2825 S Crater RD, Petersburg, VA 23805
2825 S Crater RD, Petersburg, VA 23805
2825 S Crater RD, Petersburg, VA 23805
2825 S Crater RD, Petersburg, VA 23805
2825 S Crater RD, Petersburg, VA 23805
2825 S Crater RD, Petersburg, VA 23805
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Brandon Jenkins

Brandon Jenkins

+1(804) 929-3459
$ 1,300,000
Est. payment | /mo

10,578 SqFt

Save
$ 1,300,000
Est. payment | /mo
Save

10,578 SqFt

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 10,578 sqft

Price per Sqft $122

MLS Listing ID 2605411

HOA Y/N No

Year Built 1950

Property Description

This 10,578 SF five-bay retail center located along highly traveled S Crater Road in Petersburg offers an outstanding opportunity for both investors and owner-occupants seeking visibility, flexibility, and long-term growth. Currently approximately 50% leased, the property provides immediate income while allowing a future user to occupy a significant portion of the center. The versatile layout supports a wide range of uses including retail, restaurant, personal service, office, and medical office, making it well suited for businesses looking to expand or establish a strong presence in a dynamic and growing trade area. The center features easy walk-up access, prominent signage opportunities, and excellent frontage along one of the area's primary commercial corridors. Ideally positioned less than a mile from the highly anticipated Live! Casino & Hotel Virginia and in close proximity to Fort Gregg-Adams, the property benefits from strong daytime population, workforce density, and increasing regional investment. Located within an Opportunity Zone and offering convenient access to I-95 and downtown Petersburg, this asset presents a compelling combination of stable income, upside through lease-up, and long-term appreciation potential. This is an exceptional opportunity for a company seeking growth, high visibility, and accessibility in a market poised for continued revitalization.

Location

State VA

County Petersburg

Area 57 - Petersburg

Interior

Cooling Central Air

Exterior

Roof Type Flat

Topography Level

Handicap Access Accessibility Features

Building

Lot Description Level

Building Description Brick, Multi-Tenant,No Elevators

Story 1

Sewer Public Sewer

Water Public

Level or Stories One

Structure Type Brick

Others

Tax ID 065-110002

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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2825 S Crater RD