Petersburg, 3,160sf Or.0725ac Lot Zoned B-2 For Possible

3,160sf or.0725ac lot zoned B-2 for possible business or residential use. This property is sold individually or as part of a 10.5% Cap Rate Portfolio of 53 Properties located in Downtown Petersburg area and including twelve multi-family, 37 single-family, two commercial and 2 vacant lots at Va. State University, Fort Lee military base, multiple industrial companies, such as tobacco companies, Walmart distribution and Listedbuy. com in neighboring Dinwiddie County provide a stable and growing tenant base and opportunity to increase rents with cosmetic improvements. Petersburg is located on the Interstate 95 corridor is experiencing rapid population growth and development. With existing Amtrak daily northeast regional connection and the planned east coast light-rail system Petersburg is more accessible and an affordable option.