124 W Bank St, Petersburg, VA

Name: 124 W Bank St, For Sale in Petersburg - eXp Realty
Brand: KW Metro Center
SKU: 2606021
Price: 389000 USD

Real Estate

For Sale

Listed price in listed location currency (USD).

$389,000

000

MLS® 2606021

Key Facts
Description
Map

Key Facts

Type Other

Levels Commercial Sale

Size -

Garage No

HOA Fees

Taxes

Days Active 0

Approx. Age 1820

MLS® Number 2606021

Property Address: 124 W Bank St, Petersburg, VA, 23803-3216

Average square foot calculated using Size range provided by listing agent.

Description

Historic Mixed-Use Opportunity in the Heart of Old Towne Petersburg Located in the vibrant downtown district of Old Towne Petersburg, this circa-1820 brick mixed-use building offers a rare opportunity for residential income, commercial use, or a live-work setup. Zoned B-3 (Central Business District), the property allows for a variety of uses including retail, office, restaurant, gallery, or residential, making it ideal for investors and business owners alike. The property offers approximately 2, 900 square feet and is currently configured as a duplex. Each unit has separate entrances, utilities, and mailboxes, providing flexibility for leasing or owner occupancy. The first-floor space features spacious rooms with high ceilings and exposed brick, offering excellent potential for retail storefront, office space, studio, or a reimagined residential unit. The layout allows for a possible second bedroom or commercial storefront conversion, depending on the buyer’s vision. Upstairs, the second-floor apartment provides comfortable living space and includes access to a private rooftop terrace, perfect for entertaining or enjoying views of the historic downtown district. Major improvements include a new thermoplastic polyolefin (TPO) roof installed in 2025, new second-floor HVAC (2025), first-floor HVAC replacement in 2021, and a fully waterproofed basement with an additional sump pump. Additional features include an attached garage with direct access to the first floor, offering potential for additional commercial space, storage, or possible conversion, along with paved rear parking and convenient access via Bartow Alley. Just steps from restaurants, galleries, shops, and entertainment, this unique property combines historic character, income potential, and commercial flexibility in one of Petersburg’s most desirable downtown locations.

MLS® Number2606021

Locker

Ensuite LaundryNo

Balcony

Furnished

Laundry Level

Exposure

Exterior

GarageNo

Approx. Age1820

Stories3

Pets

Included in Maintenance Fee

Heat

Hydro

Water

Building Insurance

Condo Taxes

Cable TV

Central Air

Parking Maintenance

Utilities

Heat

A/C

Heating Fuel

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

Mar 12, 2026List Date

$389,000List Price

Commute

Commute

Starting Address

Destination Address

Like what you see?

Complete the form and we'll be in touch. No login necessary.

Add a Comment

I want to view this property

By pressing "Take a Tour", I confirm that I have read and agree to the eXp Privacy Policy, and Terms of Use.

By pressing "Take a Tour", I am electronically signing and consenting to receive marketing communications (about real estate brokerage and mortgage lending services), that may be delivered to me via email, telephone and/or text messaging (using "automated technology" such as an automatic telephone dialing system, and/or an artificial or prerecorded voice), from eXp Realty® and its independent contractor real estate professionals and their affiliate SUCCESS® Lending using the contact information I provided. Your consent is not a condition of purchase and you may revoke it at any time by replying "STOP" to any of our texts or by emailing [email protected]. Message and data rates may apply. You may also contact us directly at 1-844-683-4664.

Similar Listings

Comparable Properties

Explore eXp Find an Agent Join eXp Investor Relations Company Careers Home Guides

eXp Life Zoocasa SUCCESS®SUCCESS® Lending eXp Revenos eXp Commercial eXp Luxury eXp Land and Ranch Accessibility

Terms and Conditions Privacy Rights Request Privacy Policy Cookie Policy Brand Guidelines Help Sitemap

2219 Rimland Drive, Suite 301, Bellingham, Washington, 98226

1 833-303-0610

[email protected]

eXp REALTY

DMCA Notice

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply

Fair Housing and Reasonable Accommodations

MLS Compliance Statements

Karen Richards - Designated Managing Broker, Broker Operations - TX

Texas Real Estate Commission information about brokerage services

Texas Real Estate Commission Consumer Protection Notice

eXp Realty® is committed to adhering to the guidelines of The New York State Fair Housing Regulations.The Fair Housing Notice →

*Standardized Operating Procedure for Purchasers of Real Estate Pursuant to Real Property Law 442-H.Learn More →

eXp Realty of California, Inc. | CA DRE# 01878277 | Deborah Penny - Designated Broker

eXp Realty of Southern California, Inc. | CA DRE#01325837 | Jason Crawford – Designated Broker

eXp Realty of Greater Los Angeles, Inc. | CA DRE# 01240990 | Mike Mendibles - Designated Broker

eXp Realty of Northern California, Inc. | CA DRE# 01951343 | Ryan Rosas - Designated Broker