Live - Work Space

Petersburg, VA Live-work Space for Sale

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Remodeled Duplex With Live-Work Flexibility
Updated: Sep 10
Remodeled Duplex With Live-Work Flexibility

625 Grove Avenue, Petersburg, VA 23803

$289,999
1,764 sqft 0.07 AC lot
1,764‑square‑foot duplex on a 0.0713‑acre lot
Two‑level layout can function as separate units or a connected live/work space
Street‑level area includes a full bath and rear room/office
Lower level has the ability to add a kitchen
Located near shops, restaurants, and attractions in Historic Old Towne Petersburg
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Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

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Est. NOI available after sign in
Local Demand available after sign in
Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Petersburg, VA, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Renovated Mixed-Use Duplex
Renovated Mixed-Use Duplex

1521 Hull St, Richmond, VA 23224

$425,000
2,903 sqft

Two-story configuration combines a ground-floor storefront studio with an upper-level apartment.

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Mixed-Use Property with Duplex
Mixed-Use Property with Duplex

12910 John Clayton Memorial Highway, North, VA 23128

$425,000
2,574 sqft 2.97 AC lot

Mixed-use asset combining remodeled residential units, a rentable shop, and detached storage improvements on private acreage.

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Mixed-Use Live-Work Building
Mixed-Use Live-Work Building

311 North 2nd Street, Richmond, VA 23219

Contact for pricing
2,738 sqft

Renovated mixed-use building with a first-floor commercial office studio and three residential units, including skylights and a roof deck.

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Remodeled Duplex with Detached Shop
Remodeled Duplex with Detached Shop

12910 John Clayton Mem Highway, North, VA 23128

$425,000
2,574 sqft 2.97 AC lot

Two residential units accompany a separate shop, garage, and fenced grounds.

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Petersburg, VA Live-Work Space Market Trends and Statistics

Explore 1 live-work space for sale in Petersburg, VA on our real estate platform. These investment opportunities span a total of 1,764 square feet of properties for sale, with an estimated market value of $289,999.

Sale prices for live-work properties in Petersburg, VA average $289,999 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Office Units 3
Creative space 1
Medical Office Space 1
Office buildings 1

Demographics Overview

Population 71K
Population Growth (5Y) +24.0%
Median Household Income $61,750
College Educated 20.7%

Taxes & Financing

Tax Rate (average for all types) 1.19%
Property Tax per SF $20.20 per SF
Tax Rate vs County Average 0.05 pp above county avg
Average Loan-to-Value 65.0%

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