Petersburg, VA 23803,25 S Sycamore ST
Petersburg, VA 23803,25 S Sycamore ST
Petersburg, VA 23803,25 S Sycamore ST
Petersburg, VA 23803,25 S Sycamore ST
Petersburg, VA 23803,25 S Sycamore ST
Petersburg, VA 23803,25 S Sycamore ST
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$172,500

$209,000

17.5%
Est.Price: ?

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Est. payment /mo

6,188 SqFt


SOLD DATE : 06/12/2024

Key Details

Sold Price $172,500

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

Square Footage 6,188 sqft

Price per Sqft $27

MLS Listing ID 2320507

Sold Date 06/12/24

Construction Status Unknown

HOA Y/N No

Year Built 1910

Lot Size 304 Sqft

Acres 0.007

Property Description

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.

Location

State VA

County Petersburg

Area 57 - Petersburg

Interior

Heating Forced Air, Natural Gas, Zoned

Exterior

Roof Type Flat,Rubber

Topography Level

Building

Lot Description Level

Building Description Brick, Single-Tenant

Story 2

Sewer Public Sewer

Water Public

Level or Stories Two

Structure Type Brick

Construction Status Unknown

Others

Tax ID 022-070001

Ownership ,Owner-User

Financing Conventional

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Central Virginia Regional MLS (CVR MLS)
Listed by Hometown Realty
Bought with The Hogan Group Real Estate

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Danielle Bowers

PRINCIPAL BROKER/OWNER | License ID: 0225209107

+1(804) 245-5545

257 E BANK ST, SUITE B, United States

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