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    Petersburg, VA Office Buildings for Sale

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    Prince George, VA Hopewell, VA Colonial Heights, VA
    Former Bank Building For Sale
    $1,200,000
    1.03 Acres
    Former Bank Building For Sale

    1965 Wakefield Avenue, Petersburg, VA 23805

    Three-story commercial building with leaseback opportunity in Petersburg, VA.
    • Existing leaseback agreement with Blue Ridge Bank (BRB) provides immediate and stable income.
    • BRB branch bank occupies the first floor, ensuring consistent occupancy and traffic.
    • Second floor is currently rented, offering additional income stream.
    • Third floor is available for rent, presenting an opportunity for increased revenue.
    • Property was formerly a main bank office, suggesting a robust and well‑maintained infrastructure.
    Updated: Mar 11
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    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Petersburg, VA, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    Richmond Office Building For Sale
    Contact for pricing
    11,000 SF
    Richmond Office Building For Sale

    Office building with leaseback opportunity in Richmond's Enterprise Zone.

    4605 Commerce Road |, Richmond, VA 23234

    View details
    Richmond Office Building For Sale
    $6,500,000
    41,806 SF
    Richmond Office Building For Sale

    Office building for sale in Richmond, Virginia.

    2500 - 2505 Pocoshock Pl, Richmond, VA 23235

    View details
    Chester Office Building For Sale
    Contact for pricing
    143,000 SF
    Chester Office Building For Sale

    Office building with 143,000 square feet available for sale.

    13203 N Enon Church Rd, Chester, VA 23836

    View details
    Corporate Office Campus Near Park
    Contact for pricing
    143,000 SF
    Corporate Office Campus Near Park

    143,000± SF office building on 9.73 acres for sale.

    13203 N Enon Church Rd, Chester, VA

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Prime Land Near Kroger Center
    $435,000
    0.75 Acres
    Prime Land Near Kroger Center

    Two lots near Kroger shopping center with business potential.

    6641, 6625 Greenyard Road, Chester, VA 23831

    View details
    Richmond Land For Commercial Use
    $225,000
    0.70 Acres
    Richmond Land For Commercial Use

    Elevated lot suitable for office, retail, or food service.

    4801 Ridgedale Parkway, Richmond, VA 23234

    View details
    Commercial Development Site on Charter
    Contact for pricing
    5.00 Acres
    Commercial Development Site on Charter

    5-acre commercial development site at a signalized intersection.

    13530 Tredegar Lake Pkwy, Midlothian, VA 23112

    View details
    Vacant Lot on 25th Street
    $165,000
    Vacant Lot on 25th Street

    Vacant commercial lot in vibrant Church Hill neighborhood.

    1205 N 25th St, Richmond, VA 23223

    View details

    Petersburg, VA Office Buildings Investment Opportunities Market Analysis

    Explore 1 office buildings for sale in Petersburg, VA on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $1,200,000.

    Sale prices for office properties in Petersburg, VA start at $1,200,000, averaging $1,200,000, and reaching up to $1,200,000 — 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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    6-Month New Listing Trend

    Monthly new listing volume vs. 6-month average in Petersburg.

    Top Commercial Asset Segments

    Office Units 7
    Medical Office Space 3
    Coworking space 1
    Office buildings 1

    Demographics Overview

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

    High-Yield Neighborhoods for Strategic Investment

    Identify Petersburg submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    23805 $1.2M

    Taxes & Financing

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

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