This building was completely remodeled in 2010. This included 4 new Zoned HVAC systems. So much potential within these walls. Your dreams and goals are the limits. OVER 17,000 sq ft of income producing space to make your dreams come true. Approximately 40 PARKING SPACES with a loading dock available. Remarkable location in the heart of town with road frontage on 2 sides of the building. Excellent opportunity for office space, medical facility, daycare, retail or an indoor community arena. Two floors with outdoor access to both levels would provide for a multi tenant opportunity.
Here is a great investment opportunity. Property consists of a five unit apartment building plus a three bedroom cottage. Always fully rented and conveniently located in downtown Petersburg. There is a bus to Pilgrims Pride that stops at this location. In 2022 the apartment received a new roof and the cottage had its metal roof painted. Two units pay their own electric and water. Four units have the utilities added in their rent. Water, sewer and trash are provided by the city of Petersburg. Electric is provided by Potomac Edison. A major refurbish was done in apartment 1 in 2024. A heat/air conditioner unit added to apartment 2 in 2024. The apartment has two, 2 bedroom units, two, 1 bedroom units and one studio. All appliances convey. There is an attic and a mostly full basement, plus a crawl space area. Situated on .37 acre lot. Has off street paved parking area.
Petersburg is located in West Virginia. Petersburg, West Virginia has a population of 2,518. Petersburg is less family-centric than the surrounding county with 16.3% of the households containing married families with children. The county average for households married with children is 27.92%.
The median household income in Petersburg, West Virginia is $42,803. The median household income for the surrounding county is $47,224 compared to the national median of $69,021. The median age of people living in Petersburg is 41.1 years.
The average high temperature in July is 86.3 degrees, with an average low temperature in January of 20.7 degrees. The average rainfall is approximately 35.6 inches per year, with 25.1 inches of snow per year.
