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Approximate location based on the property address.
2825 S Crater Rd
Petersburg, VA 23805
Petersburg
Bedrooms
0
Bathrooms
0
Square Feet
0
Lot Size
Comparable properties in Petersburg, VA
Schedule a private showing or get answers to your questions from one of our Virginia real estate specialists.
N/A
Year Built
1950
Property Type
Single Family
Garage
None
HOA
None
MLS# 1154471673
This 10,578 SF five-bay retail center located along highly traveled S Crater Road in Petersburg offers an outstanding opportunity for both investors and owner-occupants seeking visibility, flexibility, and long-term growth. Currently approximately 50% leased, the property provides immediate income while allowing a future user to occupy a significant portion of the center. The versatile layout supports a wide range of uses including retail, restaurant, personal service, office, and medical office, making it well suited for businesses looking to expand or establish a strong presence in a dynamic and growing trade area. The center features easy walk-up access, prominent signage opportunities, and excellent frontage along one of the area’s primary commercial corridors. Ideally positioned less than a mile from the highly anticipated Live! Casino & Hotel Virginia and in close proximity to Fort Gregg-Adams, the property benefits from strong daytime population, workforce density, and increasing regional investment. Located within an Opportunity Zone and offering convenient access to I-95 and downtown Petersburg, this asset presents a compelling combination of stable income, upside through lease-up, and long-term appreciation potential. This is an exceptional opportunity for a company seeking growth, high visibility, and accessibility in a market poised for continued revitalization.
Listed by Ann Schweitzer of One South Commercial LLC
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Ann Schweitzer
One South Commercial LLC
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