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25 S Crater Road

Petersburg, VA 23803
  • $735,400
  • STATUS: Active
  • ON SITE: 45 Days
  • MLS #: 2232774
UPDATED: 80 min ago
$735,400
  • 0
    BEDS
  • 1.4
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1972
County:

School Ratings & Info

Description

ONLINE BIDDING OPENS FEBRUARY 13 AT 9:00 AM and CLOSES FEBRUARY 15 AT 1:30 PM. List price based on tax assessment. Early offers presented. LENDER REQUEST SALE. 2020 Gross Income $436K. Motel vacant since June, 2022. Last permitted for 70+ Rooms, up to 85 available. Close to I-95 and I-85, 10 min from Fort Lee. Rehab or Redevelop 1.3+ acres. 202 ' Road Frontage. City requests repair or demolition. Opportunity - rehab or redevelop. Last permitted for 70 rooms, more available. 2 building motel on 1.3+ acres, with 86 parking spaces. Motel was operational until June, 2022. Average annual daily traffic count 6,500 vehicles. Cigarette fire in room 106 occurred in 2022. City requests structural inspection, has list of repairs to be done.

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Central Virginia Regional MLS logo 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 Listing are © 2023 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved.The 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. Data last updated: 2023-02-04T17:57:04.443.
www.villagesells.com/homes/135527253
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25 S Crater Road Petersburg, VA 23803

  • Price: $735,400
  • Status: Active
  • On Site: 45 Days
  • Updated: 80 min ago
  • MLS #: 2232774
0
Beds
0
Baths
0
½ Baths
1.4
Acres
1972
Built
Neighborhood:
57 - Petersburg
County:
Petersburg
Area:
57 - Petersburg
Property Description
ONLINE BIDDING OPENS FEBRUARY 13 AT 9:00 AM and CLOSES FEBRUARY 15 AT 1:30 PM. List price based on tax assessment. Early offers presented. LENDER REQUEST SALE. 2020 Gross Income $436K. Motel vacant since June, 2022. Last permitted for 70+ Rooms, up to 85 available. Close to I-95 and I-85, 10 min from Fort Lee. Rehab or Redevelop 1.3+ acres. 202 ' Road Frontage. City requests repair or demolition. Opportunity - rehab or redevelop. Last permitted for 70 rooms, more available. 2 building motel on 1.3+ acres, with 86 parking spaces. Motel was operational until June, 2022. Average annual daily traffic count 6,500 vehicles. Cigarette fire in room 106 occurred in 2022. City requests structural inspection, has list of repairs to be done.
Exterior Features

Construction Materials Block Levels Two Lot Features Level Road Frontage Type City Street Roof Flat Topography Level

Interior Features

Basement YN No Building Area Total 17134 Heating Other

Property Features

Sewer Public Sewer Water Source Public

Central Virginia Regional MLS logo Listing provided by Tranzon Fox Auctions: 804-354-9090. Listing information © 2023 CVRMLS and CBRAR.


Central Virginia Regional MLS logo 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 Listing are © 2023 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved.The 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. Data last updated: 2023-02-04T17:57:04.443.
 
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Village Concepts Realty Group
2603 Anderson Highway
Powhatan VA, 23139