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Renovated Mixed-Use Property
For Lease
$2,800/Mo

119 N Sycamore Street, Petersburg, VA 23803

The two-floor layout can be leased in full or divided by floor, with B-3 zoning.

Space SizeContact for details
Days on Market1076

Property Features for 119 N Sycamore Street

General Information

Standard status Active
Total Parking Spaces 10
Zoning B-3

Space & Availability

Divisible Yes
Available From Immediate

Amenities

conference areas
parking lot

Building Details

Year Built 1969
Stories 3
Listing Agency: Hobbs Realty LLC
Listed By: Angel Hobbs · License #0225251218
Source: Colerealestateinc
Added: Nov 14, 2023 Changed: Oct 23 Last Checked: Oct 23 at 5:52PM

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 Hobbs Realty LLC

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Investment Insights

Based on property information with market context.

This mixed-use property was built in 1969 and has since been renovated. Its two floors are available together or separately, with conference areas, a parking lot, and furnishings that may be included in the lease. The property is located in Petersburg’s historic area and is zoned B-3.

Key Highlights

  • Two floors can be leased together or separately
  • Renovated property originally built in 1969
  • Conference areas and a spacious parking lot

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

SIBS Suites Hair Salon

Suggested Use

Top Pick Dental Office Real Estate Agency Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Storage Facility Pharmacy

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,124
Businesses Nearby
30k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 50% Dining 34% Groceries 7% Electronics 6%
Dollar General Shops & Services
7,087 visits/mo 0.2 miles
Church's Chicken Dining
6,875 visits/mo 0.3 miles
Truist Shops & Services
4,177 visits/mo 0.1 miles
Krispy Krunchy Chicken Dining
3,474 visits/mo 0.2 miles
Sunoco Shops & Services
2,051 visits/mo 0.3 miles

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - The two-floor layout can be leased in full or divided by floor, with B-3 zoning.
Where is this mixed-use property located?
The property is located at 119 N Sycamore Street Petersburg, VA.
What is the lease rate?
The lease rate is $2,800/Mo.
What are key features of this property?
This property features: Two floors can be leased together or separately; Renovated property originally built in 1969; Conference areas and a spacious parking lot
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