501 Grove ave, Petersburg, VA 23803

Building Details

Year Built

1900

Listing agent Dominique Mayton Show Phone

Listing office d***@1stclassre.com Show Phone

Listing date Apr 27, 2026

Source Elliman

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 Dominique Mayton

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Overview

This fully renovated mixed-use property is located in the heart of historic Petersburg, offering a live/work opportunity. The upper level features two bedrooms with natural light, high ceilings, and exposed brick accents. The full bathroom has been updated with modern finishes and a walk-in shower. The renovated kitchen includes updated appliances, a drop sink, and stylish finishes. The main level offers a flexible, open layout suitable for office, retail, studio, or additional living space. Existing doors allow for separation of space, making it ideal for a live/work setup. A half bath is located on the first floor. The property is zoned MXD-2, allowing for a variety of residential and commercial uses. Additional features include new flooring throughout, exposed brick, large windows, and updated HVAC systems, including new mini-splits upstairs and a new HVAC system servicing the lower level. It is located near the upcoming Petersburg casino development and minutes from Virginia State University. The property is ideal for an entrepreneur, small business owner, or tenant seeking flexible use space.

Suggested Use

Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Petersburg

County

Petersburg

State

Virginia

Longitude

-77.4131105

Latitude

37.2320109

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FAQs

What type of property is this?

Mixed-use property - Fully renovated mixed-use property in historic Petersburg with live/work opportunity.

Where is this mixed-use property located?

The property is located at 501 Grove ave Petersburg, VA.

What is the lease rate?

The lease rate is $3,000 /Mo.

What are key features of this property?

This property features: Fully renovated mixed‑use property offering a rare live/work opportunity in historic Petersburg.; Flexible open layout on the main level suitable for office, retail, studio, or additional living space.; Zoned MXD‑2, allowing for a variety of residential and commercial uses.