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5 S Main Street

$449,900

5 S Main Street, Petersburg, WV 26847

Active
Last Updated: 06/30/2025

7,906 sqft

Building Size

1940

Year Built

Details:
Building Size:    7,906 sqft
Year Built:    1940
Price Per Sqft:    $56.91
Zoning:    COMMERCIAL
Roof:    Rubber
Highlights:
  • Days on Market: 119
  • Heating: Heat Pump(s), 90% Forced Air
Description:

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 $700/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.

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