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1131 Commerce St
Petersburg, VA 23803 Petersburg

$7,750,000 USD

Apartments For Sale • 67,882 SF

Property Details

Property Type Apartments
Total Building Size 67,882 SF
Lot Size 1.65 AC
Building Class A
Year Built 1900
Zoning M-1

0 Transit Score

43 Walk Score

                
                    Highlights
                
                                Fully redeveloped historic lofts with modern interiors
                            
                                Located minutes from Fort Gregg-Adams and Virginia State University
                            
                                Walkable to Old Towne’s dining, retail, and entertainment
                            
                                Strong Year 1 NOI projection with operational upside
                            
                                Submetered utilities and tax abatement in place
                            
                                Positioned in a high-growth Richmond MSA submarket

Amenities

Air Conditioning
Cable Ready
Clubhouse
Courtyard
Fitness Center
Washer/Dryer
Gated
Grill
Ceiling Fans
Refrigerator
Oven

Public Transportation

Airport	Drive	Walk	Distance
Richmond International	39 min	-	29.4 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Type:	Surface
Included in Rent:	Yes

Marty Mooradian 804-402-5554 Colliers | Virginia

1131 Commerce St Petersburg, VA 23803 Petersburg