1965 Wakefield Avenue Petersburg, VA $ 1,200,000
1965 Wakefield Avenue
$ 1,200,000
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1965 Wakefield Avenue

Petersburg, VA, 23805
$ 1,200,000
Bedrooms-- Baths-- Sq 14,553

Monthly Estimate*

$ 8,288

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Commercial Property for sale in Petersburg, VA for $1,200,000. This 14,553 square foot building was built in 1979 on a lot size of 1.03.

The property is the former Virginia Commonwealth Bank main office which is now Blue Ridge Bank due to the merger/acquisition of the two banks. The corporate offices have relocated and the branch bank of BRB occupies the first floor. 2nd floor rented 3 years, and the 3rd floor is available for rent. BRB is dedicated to remaining in the area and will continue to leaseback from new investor / owner as part of the "terms of sale".

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Commercial Active

Price

$ 1,200,000

Property Type

Commercial

Taxes

$ 0

Style

Lot Size

1.03

Year Built

1979

Town/City

Petersburg

County/Region

Petersburg

MLS | Web ID

2125752

Features
General
Heating Heat Pump Zoned
Possession Close Of Escrow
Roof Flat
Construction Materials Brick
Year Built 1979
Stories 3
Levels Three Or More
Percent Ownership Investment Owner-User
Accessibility Accessibility Features
County Petersburg
Property Type Commercial Sale
Possible Use Office
Building Features Elevator(s) Multi-Tenant
Full Baths 0
Status Active
Zoning Description B2
MLS Area 57 - Petersburg
Lot Size Units Acres
Year Built Details Actual
Property Condition Good Condition
Leasable Area 14553
Lease Considered Y/N false
Days on Market 1911
Standard Status Active
Tax Assessed Value 1264900
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Interior
Total Stories 3
Basement (Y/N) false
Heating Y/N true
Half Baths 0
Total Baths 0
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Exterior
Water Source Public
Lot Size Area 1.03
Building Area Total 14553
Lot Dimensions 250x180
Lot Size Acres 1.03
Road Frontage Type City Street
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* Excluded Features
List By
Steve McDonough

Listing Agent

Mcdonough Real Estate Co

Broker

steve@mcdonough.net

Email

Affordability Calculator

$8,288
Per Month
100%
0%
0%
Monthly Principal & Interest
$8,288
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/6/2025$1,200,000 Listed Price

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1965 Wakefield Avenue, Petersburg, VA, 23805 is a Commercial Property for sale at $1,200,000 with 14,553 sqft and a lot size of 1.03. 1965 Wakefield Avenue was built in 1979. The property's zip code is 23805 which is in Petersburg, VA