Mixed-Use Property With
For Sale
Contact for pricing
27 W Bank St, Petersburg, VA 23803
Historic downtown asset combines residential occupancy with commercial space near established retailers and major transportation routes.
Property SizeContact for details
Days on Market143
Property Features for 27 W Bank St
General Information
Standard status
Active
Property subtype
Mixed Use, Retail, Multifamily
Property Condition
Severity
Repairs Needed
Evidence
opportunity to modernize interior finishes
Additional Details
Highway Access
Yes
Multifamily Units
5
Building Details
Year Renovated
2010
Listing Agency:
Colliers - Richmond, Virginia
Listed By:
Garrison Gore · License #VA 225239707
Source:
Crexi
Added: Apr 12
Changed: Aug 31
Last Checked: Aug 30 at 2:36AM
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 Colliers - Richmond, Virginia
Investment Insights
Based on property information with market context.
This mixed-use property contains five apartment units and two commercial units within a historic downtown building. The property underwent a full rehabilitation in 2010 using historic tax credits, with no subsequent upgrades identified in the provided information.
The building is located in Downtown Petersburg among retailers and establishments including Trapezium Brewery, Brickhouse Run, Old Towne’s Alibi, and Demolition Coffee. Highway 301 and I-95 are minutes away, connecting the property with Petersburg’s broader employment and amenity centers.
The building is located in Downtown Petersburg among retailers and establishments including Trapezium Brewery, Brickhouse Run, Old Towne’s Alibi, and Demolition Coffee. Highway 301 and I-95 are minutes away, connecting the property with Petersburg’s broader employment and amenity centers.
Key Highlights
- Five apartment units and two commercial units
- Full rehabilitation completed in 2010
- Historic tax credits used in the rehabilitation
Property Analytics
Property Profile
Current Use
Lease Details
5
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,048
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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Mixed-use property - Historic downtown asset combines residential occupancy with commercial space near established retailers and major transportation routes.
Where is this mixed-use property located?
The property is located at 27 W Bank St Petersburg, VA.
What are key features of this property?
This property features: Five apartment units and two commercial units; Full rehabilitation completed in 2010; Historic tax credits used in the rehabilitation
