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Listed price in listed location currency (USD).
$299,950

000

MLS® 2532258

  • Key Facts
  • Description
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Key Facts

Type Other
Levels Commercial Sale
Size -
Garage No
HOA Fees 
Taxes 
Days Active 22
Approx. Age 1947
MLS® Number 2532258

Property Address: 530 S Crater Rd, Petersburg, VA, 23803-5256

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

Description

Free-standing commercial building for sale in Petersburg! This property has 1, 380 square feet, electric heat and central air, several rooms, a kitchen, a bathroom, and ample parking in a convenient location. The property has been a gas station, a restaurant, an insurance agency, and is now a day care center - so many commercial possibilities here! Invest and keep the current tenant for some additional income, flip and resell when the lease is up, collect the rent and turn the building into your dream business at the end of the lease, lots of options here! Current tenant pays $1, 800.00 for 2025, and that will go up a percentage every year remaining in the current lease. Current tenant responsible for paying property taxes and insurance, and all utilities. Lease ends March 31st, 2030. Also included is a commercial billboard sign on this property - this lease is up on July 31st, 2034, and the annual rent is $3, 600.00! Total of $25, 000 in income yearly altogether. Come see it.
MLS® Number2532258
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1947
Stories1
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

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Nov 25, 2025List Date
$299,950List Price
  • Commute

Commute

Starting Address
Destination Address
530 S Crater Rd, Petersburg, VA

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