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216 N Sycamore St 4,368 SF 61% Leased Retail Building Petersburg, VA 23803 $1,466,741 CAD ($335.79 CAD/SF) 8.55% Cap Rate
Investment Highlights
- Seven Rental Units Consisting of Commercial and Mutli-Family Uses
- Located in Old Towne Petersburg Near Courthouse, Police Station, Restaurants, and Other Businesses
- Outdoor Seating / Common Area on First Floor and Upstairs
- Call Broker for Rent Roll and Other Information
Executive Summary
Currently, the first floor and two units on the second floor are commercial uses. One unit on the second floor and three units on the third floor are multi-family uses.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
4,368 SF
Building Class
C
Year Built
1840
Price
$1,466,741 CAD
Price Per SF
$335.79 CAD
Cap Rate
8.55%
NOI
$125,433 CAD
Percent Leased
61%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
1.48
Lot Size
0.07 AC
Opportunity Zone
Yes
Zoning
B3 - Central Commercial District which is also in a Historic District. Intended to provide a mix of commercial, automotive, and recreational activities
Frontage
Space Availability
- Space
- Size
- Space Use
- Position
- Available
- 1st Fl
- 1,700 SF
- Retail
- -
- Now
| Space | Size | Space Use | Position | Available |
| 1st Fl | 1,700 SF | Retail | - | Now |
1st Fl
| Size |
| 1,700 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
Walk Score®
Very Walkable (77)
Nearby Major Retailers
Property Taxes
| Parcel Number | 011-23-0030 | Improvements Assessment | $555,916 CAD |
| Land Assessment | $41,017 CAD | Total Assessment | $596,933 CAD |
Property Taxes
Parcel Number
011-23-0030
Land Assessment
$41,017 CAD
Improvements Assessment
$555,916 CAD
Total Assessment
$596,933 CAD
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216 N Sycamore St
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