Petersburg, VA
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    Petersburg, VA Office Units for Sale

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    Prince George, VA Hopewell, VA Colonial Heights, VA
    Historic Old Towne Mixed-Use Building
    $389,000
    2,900 SF
    Historic Old Towne Mixed-Use Building

    124 W Bank St, Petersburg, VA 23803

    Circa-1820 brick building in downtown Petersburg with income potential.
    • Prime location in the heart of Old Towne Petersburg, steps from restaurants, galleries, shops, and entertainment.
    • Versatile B‑3 zoning allows for a wide range of commercial and residential uses.
    • Duplex configuration with separate entrances, utilities, and mailboxes provides income potential.
    • Recent major improvements including a new TPO roof (2025), new second‑floor HVAC (2025), and waterproofed basement.
    • Private rooftop terrace offers outdoor living space and views of the historic downtown district.
    Updated: Apr 26
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    Petersburg Retail Center on Crater
    $1,300,000
    10,578 SF
    Petersburg Retail Center on Crater

    2825 S Crater Rd, Petersburg, VA 23805

    Five-bay retail center with high visibility and growth potential.
    • High‑visibility location on S Crater Road with excellent frontage and signage opportunities.
    • Located less than a mile from the future Live! Casino & Hotel Virginia and near Fort Gregg‑Adams, benefiting from strong daytime population and workforce density.
    • Versatile five‑bay layout suitable for retail, restaurant, personal service, office, and medical office uses.
    • Opportunity Zone location offering potential tax benefits.
    • Currently 50% leased, providing immediate income with upside potential through lease‑up.
    Updated: Mar 4
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    Commercial Condo in Petersburg, VA
    $115,000
    1,500 SF
    Commercial Condo in Petersburg, VA

    Commercial condo for sale in a growing Petersburg location.

    2018 E Washington St, Petersburg, VA

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    Based on your search, we've compiled 8 Potential Opportunities for your consideration. Besides 3 Active listings in Petersburg, VA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

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

    Modern Condo Unit Investment Opportunity
    Contact for pricing
    5,728 SF
    Modern Condo Unit Investment Opportunity

    5,728 SF condo unit in thriving Prince George area.

    4720 Puddledock Rd, Prince George, VA 23875

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    Commercial Building Near Ft. Gregg-Adams
    $325,000
    0.81 Acres
    Commercial Building Near Ft. Gregg-Adams

    Commercial building near Ft. Gregg-Adams with ample parking.

    Prince George, VA 23875

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    Harbour Park Drive Office Opportunity
    $610,000
    2,544 SF
    Harbour Park Drive Office Opportunity

    Office property suitable for medical or professional use.

    5924-5930 Harbour Park Dr, Midlothian, VA

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    Office Space with Ample Parking
    Contact for pricing
    4,067 SF
    Office Space with Ample Parking

    Office space for rent in a high-growth corridor.

    5001-5061 Craig Rath Blvd, Midlothian, VA

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    Off-Market Properties in Petersburg, VA

    Consider similar Off-Market properties in Petersburg, VA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    1202 Washington St
    Churches & religious facilities
    15,500 SF Lot: 1.71 Acres

    1202 Washington St, Petersburg, VA 23803

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    Petersburg, VA Office Units Investment Opportunities Market Analysis

    Explore 4 office units for sale in Petersburg, VA, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 14,978 square feet of properties for sale, with an estimated market value of $1,804,000.

    Sale prices for office units in Petersburg, VA start at $115,000, averaging $601,333, and reaching up to $1,300,000 — 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    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 Investment

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

    Neighborhood Average Price
    23803 $389K
    23805 $1.3M

    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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