1310 Washington St Petersburg, VA 23803
- Commercial real estate
- 0.33 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 1310 Washington St
- Lot size
- 0.33 lot acres
- Property type
- Commercial real estate
Description
This exceptional commercial property presents a unique investment opportunity in the vibrant city of Petersburg, Virginia. Located at 1310 Washington Street, this 0.33-acre lot encompasses a substantial 14,250 square feet of raw land, ready for development. The property includes three addresses: 1310, 1312, and 1314 West Washington Street, offering flexibility for various projects. The site is zoned B2, providing a wide range of commercial development possibilities. Importantly, a special use permit (R5) has already been secured, specifically allowing for multi-family residential construction. This pre-approved permit significantly streamlines the development process, reducing potential delays and costs associated with obtaining necessary approvals. The strategic location offers excellent visibility and accessibility, making it an ideal site for a variety of commercial ventures, including multi-family housing, which is currently in high demand. This property is priced competitively at $110,000, representing a compelling value for investors seeking a prime location with development potential in a growing market. Don't miss this chance to acquire a versatile and strategically located commercial parcel in Petersburg, VA.
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
- State
- Virginia
- Longitude
- -77.42497
- Latitude
- 37.2216
