Details for 20 W Bank St, Petersburg, VA 23803
Net Lease Office Investment (15 Years) Situated in Petersburg’s Old Towne Historic District, the 73,086 sq ft building was originally constructed in 1845 and expanded in 1919. This building went through a total rehabilitation in 2002 when it was built out for the current tenant. In addition to the main building, this listing includes a small 2,704 sq ft office building at 110 W Bank St and a parking lot at 111 W Tabb St. This Net Lease Office Investment offers a buyer an extremely stable tenant--the District 19 Community Services Board whose mission is to improve the quality and productivity of the lives of individuals who experience mental disabilities or substance abuse. District 19, an entity affiliated with the Department of Behavioral Health & Development Services for the Commonwealth of Virginia, has occupied the building for the past 15 years and the current lease extends until 2034. This property is located in an Opportunity Zone.