REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Sun

Nov

Mon

Dec

Tue

Dec

Kate Lucas

katelucasrealestate@gmail.com +1(804) 400-3063

$ 429,900

Est. payment -/mo

Save

Price Dropped by $20K

5 SOUTH MAIN ST Petersburg, WV 26847

7,906 SqFt

UPDATED:

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

Listed by Kline May Realty