702, 704 & 712 Grove Ave Petersburg, VA 23803

$1100000

Mixed Use
Property Type


Units

.226 AC
Parcel

6,996 SF
GBA

Active Listing

About This Property

One South Commercial is pleased to offer 702, 704, and 712 Grove Ave – a mixed-use property located in the heart of historic Petersburg, Virginia. Conveniently located in historic downtown Petersburg just blocks from Virginia State University, this property provides the ideal residence for students, families and working individuals. Close by you will find U.S. Army base Fort Lee, Amazon and other major employers around the tri-cities area that are all situated within the I-95 corridor. 

702, 704, and 712 Grove Ave features two buildings consisting of six historic loft apartments and one commercial retail space currently occupied by a local barbershop. Completely redeveloped, these units feature premium finishes and historic charm. Residents enjoy in-unit washer and dryer and ample off street parking. All residential units are individually metered for electricity. 

The historic redevelopment of 702, 704, and 712 Grove Ave has brought forth a truly unique asset that is perfect for an investor looking to acquire a stabilized mixed use asset. Now is the perfect time to purchase property or grow your portfolio in the ever exciting Petersburg market!  

Additional Information

53
Walkability

41
Transit

Units 7
Parcel ID 010-140003, 010-140001
Const. Materials Brick
Zoning Desc. MXD1
Renovation Date 2014
Co-broker Fee Yes

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