Description
Multi-Purpose Building with Storefront, Venue, and Apartments in Petersburg, WV. Great investment opportunity in a prime location. This property offers multiple streams of income under one roof, perfect for an entrepreneur or investor looking for a cash-flowing asset. Storefront with high foot traffic, ideal for retail or a small business. Glamorous Ballroom/Venue: Suitable for all types of public events, including weddings, dinners, receptions, and more. Endless possibilities for this large, versatile space. Two Upper-Level Apartments: Larger Apartment: Newly remodeled 3-bedroom, 2-bathroom unit. Spacious, modern, and ready to move in. Currently rented at $1,000/month. Smaller Apartment: Cozy 1-bedroom, 1.5-bathroom unit, perfect for singles or couples. Currently rented at $70/month. Two private parking spaces for tenants or customers. Off-site parking available for additional convenience. This property is priced for cash flow and offers multiple income streams with a great location that attracts foot traffic. Whether you are looking for a retail location, a venue for events, or rental income from apartments, this building has it all! Don't miss out on this unique opportunity.
-
0BEDS
-
0.11ACRES
-
0BATHS
-
01/2 BATHS
-
7,906SQFT
-
$57$/SQFT
School Ratings & Info
Description
Multi-Purpose Building with Storefront, Venue, and Apartments in Petersburg, WV. Great investment opportunity in a prime location. This property offers multiple streams of income under one roof, perfect for an entrepreneur or investor looking for a cash-flowing asset. Storefront with high foot traffic, ideal for retail or a small business. Glamorous Ballroom/Venue: Suitable for all types of public events, including weddings, dinners, receptions, and more. Endless possibilities for this large, versatile space. Two Upper-Level Apartments: Larger Apartment: Newly remodeled 3-bedroom, 2-bathroom unit. Spacious, modern, and ready to move in. Currently rented at $1,000/month. Smaller Apartment: Cozy 1-bedroom, 1.5-bathroom unit, perfect for singles or couples. Currently rented at $70/month. Two private parking spaces for tenants or customers. Off-site parking available for additional convenience. This property is priced for cash flow and offers multiple income streams with a great location that attracts foot traffic. Whether you are looking for a retail location, a venue for events, or rental income from apartments, this building has it all! Don't miss out on this unique opportunity.
Listing information © 2025 Charlottesville Area Association of Realtors Multiple Listing Service. IDX information is provided exclusively 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. IDX data is deemed reliable but is not guaranteed accurate by the MLS or Kline & Co Real Estate. Data last updated 2025-03-15T16:12:45.36.