301 South Blvd, Petersburg, VA 23805
This expansive Petersburg, VA commercial property, encompassing 16,244 square feet on a 2.85-acre lot, is offered at $2,499,000. The property features a large sanctuary with an upstairs balcony and built-in baptism pool, a choir room, pastor's study with private bath, library, nursery, and two fellowship halls (one accommodating 140, the other 40). Additional space includes six classrooms, a reception office, secretary office, conference room, vestibule, utility room, and multiple multipurpose rooms. Six bathrooms are conveniently located throughout the building. The property also includes a pipe organ, Hammond organ, assorted chairs, large conference tables, office furniture, computers, copying machines, two trailers, and two detached sheds. An AED defibrillator is installed for safety. The seller is offering most furnishings, presenting a turnkey opportunity for immediate use. This versatile property is ideal for a church, community organization, or other suitable entity seeking a well-equipped and spacious facility.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.