Historic Mixed-Use
New
For Sale
$390,000
115-117 S Market Street, Petersburg, VA 23803
CommercialSale, Petersburg, VA
Property SizeContact for details
Days on Market3
Property Features for 115-117 S Market Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
RB
Parking
15
Lot features
Level
Directions
I-95 Exit 52, right on Washington, left on Market to second block
Subdivision
57 - Petersburg
Standard status
Active
APN
022-180004
Taxes and HOA fees
Tax Description
Budd Plat 71.5X257.2 & Pt Int in Alley
Legal Description
Budd Plat 71.5X257.2 & Pt Int in Alley
Utilities
Sewer type
Public Sewer
Water source
Public
Building Details
Year built
1850
Floors in Building
2
Building materials
Brick
Roof type
Metal
Architectural style
Other
Listing Agency:
Parr & Abernathy Realty, Inc.
(804) 458-2574
Listed By:
Bill Hartsock · License #0225049484
(804) 366-7418
Added: Sep 16
Last Checked: Sep 18 at 12:06AM
MLS# 2625426
Copyright © 2026 Central Virginia Regional Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Built in 1850, this brick mixed-use property includes a partially renovated main building with 2-bedroom, 3-bath living quarters. The remaining portion is gutted and positioned for restoration, while original woodwork and other historic materials remain in the structure. A full basement has a sealed concrete floor, and a separate one-bedroom unit at the rear is ready for occupancy.
The property includes a large rear lot with off-street parking and is served by public water and public sewer. A metal roof completes the existing improvements. Located within downtown Petersburg’s historic districts, the property supports residential, multifamily residential, and business use as described in the source information.
The property includes a large rear lot with off-street parking and is served by public water and public sewer. A metal roof completes the existing improvements. Located within downtown Petersburg’s historic districts, the property supports residential, multifamily residential, and business use as described in the source information.
Key Highlights
- Mixed‑use brick property constructed in 1850
- Renovated 2‑bedroom, 3‑bath living quarters
- Separate one‑bedroom rear rental unit
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,113
Businesses Nearby
Explore this area
Business Placement
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Mixed-use property - Brick building combines updated residential space, a separate rear unit, and an unfinished interior section.
Where is this mixed-use property located?
The property is located at 115-117 S Market Street Petersburg, VA.
What is the asking price?
The asking price for this property is $390,000.
What are key features of this property?
This property features: Mixed‑use brick property constructed in 1850; Renovated 2‑bedroom, 3‑bath living quarters; Separate one‑bedroom rear rental unit
