Freestanding Commercial Building with Central
For Sale
$279,000
530 S Crater Road, Petersburg, VA 23803
Single building includes electric heat, central air, multiple rooms, kitchen, bathroom, and ample parking.
Property Size1,380 SF
Price / SF$202.17
Days on Market273
Property Features for 530 S Crater Road
General Information
Standard status
Active
Size
1,380 SF
Property subtype
General Commercial
Amenities
Central Air, Electric
3
Level
City Road, Level.
Building Details
Year Built
1947
Tenancy
Single
Listing Agency:
Napier Realtors, ERA
(804) 931-4072
Listed By:
David Patsel
(804) 931-4072
Source:
Xome
Added: Nov 23, 2025
Changed: Aug 23
Last Checked: Aug 23 at 7:07AM
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 Napier Realtors, ERA
Investment Insights
Based on property information with market context.
This free-standing commercial building for sale in Petersburg, VA includes electric heat and central air, several rooms, a kitchen, and a bathroom. The property offers ample parking and has previously operated as a gas station, restaurant, and insurance agency, and it is currently used as a day care center.
The current tenant is paying $1,850.00 for 2026, with annual percentage increases during the remaining lease term. The lease runs through March 31, 2030, with scheduled rents of $1,900.00 on April 1, 2027; $1,950.00 on April 1, 2028; and $2,010.00 on April 1, 2029.
Also included is a commercial billboard sign on the property, with a separate lease that ends July 31, 2034 and an annual rent of $3,600.00. Per the terms provided, the tenant is responsible for paying property taxes and insurance, building maintenance, and all utilities.
The current tenant is paying $1,850.00 for 2026, with annual percentage increases during the remaining lease term. The lease runs through March 31, 2030, with scheduled rents of $1,900.00 on April 1, 2027; $1,950.00 on April 1, 2028; and $2,010.00 on April 1, 2029.
Also included is a commercial billboard sign on the property, with a separate lease that ends July 31, 2034 and an annual rent of $3,600.00. Per the terms provided, the tenant is responsible for paying property taxes and insurance, building maintenance, and all utilities.
Key Highlights
- Free‑standing commercial building with 1,380 SF, electric heat, and central air
- Multiple rooms plus a kitchen and bathroom
- Ample on‑site parking
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
151
Businesses Nearby
Well-served
Demand for This Use
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
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Similar Off Market Nearby
- Sunrise Childcare LLC — 603 S Sycamore St, Petersburg, VA 23803
- My Little Angels Childcare — 530 S Crater Rd, Petersburg, VA 23803, United States
- Q’s Precious Angels Daycare — 530 S Crater Rd, Petersburg, VA 23803
Frequently Asked Questions
What type of property is this?
Day care center - Single building includes electric heat, central air, multiple rooms, kitchen, bathroom, and ample parking.
Where is this day care center located?
The property is located at 530 S Crater Road Petersburg, VA.
What is the asking price?
The asking price for this property is $279,000.
What are key features of this property?
This property features: Free‑standing commercial building with 1,380 SF, electric heat, and central air; Multiple rooms plus a kitchen and bathroom; Ample on‑site parking
