Waterfront
Address
Not Disclosed Petersburg, VA
Price
$ 180,000
Property Attributes
  • MLS#2014157
  • TypePending
  • CountyPETERSBURG
  • CityPetersburg
  • Area57 - Petersburg
  • Zip23803
  • Style
  • Price$ 180,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage12194
  • Lot Size0.38 Acres
Listing Provided Courtesy Of:
Thomas E Rosman with One South Realty Group, LLC.
Property Description

27-31 South Sycamore St and 8 Rose Alley present redevelopment potential in an Opportunity Zone in Downtown Petersburg. This listing consists of three buildings on one parcel on Petersburg’s most prominent street. Sycamore St is famous for its art galleries, eclectic shops, restaurants, historic buildings, and apartments. Located right in all of this activity, this listing is within walking distance to Old Towne Petersburg and the Appomattox waterfront to the north. Each of the buildings is two stories in height with a combined floor area of 12,194 SF. A large portion of the 0.38 AC parcel area at the rear of the buildings is available to be used as a parking area with access via Rose Alley. Previously used as retail shops and a restaurant space, the buildings are currently vacant and in need of renovation. The property is strategically located in an Opportunity Zone to encourage long-term private investment in this Downtown neighborhood. A purchaser would be able to take advantage of significant tax benefits offered by this federal program to redevelop the property for various uses.

Price History
5/11/2020 Listed $180,000

General Features

Construction Materials Brick
Heating Other
MLS Area 57 - Petersburg
Property Type Commercial Sale
PropertyCondition See Remarks
Roof Other
Sewer Sanitary
Stories 2
Topography Level

Exterior Features

Lot Features Level
Lot Size Acres 0.38
Lot Size Area 0.38
Lot Size Units Acres
Road Frontage Type City Street
Water Source Public

Room Details

Room Dimensions Level Flooring Details
Full Bath Third
Full Bath First
Full Bath Second
Full Bath Basement
Full Bath Fourth
Half Bath Third
Half Bath First
Half Bath Second
Half Bath Basement
Half Bath Fourth

Amenities

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

Property vs Zip Code Average in 23803

Price
AVG $140K
$180K
Visits
AVG 75
29
Year Built
AVG 1959
1925

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