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Mixed-Use Entertainment and Apartment Building
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136 River St, Petersburg, VA 23803

8,000 SF sprinklered entertainment facility plus multiple apartments across River Street addresses.

Property Size8,000 SF
Days on Market122

Property Features for 136 River St

General Information

Standard status Active
Size 8,000 SF
Property subtype Special Purpose

Additional Details

Sprinkler System Yes
Multifamily Units 6
Listing Agency: Specter Properties, Inc.
Listed By: Mark Specter · License #VA 2255109028
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 21 at 5:47AM

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 Specter Properties, Inc.

Investment Insights

Based on property information with market context.

This offering includes a combination of an approximately 8,000-square-foot sprinklered entertainment facility at 136 River Street, along with apartment buildings at 112 and 114 River Street. The River Street apartments are described as one unit on the first floor and one unit on the second floor.

Also included are four apartments at 100–110 River Street, with an indicated possibility of two additional apartments. Rounding out the package, 431 Third Street is listed as a lot for additional parking, and a billboard is noted as additional income.

The property is offered for sale in Petersburg, Virginia.

Key Highlights

  • 8,000 SF sprinklered entertainment facility at 136 River Street
  • Two apartments at 112 & 114 River Street: one on the first floor and one on the second floor
  • Four apartments at 100‑110 River Street, with possibility of adding two additional apartments

Property Analytics

Current Use

Old Towne Civic ... Wedding Service ATM Atm

Suggested Use

Top Pick Building Supply Kitchen & Bath Showroom Dental Office Big Box & Wholesale Store Garden Center Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

6
Residential units
Yes
Sprinkler system

Location Intelligence

Trade Area within ½ mile

1,017
Businesses Nearby

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

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - 8,000 SF sprinklered entertainment facility plus multiple apartments across River Street addresses.
Where is this apartment building located?
The property is located at 136 River St Petersburg, VA.
What are key features of this property?
This property features: 8,000 SF sprinklered entertainment facility at 136 River Street; Two apartments at 112 & 114 River Street: one on the first floor and one on the second floor; Four apartments at 100‑110 River Street, with possibility of adding two additional apartments
(804) 777-7070 Call to check price and availability
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