Residential Land for Sale in Petersburg, Virginia

PACKAGE DEAL - 8 BUILDING LOTS & 1 NEW CONSTRUCTION HOME FOR $500,000. Attention Investors or Builders, the Seller is selling the following: 8 building lots which are located at 933 Commerce St, 929 Commerce St, 925 Commerce St, 919 Commerce St, 915 Commerce St, 909 Commerce St, 905 Commerce St and at 1106 West High St. They are zoned R-2. GREAT OPPORTUNITY TO PICK UP 8 BUILDING LOTS AND 7 OF THESE LOTS ARE ALL TOGETHER ON COMMERCE ST. You could build single family homes to sell or build rental properties. These building lots on Commerce St were rezoned in March 2025 and are ready to go. Also, the Commerce St lots are in the Enterprise Zone which means the building permit fees are zero and the water & sewer tap fees are reduced by half. In addition, there are a couple of water meters/water meter boxes located on Commerce which will offer some additional discounts on the lots they correspond with. The new home is located at 901 Commerce St and it was recently finished in 2026. This home has 3 bdrms, 2.5 baths, 1676 finished sqft and is available to view.