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    Petersburg, VA
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    Petersburg, VA Retail Properties & Spaces for Sale

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    Petersburg Retail Center on Crater
    Updated: Mar 4
    Petersburg Retail Center on Crater

    2825 S Crater Rd, Petersburg, VA 23805

    $1,300,000
    10,578 sqft
    High‑visibility location on S Crater Road with excellent frontage and signage opportunities.
    Located less than a mile from the future Live! Casino & Hotel Virginia and near Fort Gregg‑Adams, benefiting from strong daytime population and workforce density.
    Versatile five‑bay layout suitable for retail, restaurant, personal service, office, and medical office uses.
    Opportunity Zone location offering potential tax benefits.
    Currently 50% leased, providing immediate income with upside potential through lease‑up.
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    This listing looks promising.

    Here's a quick look at some key insights for

    2825 S Crater Rd, Petersburg, VA 23805

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    • Est. Cap Rate

      8.9%
      Above avg (5.9%)

    • Est. NOI

      $115K
      Annual

    • Price @ 7% Cap

      $1.65M
      Above asking

    • Property Type

      Commercial (General)
      Built 1994
    View Property Analytics
    Automotive Retail Property
    Updated: May 13
    Automotive Retail Property

    3130 S Crater Rd, Petersburg, VA 23805

    $1,105,000
    8,075 sqft
    Automotive‑oriented property built in 1993
    Marketed with an 8.25% cap rate
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    Historic Two-Story Retail Building
    Historic Two-Story Retail Building

    128 North Sycamore, Petersburg, VA 23803

    $400,000
    19,600 sqft

    Two-story brick retail building with a full basement and a roof completed in 2021, operating as a beauty supply shop.

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    Retail Investment with 7% Cap
    Retail Investment with 7% Cap

    1847 Boydton Plank Rd, Petersburg, VA 23805

    Contact for pricing
    9,180 sqft

    For sale retail property totaling 9,180 SF, marketed with a stated 7% capitalization rate.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Commercial Building with Restaurant Space
    Commercial Building with Restaurant Space

    2019 E Washington Street, Petersburg, VA 23803

    $379,000
    2,400 sqft

    2400 sq ft commercial building with restaurant and retail.

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    Commercial Building Near Interstate
    Commercial Building Near Interstate

    Petersburg, VA 23803

    $299,800
    0.15 AC lot

    Commercial building with rental income potential near major interstates.

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    Former Bank Building For Sale
    Former Bank Building For Sale

    1965 Wakefield Avenue, Petersburg, VA 23805

    $1,200,000
    1.03 AC lot

    Three-story commercial building with leaseback opportunity in Petersburg, VA.

    View details
    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 7 Active listings in Petersburg, VA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 65 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Versatile Commercial Property with Garage
    Versatile Commercial Property with Garage

    3607 Woodlawn St, Hopewell, VA 23860

    $800,000
    3,128 sqft

    Commercial property featuring a garage, office, and essential amenities.

    View details
    Colonial Heights Pharmacy Investment
    Colonial Heights Pharmacy Investment

    2000 Snead Ave, Colonial Heights, VA 23834

    $295,000
    765 sqft

    Established pharmacy with drive-thru in high-traffic Colonial Heights.

    View details
    Flex Space Property with Multiple Buildings
    Flex Space Property with Multiple Buildings

    2313 Oaklawn Blvd, Hopewell, VA 23860

    Contact for pricing
    7,519 sqft

    Cross-commercial site with 2–3 buildings totaling 7,519 SF, currently fully leased on a month-to-month basis.

    View details
    Retail Outparcels Near I-95
    Retail Outparcels Near I-95

    Colonial Heights, VA

    Contact for pricing
    0.29 AC lot

    Retail outparcels available for sale, lease, or build-to-suit.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Prime Commercial Land Opportunity
    Prime Commercial Land Opportunity

    0000 Wagner Rd, Petersburg, VA 23803

    $3,750,000
    49.29 AC lot

    Commercial land available at signalized intersection of Route 460.

    View details
    Commercial Land in Prince George
    Commercial Land in Prince George

    Wagner Way, Prince George, VA 23803

    $3,750,000
    50.00 AC lot

    Commercial land at signalized intersection near I-295 and I-95.

    View details
    Commercially Zoned Land in Chester
    Commercially Zoned Land in Chester

    16212 Harrowgate Rd |, Chester, VA 23831

    $375,000

    Commercially zoned land in a strong residential community.

    View details
    Land For Sale
    Land For Sale

    15904-15920 Happy Hill Road, Colonial Heights, VA 23834

    $840,000

    Land available for sale.

    View details

    Off-Market Properties in Petersburg, VA

    Consider similar Off-Market properties in Petersburg, VA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    123 Un St
    RETAIL STORES (PERSONAL SERVICES)

    123 Un St, Petersburg, VA 23803

    $2,675,000
    Estimated value
    26,451 sqft 0.54 AC lot
    View details
    136 Sycamore St
    RETAIL STORES (PERSONAL SERVICES)

    136 Sycamore St, Petersburg, VA 23803

    $2,600,000
    Estimated value
    0.54 AC lot
    View details
    1202 Washington St
    Churches & religious facilities

    1202 Washington St, Petersburg, VA 23803

    Value Estimation by Request
    15,500 sqft 1.71 AC lot
    View details
    6460 Boydton Plank Rd
    Automotive properties

    6460 Boydton Plank Rd, Petersburg, VA 23803

    Value Estimation by Request
    View details
    1345 Youngs Rd
    RETAIL STORES (PERSONAL SERVICES)

    1345 Youngs Rd, Petersburg, VA 23803-6202

    Value Estimation by Request
    1,088 sqft 0.16 AC lot
    View details
    820 Young Ave
    PARKING LOT

    820 Young Ave, Petersburg, VA 23803-4971

    Value Estimation by Request
    1,316 sqft 0.08 AC lot
    View details
    24 Wythe St, Unit 32
    RETAIL STORES (PERSONAL SERVICES)

    24 Wythe St, Petersburg, VA 23803-4534

    Unit 32
    Value Estimation by Request
    11,820 sqft 0.48 AC lot
    View details
    28 Wythe St
    PARKING LOT

    28 Wythe St, Petersburg, VA 23803-4534

    Value Estimation by Request
    0.29 AC lot
    View details
    11 Wythe St
    PARKING LOT

    11 Wythe St, Petersburg, VA 23803

    Value Estimation by Request
    0.11 AC lot
    View details
    8 Wythe St
    RETAIL STORES (PERSONAL SERVICES)

    8 Wythe St, Petersburg, VA 23803-4534

    Value Estimation by Request
    2,635 sqft 0.40 AC lot
    View details
    1 Wythe St
    RETAIL STORES (PERSONAL SERVICES)

    1 Wythe St, Petersburg, VA 23803-4533

    Value Estimation by Request
    2,750 sqft 0.06 AC lot
    View details
    101 Wythe St
    AUTO REPAIR, GARAGE

    101 Wythe St, Petersburg, VA 23803-4535

    Value Estimation by Request
    1,008 sqft 0.26 AC lot
    View details
    320 Wythe St
    RETAIL STORES (PERSONAL SERVICES)

    320 Wythe St, Petersburg, VA 23803-4351

    Value Estimation by Request
    8,307 sqft 1.76 AC lot
    View details
    840 Wythe St
    RETAIL STORES (PERSONAL SERVICES)

    840 Wythe St, Petersburg, VA 23803-3542

    Value Estimation by Request
    2,980 sqft 0.22 AC lot
    View details
    128 Wythe St
    PARKING LOT

    128 Wythe St, Petersburg, VA 23803-4536

    Value Estimation by Request
    1.86 AC lot
    View details
    17 Wythe St
    RETAIL STORES (PERSONAL SERVICES)

    17 Wythe St, Petersburg, VA 23803-4533

    Value Estimation by Request
    2,295 sqft 0.05 AC lot
    View details
    405 Wythe St
    RETAIL STORES (PERSONAL SERVICES)

    405 Wythe St, Petersburg, VA 23803-4405

    Value Estimation by Request
    1,660 sqft 0.40 AC lot
    View details

    Petersburg, VA Retail Properties & Spaces Market Trends and Statistics

    Explore 72 retail properties & spaces for sale in Petersburg, VA, showcased through 7 active listings on our real estate platform. These investment opportunities span a total of 40,653 square feet of properties for sale, with an estimated market value of $3,184,000.

    Sale prices for stores in Petersburg, VA start at $379,000, averaging $796,000, and reaching up to $1,300,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Shopping centers 6
    Banks 1
    Grocery and convenience stores 1

    Demographics Overview

    Population 71K
    Population Growth (5Y) +24.0%
    Median Household Income $61,750
    College Educated 20.7%

    High-Yield Neighborhoods for Investment

    Identify Petersburg submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    23803 $616.7K
    23805 $1.3M

    Taxes & Financing

    Tax Rate (average for all types) 1.19%
    Property Tax per SF $20.20 per SF
    Tax Rate vs County Average 0.05 pp above county avg
    Average Loan-to-Value 65.0%

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