Renovated Loft Apartment
For Sale
Contact for pricing
123 Pine St, Petersburg, VA 23803
Renovated in 2016 into industrial-chic loft apartments with 40 one-bedroom units and off-street parking.
Property SizeContact for details
Days on Market124
Property Features for 123 Pine St
General Information
Standard status
Active
Property subtype
Multifamily
Additional Details
Multifamily Units
40
Building Details
Year Renovated
2016
Tenancy
Multi
Listing Agency:
One South Commercial
(540) 532-6435
Listed By:
Tom Rosman · License #VA 0225030879
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Jul 23 at 9:03AM
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.
Burr Lofts is a multifamily apartment building renovated in 2016 from an original dungaree factory into industrial-chic loft style apartments. The property offers 40 one-bedroom and one-bath units. Each unit features modern cabinetry, black granite countertops, stainless steel appliances, and designer tiled bathrooms, with original hardwood floors throughout the remainder of the apartments. Large industrial size windows provide natural light, and each unit includes a full-size stackable washer and dryer.
The building is located just minutes outside downtown Petersburg, about a mile and a half from Virginia State University. It is also near the Appomattox Regional Governor’s School and Pittman Vocational School.
Outside the units, residents have ample off-street parking and access to green space around the building and nearby park. Every unit is individually metered for electricity, supporting tenant responsibility for power usage.
The building is located just minutes outside downtown Petersburg, about a mile and a half from Virginia State University. It is also near the Appomattox Regional Governor’s School and Pittman Vocational School.
Outside the units, residents have ample off-street parking and access to green space around the building and nearby park. Every unit is individually metered for electricity, supporting tenant responsibility for power usage.
Key Highlights
- Burr Lofts at 123 Pine Street was renovated in 2016 from a former dungaree factory into industrial‑chic loft apartments.
- 40 one‑bedroom, one‑bath units make up the apartment community.
- Each unit includes a full‑size stackable washer/dryer.
Property Analytics
Property Profile
Current Use
Lease Details
40
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
899
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 Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Apartment building - Renovated in 2016 into industrial-chic loft apartments with 40 one-bedroom units and off-street parking.
Where is this apartment building located?
The property is located at 123 Pine St Petersburg, VA.
What are key features of this property?
This property features: Burr Lofts at 123 Pine Street was renovated in 2016 from a former dungaree factory into industrial‑chic loft apartments.; 40 one‑bedroom, one‑bath units make up the apartment community.; Each unit includes a full‑size stackable washer/dryer.
