28 Virginia Ave Petersburg, WV 26847-1740
This exceptional commercial property, located at 28 VIRGINIA Avenue in Petersburg, West Virginia, presents a unique investment opportunity. Boasting a substantial 5,000 square feet of space, this versatile property sits on a generous 0.78-acre lot, offering ample room for expansion or outdoor utilization. The building's current configuration is described as "Other," allowing for a wide range of potential uses, from retail and office space to light industrial or specialized businesses. The property's strategic location in Petersburg provides convenient access to local amenities and transportation routes, making it an attractive option for businesses seeking a strong foothold in the community. The asking price of $1,500,000 reflects the property's significant size, prime location, and adaptability. This is an excellent chance to acquire a substantial commercial property with considerable potential for growth and return on investment. Serious inquiries are encouraged to explore the possibilities this property offers. Further details regarding the property's specific features and zoning regulations are available upon request. Don't miss this opportunity to secure a valuable asset in a thriving West Virginia market. The property is ready for immediate occupancy and offers a blank canvas for your business vision.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.