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Investment Highlights

  • Turn-key investment, up and running restaurant.
  • High car count.
  • Fully renovated building, new roof, HVAC, fixtures, equipment.

Executive Summary

*Investors and Restauranteurs Wanted*
Now is the Time to Invest in Petersburg. With all the new construction, renovations and Casino coming, this FULLY renovated and 100% TURN-KEY Mexican restaurant ready for Immediate operation can be the perfect start. This well-maintained, corner brick building sits on a high visibility stretch of W. Washington St., offering excellent exposure and steady traffic flow. This property includes all new (2-years old) kitchen equipment to include: refrigerator, walk in freezer, soda system, steam and cooking table, all new interior tables, chairs, roof, and 2–5-ton HVAC systems. Allowing for a seamless transition for new ownership. The space is designed for efficiency and ready for your concept or franchise branding. A standout feature is the finished upper level, that also includes room, bathroom with shower, office, and 4- windows, perfect for office, and additional storage, employee area, or common area. Positioned in the heart of Petersburg, this location benefits from the ongoing city improvements and a consistent customer base of local residents, builders, vendors, and local guests looking for that quick and tasty meal. Known for its Burrito's, and menu of other tasty treats making this a great stop for meals. Don't wait, drive by and take a look today. Contact our team if you are interested.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
3,897 SF
Building Class
C
Year Built/Renovated
1934/2024
Price
$699,000
Price Per SF
$179.37
Tenancy
Single
Building Height
2 Stories
Slab To Slab
9’
Building FAR
1.44
Lot Size
0.06 AC
Zoning
B-2
Frontage
106’ on South St

Amenities

  • Restaurant
  • Signage
  • Signalized Intersection
  • Air Conditioning
  • Smoke Detector

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • Bravo Burrito
  • Accommodation and Food Services
  • -
  • -
  • -
Tenant Industry SF Occupied Rent/SF Lease End
Bravo Burrito Accommodation and Food Services - - -
Fairly walkable
40/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
40/100

Nearby Major Retailers

Truist
Fat Tuesday

Property Taxes

Property Taxes

Parcel Number
023-08-0016
Land Assessment
$15,000
Improvements Assessment
$121,400
Total Assessment
$136,400
  • Listing ID: 40379319

  • Date on Market: 5/2/2026

  • Last Updated:

  • Address: 801 W Washington St, Petersburg, VA 23803

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