Real Estate For Sale in...

125 N Market St, Petersburg, VA 23803

Commercial Property MLS# 1628474 ID: 40886716
$740,000 Get Rates

Commercial - Petersburg, VA
An incredible opportunity for a developer to convert this iconic 4-level Petersburg brick structure into apartments. Petersburg, with its prime location near I-95 and I-85, is only a 10 hour drive to 50 percent of the population of the United States, and only a 20-minute drive from Richmond, one of the fastest-growing metro regions in the county. Petersburg is also next door to one of the largest US army bases, averaging more than 26,000 military members, their families and contractors, not to mention the 70,000 troops who pass through it each year for training. Building owner calculates a total of 30,000 +/- square feet under roof in this historic 1850 building. The adjacent lot at 121 North Market (tax ID 001-24-0025) is included and offers 14,126 +/- square feet of parking area plus additional parking behind the building itself. The upper floor windows offer a spectacular view of the Old Towne area. The Petersburg Library, museums, restaurants and multiple micro-breweries are in easy walking distance. Architect renderings are available for review. Owner for last 30 years has done much renovation and will offer guided tours of the structure by appointment.

Back To Top
Location Information near 125 N Market St
Offered by Darrell Olgers at Tri-Cities Southpark

Would you like more information regarding this property?
Please call (866) 677-6937.

Mortgage Calculator
(% per year)
(in years)

*May not reflect current interest rates and is intended for educational/information purposes only. All figures are hypothetical and should not be relied upon in any way.


Compare current mortgage rates

Property Features for 125 N Market St
Market Status
Last Updated
September 17, 2018
Property Type
Commercial Property
Year Built
Approx. Lot Size
0.44 Acres

Building Features

  • Roof: Slate
  • Stories: 4.0

Listing Features

  • Property Type: Commercial; Commercial
  • Darrell Olgers
  • Tri-Cities Southpark

Data Provided by:
Long & Foster Real Estate

Foreclosure, Auction & Bank Owned Listings
Save on your next home purchase. Search forclosure listings in Petersburg
New Home Listings From Top Home Builders
Search new home communities and view new homes for sale
Back To Top


More information about this $740,000 Commercial Property at 125 N Market St

This $740,000 Commercial Property at 125 N Market St in Petersburg, VA is presented by Darrell Olgers. This $740,000 Commercial Property, located in the 23803 zip code, has the following property features: Roof, Stories, Property Type. This 125 N Market St Commercial Property, located in Petersburg City , is listed under MLS listing number 1628474 and has a listing price of $740,000. You can find more Petersburg homes for sale here.