Star Lofts Apartment
For Sale
Contact for pricing
Pending
16 S Market St, Petersburg, VA 23803
LEED-Silver certified multifamily property with resident amenities and a three-parcel site in Petersburg.
Property SizeContact for details
Lot Size3.55 Acres
Days on Market144
Property Features for 16 S Market St
General Information
Standard status
Pending
Lot size
3.55 Acres
Property subtype
Multifamily
Additional Details
Multifamily Units
66
Amenities
co-working and media lounge
cardio room
weight room with boxing studio
LuxerOne package lockers
Building Details
Year Renovated
2013
Listing Agency:
CBRE - Richmond
Listed By:
Calvin Griffith · License #VA 0225233613
Source:
Crexi
Added: Apr 11
Changed: Aug 30
Last Checked: Aug 30 at 2:27AM
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 CBRE - Richmond
Investment Insights
Based on property information with market context.
Star Lofts is a 66-unit apartment property created through the multifamily conversion of buildings originally constructed in 1922 and 1957. Completed in 2013, the adaptive reuse project carries LEED-Silver certification and includes a resident co-working and media lounge, cardio room, weight room with boxing studio, and LuxerOne package lockers. A dog park is scheduled for completion in April.
The property occupies approximately 3.55 acres across three land parcels at 16 South Market Street in Petersburg, Virginia. One parcel is identified for potential future development of additional units. The site density is 18.59 units per acre.
The property occupies approximately 3.55 acres across three land parcels at 16 South Market Street in Petersburg, Virginia. One parcel is identified for potential future development of additional units. The site density is 18.59 units per acre.
Key Highlights
- 66‑unit apartment property at 16 South Market Street, Petersburg, VA 23803
- LEED‑Silver certified adaptive reuse conversion completed in 2013
- Buildings originally constructed in 1922 and 1957
Property Analytics
Property Profile
Current Use
Lease Details
66
Residential units
Location Intelligence
Trade Area within ½ mile
1,219
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - LEED-Silver certified multifamily property with resident amenities and a three-parcel site in Petersburg.
Where is this apartment building located?
The property is located at 16 S Market St Petersburg, VA.
What are key features of this property?
This property features: 66‑unit apartment property at 16 South Market Street, Petersburg, VA 23803; LEED‑Silver certified adaptive reuse conversion completed in 2013; Buildings originally constructed in 1922 and 1957
