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124 W Bank Street, 
Petersburg, VA 23803

$410,000


Bed


Bath


2,905

Sq Ft


Multi-Family

Pending

Listed by

Casey Toney

Kw Metro Center

804-858-9000

Last updated:

January 20, 2026, 05:55 AM

MLS#

2532217

Source:

RV

About This Home

124 W Bank Street

YOU. WILL. NOT. FIND. ANOTHER. LIKE. THIS!!!! Positioned in the heart of downtown, Old Towne Petersburg. This building was originally built in 1820 and the opportunities that come with this property are ENDLESS... currently zoned B-3 (as it was originally a Triplex, it is now being utilized as a Duplex) Retail AND Residential equipped. THIS BUILDING COMES WITH A ROOFTOP TERRACE AND AN ATTACHED GARAGE (garage space could easily be turned into third unit since it's zoned as such). It also has dedicated parking on the paved parking lot in the back AND is directly adjacent to Bartow Alley, which also has a parking lot on the other side. The roof was replaced 6 months ago with thermoplastic polyolefin, along with the second floor HVAC (2025), and fully water proofed basement with a second sump pump for added peace of mind. There is direct access from the attached garage to the first level unit... perfect for some one looking to move into the bottom unit and rent out the top (the entrances are completely separate and have their own mailbox/metered utilities). The HVAC in the bottom unit was replaced in 2021. The exposed brick runs throughout both units and the entrance to the rooftop terrace is off of the second floor living/dining room area. Each unit is currently 1 BR, and 1 BATH but the downstairs unit is massive and there is plenty of room to add a second bedroom OR put up a divider and use the space in the front as it was originally intended as a storefront! Although this property is perfect for investors/mixed use, IT DOES NOT REQUIRE any rehabilitation and is in impeccable condition; MOVE IN READY!!!

Home Facts

Multi-Family

Built in 1820

Price Summary

410,000

$141 per Sq. Ft.

MLS #:

2532217

Last Updated:

January 20, 2026, 05:55 AM

Added:

2 month(s) ago


Rooms & Interior

Interior

Living Area:

2,905 Sq. Ft.


Structure

Structure

Architectural Style:

Colonial, Two Story

Building Area:

2,905 Sq. Ft.

Year Built:

1820


Lot

Lot Size (Sq. Ft):

3,027


Finances & Disclosures

Finances

Price:

$410,000

Price per Sq. Ft:

$141 per Sq. Ft.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.