5 SOUTH MAIN ST Active Save Request In-Person Tour Request Virtual Tour
Petersburg,WV 26847
Key Details
Property Type Commercial
Sub Type Building
Listing Status Active
Purchase Type For Sale
Square Footage 7,906 sqft
Price per Sqft $54
MLS Listing ID 661308
HOA Y/N No
Year Built 1940
Annual Tax Amount $1,547
Tax Year 2024
Lot Size 4,791 Sqft
Acres 0.11
Property Sub-Type Building
Property Description
PRICE IMPROVEMENT ON THIS FANTASTIC INVESTMENT! Multi-Purpose Building with Storefront, Venue, and Apartments in Petersburg, WV. Great investment opportunity in a prime location. This property offers multiple streams of income under one roof, perfect for an entrepreneur or investor looking for a cash-flowing asset. Storefront with high foot traffic, ideal for retail or a small business. Glamorous Ballroom/Venue: Suitable for all types of public events, including weddings, dinners, receptions, and more. Endless possibilities for this large, versatile space. Two Upper-Level Apartments: Larger Apartment: Newly remodeled 3-bedroom, 2-bathroom unit. Spacious, modern, and ready to move in. Currently rented at $1,000/month. Smaller Apartment: Cozy 1-bedroom, 1.5-bathroom unit, perfect for singles or couples. Currently rented at $70/month. Two private parking spaces for tenants or customers. Off-site parking available for additional convenience. This property is priced for cash flow and offers multiple income streams with a great location that attracts foot traffic. Whether you are looking for a retail location, a venue for events, or rental income from apartments, this building has it all! Don't miss out on this unique opportunity.
Location
State WV
County Petersburg
Zoning None
Direction At intersection of 28 and 220 traffic light, property is the second building located on the South side of the street in Petersburg, WV.
Interior
Heating Electric,Forced Air,Heat Pump,Oil
Cooling Central Air
Flooring Concrete,Wood
Fireplace No
Exterior
Parking Features Off Site,Private,Three or more Spaces,On Street
Fence None
Utilities Available Natural Gas Not Available
Water Access Desc Connected,Public
Roof Type Other
Street Surface Paved
Total Parking Spaces 2
Building
Foundation Basement
Sewer Connected
Water Connected,Public
Level or Stories Two
Others
Tax ID 12-04-0005-0014-000