2018 Washington St Petersburg, VA 23803
- Retail space
- 1,500 SF
- 0.08 lot acres
Current Use by Public Records
- Retail space
Property Details for 2018 Washington St
- Year built
- 1972
- Lot size
- 0.08 lot acres
- Property size
- 1,500 SF
- Zone code
- B-2
- Property type
- Retail space
- APN
- 4210004
- APU
- 4210004
Description
This exceptional 1,500-square-foot commercial property at 2018 E Washington Street in Petersburg, Virginia, presents a unique investment opportunity. Situated on a main thoroughfare, this well-established three-unit building offers high visibility and accessibility. The property boasts five rooms and two full bathrooms, providing ample space for a variety of commercial uses. A significant advantage is the newly installed roof in 2023, eliminating immediate roof replacement costs. The property's prime location is further enhanced by the recent announcement of a casino development in Petersburg, promising increased foot traffic and economic growth in the area. This presents a compelling opportunity for entrepreneurs seeking a versatile space to establish their business. Potential uses include, but are not limited to, office space, retail storefront, daycare center, restaurant, or studio. The property is priced at $189,999 and offers significant potential for return on investment in the coming years. This is a rare chance to secure a well-maintained commercial space in a rapidly developing area. Don't miss this chance to own a piece of Petersburg's exciting future.
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
- -77.3702
- Latitude
- 37.2389
- CBSA code
- 40060
- CBSA name
- RICHMOND, VA METROPOLITAN STATISTICAL AREA
