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Office Warehouse

Rodgers & Son Painting Contractors, Inc.

222 N Market St, Petersburg, VA 23803

Listing Price: $2,750,000

Gross SF
70,000
Price/Gross SF
$39.29
Lot Size
5.00 acres
Year Built
1994
Rentable SF
60,000

Investment Overview

Owner occupied at present. Current lease rates indicate $6,50 psf/yr lease rate per CoStar data available. Great project to spin off office/showroom as a 12 unit apartment building using historic tax credits. The remaining site can be split between two industrial sites. Each one of two site could have it own point of ingress/egress, a main warehouse of at least 50'x300 feet, plus a lay-down yard and additional storage or production buildings.

Investment Highlights

  • Interstate 95/85 location in Petersburg, Virginia.
  • Over 60,000 square feet of built warehouse and accessory structures over nine buildings.
  • Five acre site with multiple lay-down yards.
  • Site configuration could support an apartment building and two separate industrial sites each with own point of ingress/ingress.

Exclusively Listed By

Office Warehouse

Rodgers & Son Painting Contractors, Inc.

Listing Price: $2,750,000

Gross SF
70,000
Price/Gross SF
$39.29
Lot Size
5.00 acres
Year Built
1994
Rentable SF
60,000

Investment Highlights

  • Interstate 95/85 location in Petersburg, Virginia.
  • Over 60,000 square feet of built warehouse and accessory structures over nine buildings.
  • Five acre site with multiple lay-down yards.
  • Site configuration could support an apartment building and two separate industrial sites each with own point of ingress/ingress.

Investment Overview

Owner occupied at present. Current lease rates indicate $6,50 psf/yr lease rate per CoStar data available. Great project to spin off office/showroom as a 12 unit apartment building using historic tax credits. The remaining site can be split between two industrial sites. Each one of two site could have it own point of ingress/egress, a main warehouse of at least 50'x300 feet, plus a lay-down yard and additional storage or production buildings.

Exclusively Listed By

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