215 N Market St
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215 N Market St
3,740 SF Vacant Office Building Petersburg, VA 23803 $450,000 ($120/SF)
Investment Highlights
- Historic Charm:Qualifies for historic tax credit,offering potential financial for continued preservation.
- Prime location .2 miles from the soon to open Hotel Petersburg and walking distance to the heart of Old Towne
- Historic Nationally Registered Property #38
Executive Summary
***DON'T MISS THE CHANCE TO OWN THIS HISTORIC GEM IN THE HEART OF PETERSBURG***Discover an exceptional opportunity to own a piece of Petesrburg's history with this nationally registered historic property #38. Formaly the headquaters for the Petersburg Historical Society,this versatile building can be adapted for a range of commercial uses,converted into multi-family units,or transformed into a unique live/workspace. Qualifies for historic tax credits,offering potential financial benefits for continued perservation. Property can be split into seperate suites,making it ideal for multiple tenants or a mixed-use setup. Newly installed HVAC system (spring 2023)ensures efficient heating/cooling. All plumbing is PVC throughout. Metal roofing is a few years old. Fully equipped kitchen/Stylish restrooms tiled half baths on the main and upper floor providing convenience and a touch of elegance. Outdoor Oasis with fenced-in backyard featuring a pergola,bar,and lighting:ideal for events,gatherings,or simply enjoying the outdoors. Prime location 0.2 miles from the soon to open Hotel Petersburg. Walking distance to the heart of Old Towne.This property's B-3 zoning allows for a varity of commercial applications,including retail,office space,and more. It's historic designation not only adds character but also offers significant tax advantages. With right price decor can be discussed to stay.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Building Size
3,740 SF
Building Class
C
Year Built
1860
Price
$450,000
Price Per SF
$120
Percent Leased
Vacant
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
1,247 SF
Slab To Slab
11’
Building FAR
0.86
Lot Size
0.10 AC
Opportunity Zone
Yes
Zoning
B-3 - B-3
Amenities
- Bus Line
- Courtyard
- Fenced Lot
- Basement
- Hardwood Floors
- Yard
- Outdoor Seating
- Air Conditioning
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Walk Score ®
Very Walkable (76)
PROPERTY TAXES
Parcel Number | 011230043 | Improvements Assessment | $205,600 |
Land Assessment | $22,200 | Total Assessment | $227,800 |
PROPERTY TAXES
Parcel Number
011230043
Land Assessment
$22,200
Improvements Assessment
$205,600
Total Assessment
$227,800
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215 N Market St
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