1201 Commerce Street, Petersburg, VA 23803
Petersburg County
Key Facts
Description
The property is 92+% leased with space available for new tenant or new owner occupant tenant..8,840 sq ft. Available of raw WAREHOUSE SPACE WITH SPRINKLER SYSTEM. The available warehouse space would be best utilized by tenant needing warehouse space for inventory or storage however uses will be evaluated. Portions of the property operate 7 Days a week with extended evening hours.The available for lease space is 8,840 sq ft and has 2 loading docks.It will be available once the new sprinkler system is installed. It would also provide possibility of a buyer that needed space to have that space. The rest of the property which is leased, tenants rights apply. Multiple warehouse buildings connected and connected to office building. Close proximity to historical area and east access to I 95 and I 85.
Property Information
Property Type
Commercial Lease
Year Built
1987
Stories
2
Living Area
69,000 sq ft
Lot Size
3.80 acres
Days on Market
2
MLS® Listing#
2617316
Property Features
Cooling
Heating
Fencing
Roof
Sewer
Water Source
Financial Details
Parcel Number
024-150018
Affordability Calculator
$1,000,000
Estimated monthly payment
$26,612/mo
Principal $4,000,000 · Est. interest $5,580,356 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Petersburg, VA
- $272,973
- Median Listing Price
- 41
- Median Days on Market
- 1,620
- Median Sq Ft
- $169
- Median Price / Sq Ft
- 153
- Active Listings
- This home’s price is 1732% above the area median.
- Its price per sq ft is 57% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Petersburg, VA.
Location
Getting Around
Points of Interest in Petersburg, VA
Showing the Petersburg area map.
Nearby Schools
Appomattox Regional Governor's School
Secondary · 0.7 mi away
Peabody Middle School
Elementary · 0.9 mi away
Pleasants Lane Elementary School
Elementary · 0.9 mi away
Westview Early Childhood Education Center
School · 0.9 mi away
Ettrick Elementary School
Elementary · 1.0 mi away
Albc School
School · 1.2 mi away
Saint Joseph Catholic School
Elementary · 1.3 mi away
Billups T&C
School · 1.4 mi away
Colonial Heights Public Schools
School · 1.5 mi away
Colonial Heights Middle School
Secondary · 2.0 mi away
Walnut Hill Elementary School
Elementary · 2.6 mi away
Communities in Schools - Petersburg
School · 2.6 mi away
Petersburg City Public Schools
School · 2.6 mi away
Lakeview Elementary School
Elementary · 3.0 mi away
Robert E Lee Elementary School
Elementary · 3.0 mi away
Lakemont Elementary School
Elementary · 3.0 mi away
Vernon Johns Middle School
Secondary · 3.0 mi away
Petersburg High School
Secondary · 3.0 mi away
Wiz Kidz Learning Center
School · 3.1 mi away
Matoaca Elementary School
Elementary · 3.2 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 1131 Commerce Street, Petersburg, VA | $6,385,000 | — | — | 67,882 |
Moving Cost Estimate
EXIT Agents in Petersburg
Listing Courtesy: Welch Real Estate - 8043006123
Presented by: Debbie Welch
Last Updated: 2026-06-24
226022621