25 S SYCAMORE ST
PETERSBURG, VA 23803

ENTREPRENEURS...DON'T SLEEP ON PETERSBURG! This 2-story Downtown Petersburg storefront building offers multiple possibilities. Located a few blocks south of Old Towne and just a block from the NEW Transit Center parking garage, this part of downtown is prime for new development. SMART INVESTORS have taken notice since Gov. Youngkin announced the Partnership for Petersburg initiative. This building is full of vintage charm with original tin ceilings and solid industrial-strength wood flooring on the second floor. It could be used for retail or office space with possible loft-style living space upstairs. Full bathroom upstairs, 2 half-baths downstairs. Partial basement for storage. Upgraded in 2019 with new electric boxes, outlets and a premium LED lighting system for the showroom floor. Gas heat on both levels and central A/C downstairs. Recently in use as the factory and showroom for Ignatius Hats, operational at this location 2019-2022. Parking is available for rent in the lot behind the building. SYNTHETIC MEMBRANE ROOF. Priced to sell AS-IS. A reasonable Inspection/Due Diligence Period will be allowed. May be eligible for Historic Renovation TAX CREDITS.

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