Skip To Content

18 S Adams Street

Petersburg, VA 23803
  • $595,000
  • STATUS: Active
  • ON SITE: 31 Days
  • MLS #: 2501136
UPDATED: 60 min ago
$595,000
  • 0
    BEDS
  • 0.11
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1965
County:

School Ratings & Info

Description

Located at 18 S. Adams St, this 4,284 sq ft, two-story property offers an unparalleled investment opportunity in a rapidly developing area. Situated just one mile from the forthcoming Sycamore Grove developmenta dynamic project featuring 76,490 sq ft of retail space, 388 retail parking spaces, 145 residential units with up to 290,000 sq ft of living space, and 239 residential parking spacesthis property is perfectly positioned for future growth. Within half a mile, you'll find Historic Old Towne Petersburg and the soon-to-be-redeveloped Ramada Inn site, with the future Live! Casino and Hotel just five miles away. The property, set on 0.11 acres, is being sold with Fashion Care Cleaners, a well-established dry cleaning business generating $125,000 annually. All business assets, including furniture, fixtures, and equipment (FF&E), are included in the sale. Featuring a newer roof and a highly walkable location near Dollar General, bus stops, Petersburg Area Transit, and the Petersburg Public Library Conference & Event Center, this property offers excellent visibility and accessibility. Flexible B3 zoning allows mixed-use by right, creating sensational value-add with a currently unused second floor. Just minutes from I-95 and I-295, this is an exceptional chance to own a prime commercial property and a thriving business in a community on the rise.

Monthly Payment Calculator



Central Virginia Regional MLS logo All or a portion of the multiple Listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of Listings. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are © 2025 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved.The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2025-02-16T09:57:30.413.
www.kevincurriegroup.com/homes/159468874
Print Image

18 S Adams Street Petersburg, VA 23803

  • Price: $595,000
  • Status: Active
  • On Site: 31 Days
  • Updated: 60 min ago
  • MLS #: 2501136
0
Beds
0
Baths
0
½ Baths
0.11
Acres
1965
Built
Neighborhood:
57 - Petersburg
County:
Petersburg
Area:
57 - Petersburg
Property Description
Located at 18 S. Adams St, this 4,284 sq ft, two-story property offers an unparalleled investment opportunity in a rapidly developing area. Situated just one mile from the forthcoming Sycamore Grove developmenta dynamic project featuring 76,490 sq ft of retail space, 388 retail parking spaces, 145 residential units with up to 290,000 sq ft of living space, and 239 residential parking spacesthis property is perfectly positioned for future growth. Within half a mile, you'll find Historic Old Towne Petersburg and the soon-to-be-redeveloped Ramada Inn site, with the future Live! Casino and Hotel just five miles away. The property, set on 0.11 acres, is being sold with Fashion Care Cleaners, a well-established dry cleaning business generating $125,000 annually. All business assets, including furniture, fixtures, and equipment (FF&E), are included in the sale. Featuring a newer roof and a highly walkable location near Dollar General, bus stops, Petersburg Area Transit, and the Petersburg Public Library Conference & Event Center, this property offers excellent visibility and accessibility. Flexible B3 zoning allows mixed-use by right, creating sensational value-add with a currently unused second floor. Just minutes from I-95 and I-295, this is an exceptional chance to own a prime commercial property and a thriving business in a community on the rise.
Exterior Features

Construction Materials Brick Block Levels Two Lot Features Level Parking Total 7 Road Frontage Type City Street Roof Flat Topography Level

Interior Features

Basement YN No Building Area Total 4284 Heating Hot Water Other Zoned Heating YN Yes Rooms Total 3

Property Features

Covered Spaces 0 Leasable Area 4284 Lease Considered YN No Ownership Investment Owner- User Possible Use Retail Property Condition Good Condition See Remarks Sewer Public Sewer Water Source Public Zoning Description B3

Central Virginia Regional MLS logo Listing provided by Real Broker LLC: (855) 450-0442. Listing information © 2025 CVRMLS and CBRAR.


Central Virginia Regional MLS logo All or a portion of the multiple Listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of Listings. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are © 2025 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved.The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2025-02-16T09:57:30.413.
 
https://bt-photos.global.ssl.fastly.net/cvrmls/orig_boomver_1_2501136-2.jpg https://bt-photos.global.ssl.fastly.net/cvrmls/orig_boomver_1_2501136-2.jpg https://bt-photos.global.ssl.fastly.net/cvrmls/orig_boomver_1_2501136-2.jpg
Logo
Kevin Currie Group | Hometown Realty
3027 W. Cary St.
Richmond VA, 23221