700 E Bank Street Petersburg, VA ^$ 199,000

700 E Bank Street

^$ 199,000

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700 E Bank Street

Petersburg, VA, 23803

^$ 199,000

Bedrooms-- Baths0.0

Monthly Estimate*

^$ 1,242

700 E Bank Street, Petersburg, VA 23803 - Image 1

700 E Bank Street, Petersburg, VA 23803 - Image 2

700 E Bank Street, Petersburg, VA 23803 - Image 3

700 E Bank Street, Petersburg, VA 23803 - Image 4

700 E Bank Street, Petersburg, VA 23803 - Image 5

Commercial Property for sale in Petersburg, VA

for $199,000. This building was built in 1950 on a lot size of 0.172 Acre(s).

Fantastic Opportunity to Purchase a 2 Bay Mechanic Shop in the Tri-Cities with asphalt lot with 16 plus parking spots. Great lot (100 ft x 75 ft) for a used car dealership/Tire shop/Virginia Inspections/Tint shop are some of the many possibilities. Close to Fort Lee, Colonial Heights and I-95 and I-85. Currently tenant is paying $1300 a month. Lease is month to month.

Commercial Active

Price

^$ 199,000

Property Type

Commercial

Lot Size

0.172 Acre(s)

Year Built

1950

Town/City

Petersburg

County/Region

Petersburg City

MLS | Web ID

2302980

Features

Interior

Heating System Heat Pump

Sewer Public Sewer

Water Source Public Water

Exterior

Parking 1-20 Parking Spaces

Road Frontage City Street

Roof Flat Roof

* Excluded Features

List By

Sam Hamad

Listing Agent

Century 21 Colonial Realty

Broker

Sam.Hamad@Century21.com

Affordability Calculator

$1,242

Per Month

Monthly Principal & Interest: $1,242
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Trends

Commerical listings in Petersburg, VA

Average List Price ^$1,129,685

Percent of Sale Price 468%

About Petersburg, VA

32,079 Population

-5% Since 2002

^$33,274 Median Income

39.35 Median Age

22% Households with Children

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Trends Information provided by ATTOM Data Solutions.

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700 E Bank Street, Petersburg, VA, 23803 is a Commercial Property for sale at $199,000 with a lot size of 0.172 Acre(s). 700 E Bank Street has 0.0 baths and was built in 1950. The property's zip code is 23803 which is in Petersburg, VA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Properties marked with the CVRMLS icon are provided courtesy of Central Virginia Regional Multiple Listing Service, LLC and detailed information about them includes the name of the listing brokers.

The multiple listing information is provided by Central Virginia Regional Multiple Listing Service, LLC from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2023 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved.

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 3/28/2023.

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700 E Bank Street

Commercial Property for sale in Petersburg, VA

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