712 Grove Ave, Petersburg, VA 23803
- 4,788 sqft
Commercial Property
Built in 1912
6,708sqft lot
—— car garage
$163/sqft
Listed 5 months ago
Property Description
Mixed-use property located in the heart of historic Petersburg, VA. The property consists of 4 residential units and one NNN commercial space. Close by, you will find the ever-growing Virginia State University, U.S. Army base Fort Lee, Amazon Fulfillment Center and other major employers in the Tri-Cities area, situated within the I-95 corridor and Richmond MSA. 712 Grove Ave features four historic loft apartments and one commercial retail space, currently occupied by a local barbershop. The building houses three 1-bedroom/1-bathroom units and one 2-bedroom/2- bathroom unit. Completely redeveloped using historical tax credits, all units feature premium finishes and historic charm, including stainless steel appliances, tall ceilings, and hardwood flooring. Residents can enjoy the in-unit washer and dryers and ample off-street parking. All residential units are individually metered for electricity. The property is prime for short term rental opportunities. The historic redevelopment 712 Grove Ave has brought forth a truly unique asset that is perfect for an investor looking to acquire a stabilized mixed-use property. Now is the perfect time to purchase property or grow your portfolio in the ever exciting Petersburg market.
- Listing Status:
- Active
- Listing Office:
- One South Commercial LLC : (804) 266-8831
- Listing Agent:
- Isaac Weintz : (804) 404-3161
- MLS ID:
- 2502882

- A/C: Central Air
This listing courtesy of Isaac Weintz, One South Commercial LLC
Monthly Payment
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $
Location
Schools Nearby
Pleasants Lane Elementary School
100 Pleasants Ln, Petersburg, VA, 23803
Grades KG-5
1.51 miles away
Vernon Johns Middle School
3101 Homestead Dr, Petersburg, VA, 23805
Grades 6-8
3.22 miles away
Petersburg High School
3101 Johnson Rd, Petersburg, VA, 23805
Grades 9-12
3.17 miles away