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5 South Main St, Petersburg, WV 26847
sale
$449,900
|
Other
Courtesy Of May Kline Realty LLC
Multi-Purpose Building with Storefront, Venue, and Apartments in Petersburg, WV. Great investment opportunity in a prime location. This property offers multiple streams of income under one roof, perfect for an entrepreneur or investor looking for a cash-flowing asset. Storefront with high foot traffic, ideal for retail or a small business. Glamorous Ballroom/Venue: Suitable for all types of public events, including weddings, dinners, receptions, and more. Endless possibilities for this large, versatile space. Two Upper-Level Apartments: Larger Apartment: Newly remodeled 3-bedroom, 2-bathroom unit. Spacious, modern, and ready to move in. Currently rented at $1,000/month. Smaller Apartment: Cozy 1-bedroom, 1.5-bathroom unit, perfect for singles or couples. Currently rented at $70/month. Two private parking spaces for tenants or customers. Off-site parking available for additional convenience. This property is priced for cash flow and offers multiple income streams with a great location that attracts foot traffic. Whether you are looking for a retail location, a venue for events, or rental income from apartments, this building has it all! Don't miss out on this unique opportunity.
Copyright © 2025 Harrisonburg-Rockingham Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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Property Features
- Age: Over 50 Years Old
- Architecture Style: Other
- Building Units: 4
- Cooling System: Central Air
- Exterior Type: Brick
- Floor Covering: Wood
- Floor Covering: Concrete
- Floors: 2
- Heating System: Electric (Heating)
- Heating System: Oil
- Heating System: Heat Pump (Heating)
- Heating System: Forced Air
- Legal Description: Lot Main Street
- MLSID: 661308
- Parking Spaces: 2
- Roof Type: Other
Demographic Data for
Average Age
46
Married
44%
Number of Homes
2,328
Homes with Children
22.15%
Occupation Type
Transportation to Work
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