Historic Mixed-Use
For Sale
$600,000
122124 Sycamore Street, Petersburg, VA 23803
Two historic structures support retail, office, dining, residential, hospitality, or creative workspace uses.
Property Size27,864 SF
Price / SF$21.53
Days on Market30
Property Features for 122124 Sycamore Street
General Information
Standard status
Active
Size
27,864 SF
Property subtype
General Commercial
Additional Details
Opportunity Zone
Yes
Amenities
3
Building Details
Year Built
1879
Buildings
2
Listing Agency:
Long & Foster REALTORS
(804) 432-3408
Listed By:
James Strum
(804) 432-3408
Source:
Xome
Added: Aug 1
Changed: Aug 28
Last Checked: Aug 29 at 6:06AM
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.
The property comprises two connected-address buildings totaling 27,864 square feet: Building 122 contains 15,120 square feet, while Building 124 provides 12,744 square feet. Constructed in 1879, the structures offer a substantial historic building platform for mixed-use occupancy, including retail, office, restaurant, apartment, boutique hospitality, and creative workspace concepts.
At 122–124 Sycamore Street in Petersburg, the property is within the city’s Opportunity Zone and historic district. Restaurants, galleries, and downtown amenities are described as walkable from the site, placing the buildings within an established central setting shaped by ongoing redevelopment.
At 122–124 Sycamore Street in Petersburg, the property is within the city’s Opportunity Zone and historic district. Restaurants, galleries, and downtown amenities are described as walkable from the site, placing the buildings within an established central setting shaped by ongoing redevelopment.
Key Highlights
- 27,864 SF across two buildings at 122–124 Sycamore Street
- Building 122 contains 15,120 square feet
- Building 124 contains 12,744 square feet
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,195
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 structures support retail, office, dining, residential, hospitality, or creative workspace uses.
Where is this mixed-use property located?
The property is located at 122124 Sycamore Street 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 SF across two buildings at 122–124 Sycamore Street; Building 122 contains 15,120 square feet; Building 124 contains 12,744 square feet
