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Historic Retail and Office Building
New
For Sale
$290,000
Pending

414 N Sycamore Street, Petersburg, VA 23803

CommercialSale, Petersburg, VA

Property SizeContact for details
Days on Market4

Property Features for 414 N Sycamore Street

General Information

Property type Commercial Sale
Property subtype Other
Subdivision 57 - Petersburg
Standard status Pending
APN 011-130014

Taxes and HOA fees

Tax Description 0.035 Acres
Legal Description 0.035 Acres

Building Details

Year built 1815
Listing Agency: Parr & Abernathy Realty, Inc.
Listed By: Bill Hartsock · License #0225049484
Added: Oct 12 Last Checked: Oct 15 at 4:06AM
MLS# 2627804

Copyright © 2026 Central Virginia Regional Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This mixed-use property in Petersburg’s downtown historic district has a ground-floor retail area and three upper floors configured as offices. The upper-level spaces have partition walls, allowing for different office layouts. Each floor has its own HVAC unit, and the retail area has separate electric service, cable, Ethernet, and a security system. Plumbing and zoned electric service were installed during a renovation in the late 1980s.

Exterior work includes repointing, stucco, and paint on the front façade, along with a painted roof and sealed, coated gutters. The upper floors have been identified as candidates for apartment conversion, or they may continue in office use.

Key Highlights

  • Ground‑floor retail with three floors of office space above
  • Separate HVAC unit on each floor
  • Retail area has separate electric service, cable, Ethernet, and a security system

Property Analytics

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Current Use

Duck Mobile Detail ... Car Wash Crittenden Adjustment Co Insurance Agency

Suggested Use

Top Pick Butcher Veterinary Clinic Garden Center (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom 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

Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

976
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Ground-floor retail is paired with three upper levels of office space in Petersburg’s downtown historic district.
Where is this mixed-use property located?
The property is located at 414 N Sycamore Street Petersburg, VA.
What is the asking price?
The asking price for this property is $290,000.
What are key features of this property?
This property features: Ground‑floor retail with three floors of office space above; Separate HVAC unit on each floor; Retail area has separate electric service, cable, Ethernet, and a security system
More about this property
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