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1932 E Washington St
Petersburg, VA 23803
Retail Property For Sale
Investment Highlights
- Heavy traffic area
- Several improvements since 2016
- Ample residential homes for inside grocery sales
Property Facts
Property Type
Retail
Property Subtype
Service Station
Building Size
1,320 SF
Building Class
C
Year Built/Renovated
1985/2016
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Lot Size
0.74 AC
Zoning
B-2
Frontage
250’ on Washington St
Amenities
- Air Conditioning
About 1932 E WASHINGTON ST , PETERSBURG, VA 23803
Incredible opportunity to purchase this working BP branded service station with an excellent revenue stream. The real estate includes the land and the existing structure. Recent improvements to the property include: pumps replaced in 2019, new underground storage tanks installed in 2014 and have a lifespan of 25+ years, canopy replaced in 2016, and roof replaced in 2016. Gasoline sales average 50,000 gallons monthly and indoor sales average $70,000 monthly. Fantastic road frontage on E Washington Highway with limited existing competition and multiple neighborhoods to support grocery and food sales.
Property Taxes
| Parcel Number | 004-20-0007 | Improvements Assessment | $479,100 |
| Land Assessment | $156,900 | Total Assessment | $636,000 |
Property Taxes
Parcel Number
004-20-0007
Land Assessment
$156,900
Improvements Assessment
$479,100
Total Assessment
$636,000
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