39 River Street Petersburg, VA
$ 1,650,000
Property Attributes
  • MLS#2102606
  • TypeCommercial
  • CityPetersburg
  • Area57 - Petersburg
  • Zip23803
  • Style
  • Price$ 1,650,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage12201
  • Lot Size11,761 SqFt
Listing Provided Courtesy Of:
Justin Sledd with One South Realty Group, LLC.
Data Source:
Central Virginia Regional MLS (CVRMLS) - 11 - VA
Property Description

Historic Downtown Petersburg is the ideal backdrop for this redeveloped mixed use property featuring a prominent commercial space on the ground level with eight residential units on the second floor all - located within an opportunity zone. This former train station was redeveloped nine years ago and is located on the iconic cobbled River Street. An expansive commercial space on the ground floor is home to an events venue and food truck service. This new tenant will use the space as both a venue and as a commissary. In addition, the rear lot is prime for the development of additional commercial, multi-family or entertainment space. The residential units consist of four two bedroom/one bath and four one bedroom/one bath units. All units boast hardwood floors, washer/dryer, central air and stainless steel appliances. This historic redeveloped commercial and multi-family space - all located within an opportunity zone - makes this property ideal for an investor looking for a commanding property in the ever expanding Petersburg market.

Price History
1/29/2021 Listed $1,700,000
10/19/2021 3% - $1,650,000

General Features

Co-Listing Agent State License # 0225250413
Construction Materials Brick
Cooling Central Air
Listing Agent State License 0225191850
MLS Area 57 - Petersburg
Property Type Commercial Sale
PropertyCondition Average Condition
Roof Slate
Sewer Sanitary
Status Active
Stories 2
Topography Level
Zoning Description M-2

Interior Features

Air Conditioning Y/N Yes

Exterior Features

Lot Features Level
Lot Size Acres 0.27
Lot Size Area 0.27
Lot Size Units Acres
Road Frontage Type City Street
Water Source Public


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 23803

AVG $820K
AVG 62
Year Built
AVG 1919

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