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    39 Riv St Petersburg, VA 23803-4554
    Property profile & analytics

    39 Riv St Petersburg, VA 23803-4554


    • Retail space
    • 12,918 SF
    • 0.27 lot acres
    Off-Market
    Property ID
    US87-1435370
    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.

    Value Estimations
    $1,280,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Eckz Productions LLC / Film Production

    Property Details for 39 Riv St

    Year built
    1850
    Lot size
    0.27 lot acres
    Property size
    12,918 SF
    Zone code
    B-3
    Property type
    Retail space
    APN
    11010804
    APU
    11010804

    Description

    This exceptional 7,547 square foot, two-story building at 39 River Street in Petersburg, VA (zip code 23803), offers a unique blend of historic charm and modern amenities. Originally constructed in 1900 and renovated in 2012, this single-tenancy property boasts 4,654 square feet of vacant space, ideal for a restaurant or other retail use. Located in the B3 zoned Historic Old Towne district, near the Appomattox River, the property features original oak flooring, decorative period lighting, and large historic windows. The space includes a full-scale restaurant setup with a built-in bar, private dining area, stage, and a take-out area. The kitchen is equipped with ample prep and storage space, a grease trap, and a side door for deliveries. Modern conveniences include central heating and air conditioning, an ADA-compliant entrance and restroom, and eight off-street parking spaces. Outdoor seating is also available. The property's rich history includes serving as a dining location for the cast and crew of the movie "Lincoln." This location offers a unique opportunity to establish a business in a vibrant and historic setting. The 0.272-acre lot provides ample space for outdoor operations. The property's airport subtype designation suggests proximity to an airport, though further details are not provided.


    Value Estimations

    based on Realmo’s proprietary methodology
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $1,382,000
      Market price range: $408k - $1.38M
    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $870,000
      Current use
      RESTAURANT
      $1,620,000
      Change: +86% Conversion: Easy
      AUTO REPAIR, GARAGE
      $1,420,000
      Change: +63% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $1,065,000
      Change: +22% Conversion: Easy
      MEDICAL BUILDING
      $780,000
      Change: -10% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Petersburg
    County
    Petersburg City
    State
    Virginia
    Longitude
    -77.4035
    Latitude
    37.2341
    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
    $21,339
    $120,000
    $1,230,000
    $1,350,000
    -
    $120,000
    $1,230,000
    $1,350,000
    More about this property
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