804) 266-8831 Call to check price and availability
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