Connected Warehouse and Office Facility

1201 Commerce Street, Petersburg, VA 23803

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For Lease

$5,000,000 SF/Yr $3,683,333,333/Mo (calc)

COMMERCIAL - Petersburg, VA

Property size:

8,840 SF

Lot size:

3.80 Acres

HighLights

8,840 SF raw warehouse space available for lease, with sprinkler system (availability after new sprinkler system is installed).
Includes 2 loading docks for the available warehouse space.
Property is 92%+ leased, with space available for a new tenant or owner‑occupant tenant.
Multiple warehouse buildings connected to an office building.
Utilities include public water and public sewer.
Year built 1987; roof is built‑up.

We can help!

Contact an agent

Debbie Welch

For Lease

$5,000,000 SF/Yr $3,683,333,333/Mo (calc)

COMMERCIAL - Petersburg, VA

Property size:

8,840 SF

Lot size:

3.80 Acres

Added:: Jun 24, 2026
Days on Market:: 4
Last Refresh:: Jun 27 at 1:06 pm

Property Features for 1201 Commerce Street

General Information

Property type: Commercial Lease
Property subtype: Other
Standard status: Active
APN: 024-150018
Lot size: 3.80 Acres

Taxes and HOA fees

Tax Description: 3.86 ACRES

Utilities

Sewer type: Public Sewer
Heating system: Heat Pump (Heating), Natural Gas, Zoned
Cooling system: Central Air, Gas (Cooling)
Water source: Public

Building Details

Year built: 1987
Floors in Building: 2
Roof type: Built-Up

We can help!

Contact an agent

Debbie Welch

Listing agent Debbie Welch License #0225043251

Listing office Welch Real Estate 2807 N Parham Rd Ste 200-40, Richmond, VA

Listing date Jun 24, 2026

MLS# 2617316

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.

HighLights

8,840 SF raw warehouse space available for lease, with sprinkler system (availability after new sprinkler system is installed).
Includes 2 loading docks for the available warehouse space.
Property is 92%+ leased, with space available for a new tenant or owner‑occupant tenant.
Multiple warehouse buildings connected to an office building.
Utilities include public water and public sewer.
Year built 1987; roof is built‑up.

Overview

The property includes multiple warehouse buildings connected to an office building, with a portion currently operated 7 days a week and with extended evening hours. Approximately 8,840 square feet of raw warehouse space is available and will be best suited for inventory or storage use, subject to evaluation of other proposed uses. The available space features a sprinkler system and includes two loading docks, and it will be ready once a new sprinkler system is installed.

The site is located on Commerce Street in Petersburg, VA, with close proximity to the historical area. The property also offers east access to I-95 and I-85.

With the property reported as 92%+ leased, leasing activity is subject to tenants’ rights in the remainder of the facility. For a tenant seeking warehouse storage and distribution space that can operate alongside existing operations, this offering provides a sprinklered configuration and dock access within a multi-building setup that includes office space on site.

Property Profile Location Intelligence

Current Use by Public Records

Shining Stars Sports ... High School

Suggested Use

Location Insight

Map
Local Demand

City: Petersburg
County: Petersburg
State: Virginia
Longitude: -77.424823
Latitude: 37.2241067

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For lease
Flex space
VA
Petersburg
23803
1201 Commerce Street

What type of property is this?

Flex space - Sprinklered raw warehouse space with two loading docks within a connected warehouse and office complex.

Where is this flex space located?

The property is located at 1201 Commerce Street Petersburg, VA.

What is the lease rate?

The lease rate is $5,000,000.

What are key features of this property?

This property features: 8,840 SF raw warehouse space available for lease, with sprinkler system (availability after new sprinkler system is installed).; Includes 2 loading docks for the available warehouse space.; Property is 92%+ leased, with space available for a new tenant or owner‑occupant tenant.

1201 Commerce Street, Petersburg, VA 23803

COMMERCIAL - Petersburg, VA

Property Features for 1201 Commerce Street

General Information

Taxes and HOA fees

Utilities

Building Details

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Lease

Flex Space with Office and Parking

Freestanding Strip Mall Retail Units

Renovated Petersburg Mixed-Use Property

Medical Office Space Available

Retail Space in South Crater

Retail Space in Pinehill Plaza

Petersburg Industrial Campus for Lease

Petersburg Industrial Facility For Lease

Petersburg Flex Space Available

Retail Space with Grocery Store

Renovated Retail Space For Rent

Office/Medical Space Sublease

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