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124 W Bank St 931 SF of Office/Retail Space Available in Petersburg, VA 23803
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 931 SF | Negotiable | $34.47 CAD/SF/YR $2.87 CAD/SF/MO $32,088 CAD/YR $2,674 CAD/MO | Plus All Utilities |
1st Floor
LUXURY OFFICE / BOUTIQUE COMMERCIAL SPACE – COMING JULY 1ST Old Towne Historic Petersburg | 931 SF | Private Parking Position your business in one of the most sought-after corridors in Historic Old Towne Petersburg. This beautifully renovated commercial space blends timeless architectural character with modern, high-end finishes—creating a refined, professional environment ideal for a wide range of office or boutique uses. Property Highlights: 931 Square Feet of thoughtfully designed commercial space Fully Renovated Interior with upscale, modern finishes throughout Private Office or Conference Room – perfect for client meetings or executive use Abundant Natural Light enhancing productivity and ambiance Private Parking – a rare and valuable amenity in Old Towne Turnkey Condition – ready for immediate occupancy July 1st Unmatched Location: Situated in the heart of Old Towne Historic Petersburg, this property offers exceptional visibility with strong walk-by and drive-by traffic. Surrounded by a vibrant mix of restaurants, cafés, boutiques, markets, and entertainment venues, your business will benefit from consistent foot traffic and a dynamic, growing community. Ideal For: Professional office users, boutique retail, creative studios, consulting firms, or service-based businesses seeking a polished, high-end presence in a prime historic district. This is a rare opportunity to lease a luxury commercial space in one of Petersburg’s most charming and active locations. Spaces of this caliber and location rarely come available. Available July 1st – Inquire Today for More Information or to Reserve Your Space
- Listed lease rate plus proportional share of utilities
- Mostly Open Floor Plan Layout
- 1 Private Office
- 1 Conference Room
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Property Facts
| Total Space Available | 931 SF | Year Built | 1820 |
| Property Type | Retail | Parking Ratio | 3.44/1,000 SF |
| Property Subtype | Storefront Retail/Residential | Cross Streets | Market St |
| Gross Leasable Area | 2,905 SF |
| Total Space Available | 931 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Residential |
| Gross Leasable Area | 2,905 SF |
| Year Built | 1820 |
| Parking Ratio | 3.44/1,000 SF |
| Cross Streets | Market St |
About the Property
LUXURY OFFICE / BOUTIQUE COMMERCIAL SPACE – COMING JULY 1ST Old Towne Historic Petersburg | 931 SF | Private Parking Position your business in one of the most sought-after corridors in Historic Old Towne Petersburg. This beautifully renovated commercial space blends timeless architectural character with modern, high-end finishes—creating a refined, professional environment ideal for a wide range of office or boutique uses. Property Highlights: 931 Square Feet of thoughtfully designed commercial space Fully Renovated Interior with upscale, modern finishes throughout Private Office or Conference Room – perfect for client meetings or executive use Abundant Natural Light enhancing productivity and ambiance Private Parking – a rare and valuable amenity in Old Towne Turnkey Condition – ready for immediate occupancy July 1st Unmatched Location: Situated in the heart of Old Towne Historic Petersburg, this property offers exceptional visibility with strong walk-by and drive-by traffic. Surrounded by a vibrant mix of restaurants, cafés, boutiques, markets, and entertainment venues, your business will benefit from consistent foot traffic and a dynamic, growing community. Ideal For: Professional office users, boutique retail, creative studios, consulting firms, or service-based businesses seeking a polished, high-end presence in a prime historic district. This is a rare opportunity to lease a luxury commercial space in one of Petersburg’s most charming and active locations. Spaces of this caliber and location rarely come available. Available July 1st – Inquire Today for More Information or to Reserve Your Space Join the VIP Waitlist Due to high demand and current contract status, we are only accepting VIP Waitlist inquiries at this time. Applicants on the waitlist will be the first notified when the property becomes available. Schedule a Tour **Private VIP tours available by request and agent approval.** Important Disclaimer Photos used in this listing may include AI-generated or virtually enhanced images intended to illustrate the planned renovation and design. Final finishes, layout details, and appearance may vary and are not guaranteed to match exactly. Prospective tenants are encouraged to verify all features during in-person showings.
- Bus Line
Nearby Major Retailers
Presented by
J&H Capital, LLC
124 W Bank St
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