716 W Washington ST, Petersburg, VA 23803
716 W Washington ST, Petersburg, VA 23803
716 W Washington ST, Petersburg, VA 23803
716 W Washington ST, Petersburg, VA 23803
716 W Washington ST, Petersburg, VA 23803
716 W Washington ST, Petersburg, VA 23803
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Brandon Jenkins

Brandon Jenkins

+1(804) 929-3459
$ 275,000
Est. payment | /mo

4,852 SqFt

Save
$ 275,000
Est. payment | /mo
Save

4,852 SqFt

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 4,852 sqft

Price per Sqft $56

MLS Listing ID 2604097

Style Garden Home

HOA Y/N No

Year Built 1900

Lot Size 8,232 Sqft

Acres 0.189

Property Description

Positioned in the heart of Old Town Petersburg, this striking 2.5-story historic property offers a rare opportunity to reimagine nearly 4,852 square feet of character-rich space in one of the city's most promising growth corridors. Formerly operated as a multifamily asset, the building's existing layout provides a strong foundation for redevelopment into boutique apartments, professional office space, or a dynamic
mixed-use concept. With its timeless architectural details and prominent presence, the property blends historic charm with flexible potential—ideal for investors or owner-occupants seeking a signature project with lasting impact. Adding to its appeal, the property is located within an Enterprise Zone and may qualify for valuable historic tax credits, creating meaningful financial incentives to support renovation and
repositioning. Just five miles from Petersburg's highly anticipated Live! Casino development, this location stands to benefit from
increased economic activity, job growth, and renewed community investment. Whether restored as an income-producing asset
or transformed into a distinctive headquarters or live-work environment, this property represents a compelling opportunity to capitalize on Petersburg's continued revitalization.

Location

State VA

County Petersburg

Area 57 - Petersburg

Interior

Heating Wall Furnace

Exterior

Roof Type Built-Up

Topography Level

Building

Lot Description Level

Building Description Brick, Multi-Tenant,No Elevators

Story 2

Sewer Public Sewer

Water Public

Architectural Style Garden Home

Level or Stories Two

Structure Type Brick

Others

Tax ID 023-210008

Ownership Investment,Owner-User

Central Virginia Regional MLS (CVR MLS)
Listed by One South Commercial LLC

Nearby Locations

Brandon Jenkins

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(804) 929-3459

brandon.jenkins@jenkinsrealestategroup.com

9200 Center Oak Court Suite A, Mechanicsville, Virginia, 23116, USA

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716 W Washington ST