218 Old Church St Petersburg, VA 23803-3434
Property profile & analytics
218 Old Church St Petersburg, VA 23803-3434
- Turn key restaurants
- 750 SF
- 0.07 lot acres
Property ID
US87-1592855
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Turn key restaurants
Property Details for 218 Old Church St
- Year built
- 1994
- Lot size
- 0.07 lot acres
- Property size
- 750 SF
- Zone code
- R-3
- Property type
- Turn key restaurants
- APN
- 12050006
- APU
- 12050006
Description
This exceptional 750-square-foot commercial property, located at 218 N Old Church Street in Petersburg, Virginia, presents a unique investment opportunity. Situated on a 0.07-acre lot, this building boasts a rich history, having served as a long-standing neighborhood establishment for over five decades. Its prominent position within the community underscores its significant potential for future growth and development. The property is being sold "as is," a condition that should be explicitly included in any offer. While inspections are permitted, they are strictly for informational purposes only. All appliances and furniture included in the sale will convey in their current "as is" condition. Please note that the year the building was constructed is not currently verifiable. This presents a chance to acquire a well-established commercial space with considerable upside, ripe for revitalization or continued operation within a thriving community. The asking price is $99,000. Serious inquiries are encouraged to explore this compelling investment prospect. The property's location in Petersburg, VA offers easy access to major transportation routes and a diverse customer base. This is an excellent opportunity for an entrepreneur or investor looking to establish or expand their business in a vibrant and growing area.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Petersburg
- County
- Petersburg City
- State
- Virginia
- Longitude
- -77.393
- Latitude
- 37.2339
- CBSA code
- 40060
- CBSA name
- RICHMOND, VA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2019
$340
$6,700
$18,500
$25,200
-
$6,700
$18,500
$25,200
