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About This Home

This 0-bedroom, 0-bathroom commercial at 5 SOUTH MAIN ST in Petersburg, WV is listed for $389,900 ($49 per sqft). Built in 1940, the home offers 7,906 sqft of living space on a 0.11 acres lot.

Agent Description

FANTASTIC INVESTMENT! 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 $800/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.

Key Features

  • Built in 1940
  • 0.11 acre lot
  • 2 stories
  • 2 parking spaces

Property Details

2 stories
2 spaces
1940

Monthly Cost Estimate

$2,085/mo

20% down · 6.5% · 30 years

Principal$282
Interest$1,690
Insurance$114

Estimates only. Actual payments may vary.

Location

5 SOUTH MAIN ST

Petersburg, WV 26847

Property Details

Flooring

ConcreteWood

Construction

Brick

Parking

Offsite

Heating

Electric (Heating)Forced AirHeat Pump (Heating)Oil

Cooling

Central Air

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 5 SOUTH MAIN ST is listed at $389,900 ($49/sqft). The estimated monthly payment is $1,690 based on 20% down at 6.5% interest.

Key features include: Built in 1940, 0.11 acre lot, 2 stories, 2 parking spaces.

This property is listed by Susan Melendez and can be reached at 5405604935 or susan.melendez@klinemay.com.

SM

Susan Melendez

Agent at Kline May Realty

(540) 560-4935

Listed by Kline May Realty · View on Broker Site

MLS# 675718· Source: listhub· Updated 49 days ago

Copyright © 2026 Harrisonburg-Rockingham Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

5 SOUTH MAIN ST, Petersburg, WV 26847

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