20 W Bank Street

Estimated Monthly Payment: $28,282/mo 20 W Bank Street, Petersburg, VA 23803 MLS# 1922693 Commercial Sale Listing Status: Active
73,086 sqft
73
29
0
4

REMARKS:

The entire building went through a total rehabilitation in 2002 when it was built out for the current tenant. This Net Leased Office Investment offers a buyer an extremely stable tenant, the Department of Behavioral Health & Developmental Services (Mental Health Services) for AAA-bond rated State of Virginia. This historic building is currently occupied by administrative personnel of the District 19 Mental Health Services and is perfect for their use as the location is at the geographic center of the district. The State has occupied the building for the past 15 years and the current lease extends until 2030. With 73, 086 of square footage of office space, sitting on 2.13 acres, this property is zoned B-3. The building features large timber beams, steel girders, five- brick thick walls, numerous skylights, large open spaces, hardwood floors, elevator, and high ceilings. Recently completed improvements to the property include new roofs, new or reconditioned windows, new HVAC systems, electrical upgrades, and parking lot repaving.

OVERVIEW:

Commercial Sale
Active
804-353-0009
57 - Petersburg
1845
73086
Built-Up
Central Air
Public
Level

FINANCIAL:

$6,202,000

NEIGHBORHOOD & SCHOOL INFORMATION:

Broker Reciprocity Courtesy of One South Realty Group, LLC

 

Date last updated: 08/19/2019

 

All or a portion of the multiple listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of listings. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of listings and each individual listings are ©2019  Central Virginia Regional Multiple Listing Service, LLC. All rights reserved