122 & 124 N Sycamore St Retail FOR SALE


Petersburg, VA - Old Towne Petersburg
$600,000 USD
804-873-6868

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$600,000 USD
Retail - FOR SALE
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122 & 124 N Sycamore St
Petersburg, VA
Old Towne Petersburg


HIGHLIGHTS

  • Portfolio includes two contiguous downtown commercial properties.
  • Located along Petersburg's historic North Sycamore Street corridor.
  • Situated within the Petersburg Courthouse Historic District.
  • Walkable location near government, retail, dining, and business services.
  • Opportunity for adaptive reuse, mixed-use, or investment strategies.
  • Benefits from ongoing revitalization activity throughout Downtown Petersburg.

OVERVIEW

The offering of 122 N Sycamore Street and 124 N Sycamore Street presents an opportunity to acquire two contiguous commercial assets in the heart of Downtown Petersburg's historic core. Positioned along North Sycamore Street, the portfolio benefits from frontage within one of the city's most recognizable commercial corridors, surrounded by a concentration of retail, office, residential, dining, and mixed-use properties that continue to support ongoing revitalization efforts throughout Old Towne. Together, the properties provide investors with the ability to control a larger footprint within Petersburg's established downtown environment while benefiting from the character and architectural significance that have made North Sycamore Street a focal point of the city's commercial activity for generations. The corridor is located within the Petersburg Courthouse Historic District, an area recognized for its collection of commercial buildings, institutional landmarks, and walkable urban setting. The portfolio offers potential value through continued rehabilitation, adaptive reuse, mixed-use redevelopment, owner-occupancy, or long-term investment strategies, subject to buyer due diligence and applicable approvals. Its downtown location provides convenient access to regional transportation routes serving the Richmond metropolitan area and Central Virginia, while nearby government offices, local businesses, restaurants, and community amenities help support daily activity throughout the district. For investors seeking a presence within Petersburg's evolving downtown market, this portfolio combines scale, historic character, and a location along one of the city's most established commercial streets.

ASK ABOUT THIS PROPERTY

Cameron StaplesLong & Foster Real Estate, Inc.More Info
804-873-6868

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Cameron StaplesLong & Foster Real Estate, Inc.More Info
804-873-6868

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.