Property profile

210 Market St Petersburg, VA 23803

OFF-MARKET
Commercial real estate
Property ID
US87-1534756
11,734 SF Built 1858
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional 11,734 square foot property, located at 210 S Market Street in Petersburg, Virginia, presents a unique investment opportunity. Currently configured as a church and listed on the National Register of Historic Places, this building offers immense versatility. The spacious interior includes a large sanctuary with an upstairs balcony and a built-in baptismal pool, a well-maintained historic pipe organ (included in the sale), multiple classrooms, nursery space, ample storage, and office areas. A substantial industrial kitchen is perfect for supporting large gatherings and events. The property's immediate usability is a significant advantage, allowing for swift adaptation to various purposes. Beyond its current use, the building's size and features lend themselves to a wide range of potential future developments. The sale includes an adjacent lot (separate parcel), providing extensive parking for attendees or clients. This prime location in Petersburg offers incredible potential for community impact and significant return on investment. This is a rare chance to acquire a piece of Petersburg's rich history and shape its future. The property's historical significance and adaptable layout make it an exceptional asset.

Property profile

Verified
Property type Commercial real estate
Year built 1858
Total area 11,734 SF
UPID US87-1534756

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Church
  • Home Health Care Service

Location

210 Market St Petersburg, VA 23803
Petersburg metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 210 Market St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message