Property Attributes
- MLS#VAFB2003900
- TypeCommercial
- CountyFREDERICKSBURG CITY
- CityFredericksburg
- Zip22401
- StyleApartment Building,Bed and Breakfast,Big Box Retai
- Year Built1929
- Taxes$ 4968
- Price$ 990,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage4000
- Lot Size0.49 Acres
Data Source:
Bright MLS
Property Description
Welcome to downtown FxBG! This main-road facing, nearly 0.5 acre property is ripe for retail or redevelopment! ONLY 4 BLOCKS FROM THE RIVER!! The 4000 sqft building is currently vacant and was ran as an auto shop for decades. The lot comfortably fits 30-40 vehicles and with major renovation, it can be revived as an auto shop as well as other uses. Phase 1 & 2 Environmental studies done! Rezoned recently to CM (Creative Maker). Over 100 uses allowed including Auto Repair Shop, car wash, mixed used, Townhomes, Apartment building, daycare, art center (community services), vocational trade school, medical space, religious building, brewery, bakery, restaurant, strip mall, light manufacturing etc. Commuter's dream with Amtrak minutes away. Unique local breweries and eateries abound nearby. Downtown Fredericksburg is projected to grow by nearly 8% over the next 5 years and revitalization is well underway! Opportunities on this lot are endless!
Price History | |
---|---|
4/27/2023 | Listed $1,199,900 |
9/8/2023 | 18% - $990,000 |
General Features
Sewer | Public Sewer |
---|---|
Heating | Forced Air |
Cooling | Central A/C |
Utilities | Multiple Phone Lines,Sewer Available,Water Available,Electric Available |
Possession | Immediate,0-30 Days CD |
Roof | Asphalt |
Zoning | COMMERCIAL DOWNTOWN |
Construction Materials | Block |
Year Built | 1929 |
View | City |
Property SubType | Retail |
Tax Year | 2019 |
Percent Ownership | Fee Simple |
Cool Fuel | Electric |
Business Type | Apartment Building,Bed and Breakfast,Big Box Retail,Convenience Store/Gas,Day Care Facility,Restaurant/Bar,Supermarket/Grocery Store,Other |
Accessibility | None |
County | FREDERICKSBURG CITY |
New Construction | No |
Property Type | Commercial Sale |
Possible Use | Commercial,Mixed Use,Residential,Restaurant,Retail,Spa,Shopping Center,Senior Assisted/Day Care,School,Office,Multi-Family,Investment,Funeral Home,Dry Cleaner,Church,Apartments |
Water Access Y/N | No |
Status | ACTIVE |
Directions | 2 blocks from downtown proper |
ModificationTimestamp | 2024-04-19T04:02:28 |
City | FREDERICKSBURG |
Buyer Agent Compensation | 3 |
Total Units | 3 |
Lot Size Square Feet | 21468.00 |
Tax Assessed Value | 584500.0 |
Waterfront Y/N | No |
Street Name | KENMORE |
Tax Annual Amount | 4968.0 |
Price Per Sq Ft | 285.71 |
Acceptable Financing | Cash,Joint Venture,Other,Seller Financing,Exchange |
Historic Y/N | No |
Vacation Rental Y/N | No |
Days on Market | 359 |
Location Type | Downtown |
Standard Status | Active |
Year Built Source | Estimated |
Buyer Agent Compensation Type | % Of Gross |
Association Recreation Fee | No |
Interior Features
Heating Fuel | Oil |
---|---|
Flooring | Concrete |
Hot Water | Electric |
Total Stories | 1 |
Heating Y/N | Yes |
Street Suffix | AVENUE |
Central Air Y/N | Yes |
Exterior Features
Water Source | Public |
---|---|
Type of Parking | Parking Lot,On Street |
Foundation Details | None |
Water View Y/N | No |
Building Area Total | 3465.00 |
Lot Size Acres | 0.49 |
Road Surface Type | Black Top |
Lot Size Units | Square Feet |
Lot Size Source | Estimated |
Road Responsibility | City/County |
Land Assessed Value | 472300.00 |
Navigable Water Y/N | No |
Water Oriented Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool