108 E Washington St
Petersburg, VA 23803
Retail Property For Sale

Rare opportunity to acquire the historic and iconic Trailways Terminal in downtown Petersburg. Building has been placed on both historic registers so federal AND state tax credits are available for restoration work done to the building. It is the first interstate bus station to be desegregated in the Commonwealth of Virginia in 1960. It is the last UNALTERED mid-century, Streamline Moderne Trailways bus station in the Commonwealth of Virginia. Located at signalized intersection with 15,000+/- traffic counts. 1.5 blocks from new $25,000,000 Cambria Inn & Suites hotel redevelopment project. Up to $100,000 Real Property Investment Grant enterprise zone grant available. 1,100+/- new apartments are within walking distance. 4,674 sq. ft of interior space and 4,164 sq. ft. of covered outdoor rentable area. This building is ideally suited for restaurant space. Vacant and ready for immediate rehabilitation/restoration. Located at the gateway to historic downtown Petersburg. 1.5 blocks from the $25,000,000 Cambria Inn & Suites redevelopment project and adjacent to the Courthouse Historic District. Surrounded by redevelopment projects.