This listing has endless possibilities. Situated on 2 acres of land w/ a large paved lot offering plenty of on-site parking, this property is currently being used as a church but could also be a community center or theatre. Enter the building to a beautiful foyer, large sanctuary space w/ carpet, several other rooms to include a couple of offices, lounge/refreshment room, children’s classroom, two public restrooms and a storage room. Next door is an additional building with a full kitchen w/ plenty of counter and cabinet space and dining area for large gatherings. Also on the property are two storage sheds, a fenced in playground and large grass field. This property is a must see! Schedule your tour today!
Opportunity to rehabilitate a historic building in a walkable downtown district with the ability to take advantage of tax credits, enterprise zone credits and a property tax abatement. Petersburg has the distinct charm of small-town America. An elegant place full of cultural and historic landmarks, Petersburg boasts many classical buildings in its historical district. Petersburg is home to a future LIVE Casino and Resort currently under construction and less than a 40-minute drive to the City of Richmond.
Free-standing commercial building for sale in Petersburg! This property has 1,380 square feet, electric heat and central air, several rooms, a kitchen, a bathroom, and ample parking in a convenient location. The property has been a gas station, a restaurant, an insurance agency, and is now a day care center - so many commercial possibilities here! Invest and keep the current tenant for some additional income, flip and resell when the lease is up, collect the rent and turn the building into your dream business at the end of the lease, lots of options here! Current tenant pays $1,800.00 for 2025, and that will go up a percentage every year remaining in the current lease. Current tenant responsible for paying property taxes and insurance, and all utilities. Lease ends March 31st, 2030. Also included is a commercial billboard sign on this property - this lease is up on July 31st, 2034, and the annual rent is $3,600.00! Total of $25,000 in income yearly altogether. Come see it.
Single Family Dwelling with B2 zoning (Verify business usage details with the City) B-2 This district is intended to provide lands primarily for community shopping, recreational, and service activities generally serving a community of several neighborhoods and appropriately located on major collector or arterial roadways. Allowed uses include offices, retail uses, drive-thru and specialty restaurants, automotive filling stations, and live/work dwellings.
M-2/ Intensive and versatile Industrial District. An exceptional opportunity for business owners or investors, off-market investors, 1031 exchange investors seeking a partially functional established warehouse space, perfect for manufacturing, storage delivery, bay doors for truck delivery, and many other industrial type businesses. This functioning industrial property with strong potential for customization, growth, and equity building. That is already experiencing new growth and repair in the immediate area. This 1750 sq. Foot intensive industrial warehouse offers a perfect setup for manufacturing, storage, or light distribution. Perfect for that medium sized business with need for parking and security for afterhours security. Includes truck bay door, open warehouse floor, front receiving area and office workspace and bathroom further compliment this area. Ideal for plumbing, electrical, lawn services, manufacturing, with multiple vehicle and work force, this provides functionality, security, and opportunity, with equity and growth for business expansion, yet at an ideal price. This location offers an opportunity for immediate improvement, and equity growth. Could even be ideal location for creative contracting and leasing contracts for that entrepreneur. Flexable use, strong potential, and potential groth income-based property ready for that next phase of growth.
This immaculate property offers a variety of income sources consisting of a leased ground floor commercial retail space, one 3- bedroom/ 3-bathroom penthouse apartment, three 1 bed/ 1 bath short term rental units, and an office/ garage flex space in the rear of the property. The entire property was redeveloped by the current owner with updated electrical, plumbing, and major systems upgrades made at that time. Petersburg is home to a future LIVE Casino and Resort currently under construction. 100 N Sycamore is positioned in the entertainment and retail center of the city and with Petersburg on the rise now is the time for an investor or owner occupant to enter the market or continue to grow their portfolio.
Located in Petersburg’s historic downtown district, this 3,248 SF office building is a turnkey location featuring 10 private offices, a conference room, reception area and off-street parking. This high visibility location would be ideal for any law office, non-profit or traditional office user. The property is a flexible option ideal for owner occupancy or an investment buyer looking to make their mark on the ever-evolving Petersburg Virginia.
REDUCED!!Great Commercial Property located on highly trafficked Washington St...Two detached buildings-1 retail & 1 residential...Live where you Work! This property has unlimited possibilities, lending itself to customize to your own business needs & transform your Dreams to a Reality! Both units need some TLC....new roof was just installed on retail building...Whether you envision retail, office space, mixed use....Airbnb....the flexibility is there!!!! Contact me TODAY for more detail or to set up a showing!
This is a newly built restaurant space with an established business in place. The property includes the following equipment: • 10ft x10ft walk in cooler • 2 up right freezers • Smart kitchen hood vent system – 12 ft • 6 burner gas cooktops • 5ft flat top • 2 stall fryers • HVAC – installed 2022
Endless potential awaits with this versatile property, offering 1,617 square feet of adaptable space that can be used for either residential or commercial purposes. Built in 1935, this two-story gem blends timeless character with key modern updates, including a newer heating system, central air conditioning, and a recently renovated full bathroom with a new tub. The home features a a durable metal roof, and sturdy brick/frame construction. Zoned B-2, it is perfectly suited for a variety of uses—whether you envision a charming residence, an office, barbershop, boutique, or another business venture. The layout and features provide flexibility for comfortable living or creative workspaces. This property offers even more potential when combined with the neighboring parcel at 14 N South Street—ideal for dual occupancy, rental income, or future expansion. Don’t miss this unique opportunity to own a space that offers both lifestyle and investment possibilities. Schedule your showing today!
Discover a unique opportunity with this versatile property, zoned B-2, making it suitable for both commercial and residential use in the heart of Petersburg. Built in 1935, this two-story building seamlessly blends historic charm with modern enhancements—ideal for an office, barbershop, boutique retail space, or even a stylish urban residence. Inside, you’ll find original hardwood floors that add warmth and character throughout. Recent upgrades include a newer HVAC system, 200-amp electrical panel, updated PVC plumbing, and a renovated upstairs bathroom. Efficiency improvements such as a moisture barrier, insulation, and windows (replaced in 2015) enhance comfort and value, with antique downstairs windows carefully restrung to preserve the property’s historic appeal. The functional layout includes three rooms, one and a half bathrooms, a kitchen, and a laundry area—providing flexibility for a variety of uses, whether personal or professional. A durable metal roof ensures longevity and low maintenance. The property sits on a level lot and may be purchased individually or together with the neighboring property at 16 N South Street, offering expanded potential for dual occupancy, rental income, or business growth. Don't miss your chance to own a distinctive property that combines timeless character with modern functionality—perfect for your next business venture or unique home. Schedule your private showing today!
GREAT opportunity for a coworking space which this area lacks! Formerly a grocery store and "Tri-City Lumber", this building offers a multitude of options: church, daycare, office building, shared workspace (such as a "Gather" concept), indoor sporting facility, gym/rec center, daycare, or whatever else your business or portfolio desires. You have to schedule a showing to see this building in person so you can get the full effect of what it has to offer. Most rooms/areas are furnished and could potentially be utilized by the purchaser or could ultimately be negotiable items if someone wanted to buy them. The options are LIMITLESS so come see it for yourself to determine how it would best suit your needs.
The property is the former Virginia Commonwealth Bank main office which is now Blue Ridge Bank due to the merger/acquisition of the two banks. The corporate offices have relocated and the branch bank of BRB occupies the first floor. 2nd floor rented 3 years, and the 3rd floor is available for rent. BRB is dedicated to remaining in the area and will continue to leaseback from new investor / owner as part of the "terms of sale".

Petersburg is located in Virginia. Petersburg, Virginia has a population of 33,229. Petersburg is less family-centric than the surrounding county with 13.46% of the households containing married families with children. The county average for households married with children is 13.46%.
The median household income in Petersburg, Virginia is $44,890. The median household income for the surrounding county is $44,890 compared to the national median of $69,021. The median age of people living in Petersburg is 37.2 years.
The average high temperature in July is 90.1 degrees, with an average low temperature in January of 29.1 degrees. The average rainfall is approximately 45.6 inches per year, with 6.4 inches of snow per year.