$410,000

124 W Bank St, Petersburg, VA 23803

  • 2,905 sqft
  • Property Icon Duplex
  • Property Year Built Icon Built in 1820
  • Property Lot Size Icon3,027sqft lot
  • Property Parking Icon 1 car garage
  • Property Price Per Square Feet Icon $141/sqft
  • Property List Date Icon Listed 2 months ago

Property Description

YOU. WILL. NOT. FIND. ANOTHER. LIKE. THIS!!!! Positioned in the heart of downtown, Old Towne Petersburg. This building was originally built in 1820 and the opportunities that come with this property are ENDLESS... currently zoned B-3 (as it was originally a Triplex, it is now being utilized as a Duplex) Retail AND Residential equipped. THIS BUILDING COMES WITH A ROOFTOP TERRACE AND AN ATTACHED GARAGE (garage space could easily be turned into third unit since it's zoned as such). It also has dedicated parking on the paved parking lot in the back AND is directly adjacent to Bartow Alley, which also has a parking lot on the other side. The roof was replaced 6 months ago with thermoplastic polyolefin, along with the second floor HVAC (2025), and fully water proofed basement with a second sump pump for added peace of mind. There is direct access from the attached garage to the first level unit... perfect for some one looking to move into the bottom unit and rent out the top (the entrances are completely separate and have their own mailbox/metered utilities). The HVAC in the bottom unit was replaced in 2021. The exposed brick runs throughout both units and the entrance to the rooftop terrace is off of the second floor living/dining room area. Each unit is currently 1 BR, and 1 BATH but the downstairs unit is massive and there is plenty of room to add a second bedroom OR put up a divider and use the space in the front as it was originally intended as a storefront! Although this property is perfect for investors/mixed use, IT DOES NOT REQUIRE any rehabilitation and is in impeccable condition; MOVE IN READY!!!

Listing Status:
Pending
Data Last Updated:
February 12, 2026 at 7:18AM
Listing Office:
KW Metro Center : (804) 858-9000
Listing Agent:
Casey Toney : (804) 397-9901
MLS ID:
2532217
  • General: High CeilingsMain Level Primary
  • Appliances: Electric Water Heater
  • Basement: Partial
  • General: Paved DrivewayGazebo
  • Style: ColonialTwo Story
  • Other Structures: GazeboBalconyDeck
  • Parking: AttachedDirect AccessDrivewayGarageGarage Door OpenerPavedParking Lot
  • Roofing: Built-UpOtherPitched
  • General: Brick2
  • Originating MLS: CVR
  • County: Petersburg
  • Zoning: 34.55 X 79.85-96.8011-230004
  • Water: Public
  • Sewer: Public Sewer
  • Source: CVR
  • Ownership: IndividualsSole Proprietor

This listing courtesy of Casey Toney , KW Metro Center

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

P

Pleasants Lane Elementary School

100 Pleasants Ln, Petersburg, VA, 23803

Grades KG-5

1.88 miles away

V

Vernon Johns Middle School

3101 Homestead Dr, Petersburg, VA, 23805

Grades 6-8

3.11 miles away

P

Petersburg High School

3101 Johnson Rd, Petersburg, VA, 23805

Grades 9-12

3.09 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.