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712 Grove Avenue

Petersburg, VA 23803
  • $750,000
  • STATUS: Active
  • ON SITE: 294 Days
  • MLS #: 2310791
UPDATED: 17 min ago
$750,000
  • 0
    BEDS
  • 0.15
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1912
County:

School Ratings & Info

Description

The property consists of 4 residential units and one NNN commercial space. Close by, you will find the ever-growing Virginia State University, U.S. Army base Fort Lee, Amazon Fulfillment Center and other major employers in the Tri-Cities area, situated within the I-95 corridor and Richmond MSA. 712 Grove Ave features four historic loft apartments and one commercial retail space, currently occupied by a local barbershop. The building houses three 1-bedroom/1-bathroom units and one 2-bedroom/2-bathroom unit. Completely redeveloped using historical tax credits, all units feature premium finishes and historic charm, including stainless steel appliances, tall ceilings, and hardwood flooring. Residents can enjoy the in-unit washer and dryers and ample off-street parking. All residential units are individually metered for electricity. The historic redevelopment 712 Grove Ave has brought forth a truly unique asset that is perfect for an investor looking to acquire a stabilized mixed-use property. Now is the perfect time to purchase property or grow your portfolio in the ever exciting Petersburg market.

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Central Virginia Regional MLS logo All or a portion of the multiple Listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of Listings. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are © 2024 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved.The information being provided is 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. Data last updated: 2024-02-26T11:57:57.457.
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712 Grove Avenue Petersburg, VA 23803

  • Price: $750,000
  • Status: Active
  • On Site: 294 Days
  • Updated: 17 min ago
  • MLS #: 2310791
0
Beds
0
Baths
0
½ Baths
0.15
Acres
1912
Built
Neighborhood:
57 - Petersburg
County:
Petersburg
Area:
57 - Petersburg
Property Description
The property consists of 4 residential units and one NNN commercial space. Close by, you will find the ever-growing Virginia State University, U.S. Army base Fort Lee, Amazon Fulfillment Center and other major employers in the Tri-Cities area, situated within the I-95 corridor and Richmond MSA. 712 Grove Ave features four historic loft apartments and one commercial retail space, currently occupied by a local barbershop. The building houses three 1-bedroom/1-bathroom units and one 2-bedroom/2-bathroom unit. Completely redeveloped using historical tax credits, all units feature premium finishes and historic charm, including stainless steel appliances, tall ceilings, and hardwood flooring. Residents can enjoy the in-unit washer and dryers and ample off-street parking. All residential units are individually metered for electricity. The historic redevelopment 712 Grove Ave has brought forth a truly unique asset that is perfect for an investor looking to acquire a stabilized mixed-use property. Now is the perfect time to purchase property or grow your portfolio in the ever exciting Petersburg market.
Exterior Features

Construction Materials Brick Levels Two Lot Features Level Road Frontage Type City Street Roof Flat Topography Level

Interior Features

Basement YN No Building Area Total 4788 Cooling Central Air Cooling YN Yes Rooms Total 5

Property Features

Buyer Agency Compensation 2.50 Lease Considered YN No Property Condition Good Condition Sewer Public Sewer Water Source Public Zoning Description MXD1

Central Virginia Regional MLS logo Listing provided by One South Realty Group, LLC: (804) 353-0009. Listing information © 2024 CVRMLS and CBRAR.


Central Virginia Regional MLS logo All or a portion of the multiple Listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of Listings. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are © 2024 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved.The information being provided is 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. Data last updated: 2024-02-26T11:57:57.457.
 
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Marc Austin Properties at EXIT First Realty
11207 Nuckols Road, Suite E
Glen Allen VA, 23059