This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

Close
You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

961 characters remaining

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

We will automatically send your friend a one-time email inviting him or her to visit the site. LoopNet stores this information for the sole purpose of sending this one-time email and tracking the success of our referral program. View LoopNet's Privacy Policy

thank you

Your email has been sent!

216 N Sycamore St

4,368 SF 100% Leased Retail Building Petersburg, VA 23803 $1,511,880 CAD ($346 CAD/SF) 8.55% Cap Rate

Retail Space Virginia Petersburg 216 N Sycamore St, Petersburg, VA 23803

Investment Highlights

  • Seven Rental Units Consisting of Commercial and Mutli-Family Uses
  • Located in Old Towne Petersburg Near Courthouse, Police Station, Restaurants, and Other Businesses
  • Outdoor Seating / Common Area on First Floor and Upstairs
  • Call Broker for Rent Roll and Other Information

Executive Summary

Currently, the first floor and two units on the second floor are commercial uses. One unit on the second floor and three units on the third floor are multi-family uses.

Attachments

216 N Sycamore St - OM

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
4,368 SF
Building Class
C
Year Built
1840
Price
$1,511,880 CAD
Price Per SF
$346 CAD
Cap Rate
8.55%
NOI
$129,293 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
1.48
Land Acres
0.07 AC
Opportunity Zone
Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning
B3 - Central Commercial District which is also in a Historic District. Intended to provide a mix of commercial, automotive, and recreational activities
Frontage
23 ft on North Sycamore Street
1 of 1
Walk Score ®
Very Walkable (78)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

PROPERTY TAXES

Parcel Number 011-23-0030 Improvements Assessment $571,842 CAD
Land Assessment $42,192 CAD Total Assessment $614,034 CAD

PROPERTY TAXES

Parcel Number
011-23-0030
Land Assessment
$42,192 CAD
Improvements Assessment
$571,842 CAD
Total Assessment
$614,034 CAD
(804) 777-7070

  • Listing ID: 32376525

  • Date on Market: 2024-07-08

  • Last Updated:

  • Address: 216 N Sycamore St, Petersburg, VA 23803

The Retail Property at 216 N Sycamore St, Petersburg, VA 23803 is currently available For Sale. Contact Specter Properties, Inc. for more information.

Retail PROPERTIES IN NEARBY NEIGHBORHOODS

Nearby Listings

1 of 3
VIDEOS
3D TOUR
PHOTOS
STREET VIEW STREET
MAP

1/3
216 N Sycamore St, Petersburg, VA for sale Building Photo- Image 1 of 3
20211104_110059
216 N Sycamore St, Petersburg, VA for sale Building Photo- Image 2 of 3
20211105_095202

1 of 1

Connect with us

© 2024 CoStar Group

The LoopNet service and information provided therein, while believed to be accurate, are provided "as is". LoopNet disclaims any and all representations, warranties, or guarantees of any kind.

216 N Sycamore St
(804) 777-7070 x

216 N Sycamore St

1/2

Mark Specter

(804) 777-7070

(804) 777-7070

Kevin Specter

(804) 777-7070

(804) 777-7070

Already a member? Log In

First Name*

Last Name*

Please enter an email address.

Email*

Phone*

Ext (optional)

Company (optional)

Please leave a message.

Message*

{{messageTextLength}} out of 600

New to LoopNet? No problem. We'll automatically create a free account for you. By clicking the button, you agree to LoopNet's Terms of Use and Privacy Policy.

Hmm, there seems to have been an error sending your message. Please try again.

Thanks! Your message was sent.

Send another message

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}
You can provide feedback any time using the Help button at the top of the page.

Share Link