1202 Washington St Petersburg, VA 23803
- Churches & religious facilities
- 15,500 SF
- 1.71 lot acres
Current Use by Public Records
- Churches & religious facilities
Property Details for 1202 Washington St
- Year built
- 1960
- Lot size
- 1.71 lot acres
- Property size
- 15,500 SF
- Property type
- Churches & religious facilities
- Property subtype
- Day care centers
- APN
- 024-250005
Description
This exceptional 16,000 sq ft mixed-use property in Petersburg, VA, presents a unique investment opportunity. Located at 1202 W Washington St, this two-story building sits on a 1.71-acre lot and boasts 15,500-16,500 total square feet. Built in 1960 with renovations within the last 5-10 years, the property features two buildings and offers a flexible layout ideal for diverse uses. Currently at 20% occupancy, the building's zoning (B-2) allows for a wide range of possibilities, including creative office space, daycare, or religious use. The property includes one loading dock with one dock-high door, and ceiling heights range from 8 to 15 feet. The interior features multiple offices, classrooms, conference rooms, and event space, some of which are furnished. The previous uses included a grocery store and lumberyard, highlighting the adaptability of the floor plan. The current owner is open to leasing back a portion of the space after the sale, though this is not a requirement. This property offers significant income-generating potential and is priced at $1,399,000. The APN is 024-250005. Schedule a showing to explore the limitless possibilities this property offers.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Petersburg
- County
- Petersburg City
- State
- Virginia
- Longitude
- -77.423459771772
- Latitude
- 37.222403170755
