Active Listing

600 W Wythe St
Petersburg, VA 23803

$

Industrial, Multi-Family, Warehouse
Property Type


Units

5.03 AC
Parcel

277,408 SF
GBA

Property Summary

PROPERTY INFO

  • 277,000 sq. ft. surface parked historic warehouse
  • Residential PUD (Planned Unit Development) zoning
  • Eligible for state and federal tax credits
  • Historic designations in hand.

SUBMARKET METRICS

  • Multifamily sales in Petersburg have grown 3x over the several years
  • Submarket pricing has increased by nearly $50,000 per unit since 2017
  • Rent growth and occupancy have tracked those of Richmond proper
  • Limited development pipeline supports healthy absorption

PROPERTY DETAILS

Units 1
Parcel ID 023-300005
Const. Materials Brick
Zoning Desc. PUD
Construction Date 1903
Co-broker Fee Yes

63
Walkability

48
Transit

PROPERTY PHOTOS

PROPERTY LOCATION

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