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Restaurant & Building for sale. 801 W Washington St 3,897 SF Retail Building Petersburg, VA 23803 $699,000 ($179.37/SF)



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.
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
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
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
Property Taxes
| Parcel Number | 023-08-0016 | Improvements Assessment | $121,400 |
| Land Assessment | $15,000 | Total Assessment | $136,400 |
Property Taxes
Parcel Number
023-08-0016
Land Assessment
$15,000
Improvements Assessment
$121,400
Total Assessment
$136,400
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Restaurant & Building for sale. | 801 W Washington St
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