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2542 S Crater Rd 3,123 SF Retail Building Petersburg, VA 23805 $795,869 CAD ($254.84 CAD/SF) 6.36% Cap Rate
Investment Highlights
- Heavy Traffic street front, 54 parking lots.
- New HVAC
Executive Summary
- All new plumbing all the way to city line .
-New LED lights through inside and out.
-2 New HVAC - 5 Ton Heat Pump 3 phase .
Currently under lease for a Mexican mini Market and restaurant for 5 years.
Lease expires June 2029
serious buyers inquiry please .
-New LED lights through inside and out.
-2 New HVAC - 5 Ton Heat Pump 3 phase .
Currently under lease for a Mexican mini Market and restaurant for 5 years.
Lease expires June 2029
serious buyers inquiry please .
Property Facts
Sale Type
Investment
Sale Condition
Sale Leaseback
Property Type
Retail
Property Subtype
Building Size
3,123 SF
Building Class
C
Year Built
1972
Price
$795,869 CAD
Price Per SF
$254.84 CAD
Cap Rate
6.36%
NOI
$50,585 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.13
Lot Size
0.54 AC
Zoning
B-2 - Community Business
Parking
54 Spaces (17.29 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Bus Line
- Pylon Sign
- Signage
Nearby Major Retailers
Property Taxes
| Parcel Number | 066-06-0019 | Improvements Assessment | $156,725 CAD |
| Land Assessment | $243,351 CAD | Total Assessment | $400,077 CAD |
Property Taxes
Parcel Number
066-06-0019
Land Assessment
$243,351 CAD
Improvements Assessment
$156,725 CAD
Total Assessment
$400,077 CAD
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2542 S Crater Rd
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