Property summary
This exceptional 2,916 square foot commercial property at 215 N Market Street in Petersburg, VA, presents a unique investment opportunity. Nationally registered as a historic property (#38), this building boasts a rich history, having formerly served as the headquarters for the Petersburg Historical Society. Its versatile design allows for a multitude of uses, including conversion into multi-family units or a unique live/workspace. The property's B-3 zoning permits a wide range of commercial… applications, such as retail, office space, and more. Significant financial benefits are available through the property's qualification for historic tax credits, encouraging continued preservation. The building's layout is adaptable, allowing for division into separate suites, ideal for multiple tenants or a mixed-use configuration. Recent upgrades include a newly installed HVAC system (Spring 2023), ensuring efficient climate control. All plumbing is PVC, and the metal roofing is a few years old. Interior features include a fully equipped kitchen and stylish, tiled half-bathrooms on both the main and upper floors. An outdoor oasis awaits with a fenced backyard, complete with a pergola, bar, and lighting—perfect for events or relaxation. The property enjoys a prime location, just 0.2 miles from the soon-to-open Hotel Petersburg and within walking distance of Old Towne Petersburg. The asking price is $435,000. Discussion regarding existing decor is possible.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2019
Value estimate
· Sep 2026Realmo valuation models over county records and 6 qualifying comparable sales.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 6 properties nearbyComparable nearby
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 1,999 SF
- Lot area
- 0.1 ac
- Year built
- 1830
- Stories
- 2
- APN
- 11230043
- Zoning
- B-3
- Assessed value · 2024
- $227,800
- Annual tax · 2019
- $3,075
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Official district profile
The B-3 district encompasses the shopping and office core of the central business district
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Local Zoning Insight
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- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
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- Location Insight
- Alternative use
- Local Zoning Insight
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