Mixed-Use Event and Residential
New
For Sale
$1,450,000
136 River St, Petersburg, VA 23803
Property package combines an event facility, apartments, and additional parking across multiple parcels.
Property Size17,600 SF
Days on Market2
Property Features for 136 River St
General Information
Standard status
Active
Size
17,600 SF
Property subtype
Commercial
Building Details
Building Size
17,600 SF
Year Built
1880
Stories
2
Listing Agency:
Weichert Realtors Brockwell and Portwood
Listed By:
John Brockwell · License #0225101621
(804) 691-9490
Source:
Elliman
Added: Sep 6
Last Checked: Sep 7 at 7:24AM
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 Weichert Realtors Brockwell and Portwood
Investment Insights
Based on property information with market context.
This mixed-use property package includes the Petersburg Civic Center at 136 River Street, associated properties at 100–114 River Street, and 431 Third Street. The civic center operates as an event and gathering facility for receptions, weddings, meetings, celebrations, and community events. The package also contains 11 residential apartment units, along with additional parking at the Third Street property.
The properties are situated in Petersburg’s historic River Street/Old Towne area, with access to downtown Petersburg, Interstate 95, Interstate 85, and the surrounding Tri-Cities region. The offering also includes a billboard opportunity and is near the Petersburg casino and entertainment development. The main building dates to 1880.
The properties are situated in Petersburg’s historic River Street/Old Towne area, with access to downtown Petersburg, Interstate 95, Interstate 85, and the surrounding Tri-Cities region. The offering also includes a billboard opportunity and is near the Petersburg casino and entertainment development. The main building dates to 1880.
Key Highlights
- Event facility at 136 River Street
- 11 residential apartment units included
- Additional parking at 431 Third Street
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,017
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?
Mixed-use property - Property package combines an event facility, apartments, and additional parking across multiple parcels.
Where is this mixed-use property located?
The property is located at 136 River St Petersburg, VA.
What is the asking price?
The asking price for this property is $1,450,000.
What are key features of this property?
This property features: Event facility at 136 River Street; 11 residential apartment units included; Additional parking at 431 Third Street
