Auction Information
4.92 Acres in Petersburg, VA
4.917 Acres in Downtown Petersburg
Offered in 2 Tracts with 8 Buildings Totaling 63,740sf Under Roof
Formerly used by Builders Supply of Petersburg
The site is accessed from North Market Street and North Davis Street.
There is a perimeter chain link fence with gate.
Tract 1: 2 Acres
One 14,600 sq. ft. cinder block building. The building has a clear height of 18, is clear span inside, and has two dock height loading doors that are 15 wide x 10 high. It also has one ground level door that is 16 wide x 15 high. There is also 100 amp service in the building and is wired for a security alarm. This tract will have a fee simple easement as well as a deeded easement to and from North Market St. It also has almost 75 of frontage on North Davis St. There is also a small open storage shed that is 50 wide x 18 deep x 10 high.
Tract 2: 2.9 Acres
Five buildings of various sizes and shapes. There is...
Five buildings of various sizes and shapes. There is a 2 story office building right on N. Market St. that has multiple uses. Parts of this building are many years old while other sections have been constructed in the last 10 years.
Minimum High Bid of $115,000 for Tract 1
Minimum High Bid of $235,000 for Tract 2
Combined Tax Assessed Value of $726,800
Tract 1: Building 11
Built in 1985. The building is constructed with 12 cinder block walls, clear span wood truss A roof, and concrete slab floor. The BGA is 14,600sf.
Tract 2: Building 1
Brick construction with reinforced concrete and steel construction. GBA is 5,000sf.
Tract 2: Building 2
Built in 1900. First floor is finished with 13 brick wall with office area with hear and cooling. Second floor is unfinished with 10 ceilings.
Total GBA is 3,400sf or 1,700sf per floor.
Tract 2: Building 3
Built in 1945. This building is comprised of two stories, each floor 3,600sf. First floor is finished with central air & heat and 10 ceilings. Second floors is unfinished with 10 ceilings.
Tract 2: Building 4
Built in 1930. Comprised of wood & post beam construction, slab floor, and 10 ceilings. The building is 8,800sf.
Tract 2: Building 6
Built in 1970. Comprised of 12 cinderblock walls with a 170
opening on one side, clear span wood trusses, and a slab floor.
Ceiling clearance at 18 and a GBA of 12,000sf. This building was used for lumber storage with sprinkler systems.
Tract 2: Building 8
Built in 1959. This building is constructed with 12 cinderblock walls, clear span metal bar joist with metal deck and built up roof. The building is 12,740sf. Ceiling height is 14 and dry value sprinklers.
Tract 2: Building 10
Built in 1963. This building is ideal for open storage.
Open Houses
Wednesday, October 2nd (12-2pm)
Tuesday, October 8th (12-2pm)
Self-guided tours welcome at your leisure, Monday-Friday (9am-4pm)
Real Estate Terms: 10% Buyers Premium added to high bid(s) to determine contract sales price(s). 10% deposit due on the day of the auction with the balance due at closing within 30 days. Potential buyers must perform such independent investigations with respect to property as they deem necessary to verify information provided by the auction company and/or seller. All information provided by the auction company and/or seller is deemed reliable but not warranted. All property is being sold as is without representations or warranties of any kind or nature. Full terms available online and displayed on day of the auction. VAAF93
From elevation to risk assessment
Search for detailed parcel information including; Elevation & Vegetation Maps, Ownership Information, Detailed Parcel Information, Crop History Map, Soil Survey Productivity Data, and more.
Research Parcel InformationDirections
From I-95, take exit 69 toward Old Towne Petersburg/Wythe St/Washington Street. Go 0.3 miles and merge onto Rt. 301 North (Washington St.). Go 0.9 miles on Washington Street to North Market St. Turn right onto North Market Street, and go 0.2 miles. The property will be on the left.