Historic Mixed-Use
New
For Sale
$600,000
122 & 124 N Sycamore St, Petersburg, VA 23803
Two historic buildings offer a substantial redevelopment footprint within Petersburg’s historic district and Opportunity Zone.
Property Size27,864 SF
Price / SF$21.53
Days on Market2
Property Features for 122 & 124 N Sycamore St
General Information
Standard status
Active
Size
27,864 SF
Property subtype
Commercial
Additional Details
Opportunity Zone
Yes
Building Details
Building Size
27,864 SF
Year Built
1879
Buildings
2
Stories
3
Listing Agency:
Long & Foster REALTORS
(804) 432-3408
Listed By:
James Strum
(804) 432-3408
Source:
Elliman
Added: Aug 8
Changed: Aug 9
Last Checked: Aug 9 at 10:15AM
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 Long & Foster REALTORS
Investment Insights
Based on property information with market context.
This mixed-use property includes two historic buildings totaling 27,864 square feet. Building 122 contains 15,120 square feet, while Building 124 provides 12,744 square feet; both date to 1879. The combined space supports redevelopment concepts identified for retail, office, restaurant, residential, boutique hospitality, and creative workspace uses.
The property is located within Petersburg’s historic district and Opportunity Zone. Restaurants, galleries, and downtown amenities are described as walkable from the site. WalkScore is 19, classified as Car-Dependent, and BikeScore is 21, classified as Somewhat Bikeable.
The property is located within Petersburg’s historic district and Opportunity Zone. Restaurants, galleries, and downtown amenities are described as walkable from the site. WalkScore is 19, classified as Car-Dependent, and BikeScore is 21, classified as Somewhat Bikeable.
Key Highlights
- 27,864 square feet across two historic buildings
- Building 122 contains 15,120 square feet; Building 124 contains 12,744 square feet
- Both buildings date to 1879
Property Analytics
Current Use
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
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Two historic buildings offer a substantial redevelopment footprint within Petersburg’s historic district and Opportunity Zone.
Where is this mixed-use property located?
The property is located at 122 & 124 N Sycamore St Petersburg, VA.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: 27,864 square feet across two historic buildings; Building 122 contains 15,120 square feet; Building 124 contains 12,744 square feet; Both buildings date to 1879
