25 S Sycamore Street Petersburg, VA $ 209,000
25 S Sycamore Street
$ 209,000
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25 S Sycamore Street

Petersburg, VA, 23803
$ 209,000
Baths0.0 Sq 6,188

Monthly Estimate*

$ 1,460

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Studio Commercial Property for sale in Petersburg, VA for $209,000. This 6,188 square foot building was built in 1910 on a lot size of 0.007.

ENTREPRENEURS...DON'T SLEEP ON PETERSBURG! This 2-story Downtown Petersburg storefront building offers multiple possibilities. Located a few blocks south of Old Towne and just a block from the NEW Transit Center parking garage, this part of downtown is prime for new development. SMART INVESTORS have taken notice since Gov. Youngkin announced the Partnership for Petersburg initiative. This building is full of vintage charm with original tin ceilings and solid industrial-strength wood flooring on the second floor. It could be used for retail or office space with possible loft-style living space upstairs. Full bathroom upstairs, 2 half-baths downstairs. Partial basement for storage. Upgraded in 2019 with new electric boxes, outlets and a premium LED lighting system for the showroom floor. Gas heat on both levels and central A/C downstairs. Recently in use as the factory and showroom for Ignatius Hats, operational at this location 2019-2022. Parking is available for rent in the lot behind the building. SYNTHETIC MEMBRANE ROOF. Priced to sell AS-IS. A reasonable Inspection/Due Diligence Period will be allowed. May be eligible for Historic Renovation TAX CREDITS.

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Commercial Pending

Price

$ 209,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 0

Style

Commercial Sale

Lot Size

0.007

Year Built

1910

Town/City

Petersburg

County/Region

PETERSBURG

MLS | Web ID

2320507

Features
General
Sewer PublicSewer
Heating ForcedAir NaturalGas Zoned
Possession CloseOfEscrow
Roof Flat Rubber
Construction Materials Brick
Year Built 1910
Stories 2
Topography Level
Levels Two
Percent Ownership Owner-User
County Petersburg
New Construction N
Property Type CommercialSale
HOA / Comm Assn N
Attached Garage N
Possible Use MixedUse Office Retail
Garage Y/N N
Building Features SingleTenant
Status Pending
View Y/N N
Senior Community Y/N N
MLS Area 57 - Petersburg
Waterfront Y/N N
Carport Y/N N
Street Name Sycamore
Property Attached Y/N N
Year Built Details Unknown
Land Lease Y/N N
Home Warranty Y/N N
Property Condition SeeRemarks
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 237
Standard Status Pending
Tax Assessed Value 123200
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Exterior
Lot Features Level
Water Source Public
Total Parking 0.0
Lot Size Area 0.007
Spa N
Building Area Total 6188.0
Lot Size Acres 0.007
Lot Size Units Acres
Road Frontage Type CityStreet
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Total Stories 2
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Full Baths 0
Half Baths 0
Street Suffix Street
Electric On Property Y/N N
Total Baths 0
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* Excluded Features
List By
Jeff Blaha

Listing Agent

Hometown Realty

Broker

jblaha@htrsi.com

Email

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$1,460
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Monthly Principal & Interest
$1,460
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Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1821039 Elementary School
1821205 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/25/2023$209,000 -8.73% Price Down
8/23/2023$229,000 Listed Price

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25 S Sycamore Street, Petersburg, VA, 23803 is a Commercial Property for sale at $209,000 with 6,188 sqft and a lot size of 0.007. 25 S Sycamore Street is a studio with 0.0 baths and was built in 1910. The property's zip code is 23803 which is in Petersburg, VA