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Freestanding Restaurant Building
For Sale
$1,400,000

2005 LAFAYETTE Boulevard, Fredericksburg, VA 22401

Commercial Sale - FREDERICKSBURG, VA

Property Size1,456 SF
Lot Size0.47 Acres
Price / SF$961.54
Days on Market52

Property Features for 2005 LAFAYETTE Boulevard

General Information

Property type Other
Property subtype Retail
Parking 15
Parking features Parking Lot
Elementary school LAFAYETTE UPPER
Middle school WALKER GRANT
High school JAMES MONROE
Elementary school district FREDERICKSBURG CITY PUBLIC SCHOOLS
Middle school district FREDERICKSBURG CITY PUBLIC SCHOOLS
High school district FREDERICKSBURG CITY PUBLIC SCHOOLS
Standard status Active
Lot size 0.47 Acres

Taxes and HOA fees

Tax Annual Amount 4341

Utilities

Heating system Heat Pump (Heating)
Cooling system Central Air

Building Details

Year built 1986
Building materials Block, Brick, Concrete
Listing Agency: Move4Free Realty, LLC
Listed By: Alberto Leguizamon · License #225204544
Added: Jun 22 Changed: Jul 18 Last Checked: Aug 12 at 2:06AM
MLS# VAFB2010596

Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This property is an improved restaurant site featuring an approximately 1,456-square-foot restaurant building on approximately 0.473 acres. The offering includes multiple acquisition paths, including the real estate with the established restaurant business, real estate only, or the restaurant business only with a new five-year lease subject to mutually acceptable lease terms. The property is zoned CT (Commercial Tourist), with a variety of commercial uses available subject to City approval.

The location is on Lafayette Boulevard in Fredericksburg, Virginia, described as a highly traveled corridor with approximately 21,000 vehicles per day based on VDOT 2024. The remarks also note convenient access to Interstate 95, downtown Fredericksburg, and the surrounding retail and business corridor.

This asset is a practical fit for an owner-operator seeking an existing restaurant facility with established commercial infrastructure, or for investors considering either real estate or business-only options. Because zoning, permits, and material information are subject to verification, buyers should confirm permitted uses with the City before planning any change in operations. Business financial information and additional due diligence materials are available to qualified purchasers after execution of a confidentiality agreement, and showings are by appointment only—please do not disturb employees or discuss the sale with staff.

Key Highlights

  • 1,456 SF restaurant building on 0.473 acres, built in 1986
  • Highly traveled Lafayette Boulevard with approx. 21,000 vehicles/day (VDOT 2024) and access to I‑95 and downtown Fredericksburg
  • CT (Commercial Tourist) zoning allows a variety of commercial uses subject to City approval

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Dental Office Law Firm Pharmacy Restaurant Bakery (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

21,000 VPD
Traffic count
Turnkey business
Opportunity
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,784
Businesses Nearby
21k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 54% Hotels & Casinos 36% Groceries 10%
Courtyard by Marriott Fredericksburg Historic District Hotels & Casinos
7,549 visits/mo 0.3 miles
7-Eleven Shops & Services
6,630 visits/mo 0.3 miles
Truist Shops & Services
4,516 visits/mo 0.3 miles
Virginia ABC Groceries
2,127 visits/mo 0.4 miles

Demographics for 22401, VA

27,799
Population
12,270
Households
2.3
Avg Household Size
32
Median Age
47%
College-Educated
93%
High-School Grad
10.4 sq mi
ZIP Area
2,673
Density / Sq Mi
$85,432
Median Household Income
$46,891
Median Earnings
$1,518
Median Rent
$461,600
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Freestanding restaurant on a highly traveled boulevard with commercial-tourist zoning for a range of uses.
Where is this conventional restaurant located?
The property is located at 2005 LAFAYETTE Boulevard Fredericksburg, VA.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: 1,456 SF restaurant building on 0.473 acres, built in 1986; Highly traveled Lafayette Boulevard with approx. 21,000 vehicles/day (VDOT 2024) and access to I‑95 and downtown Fredericksburg; CT (Commercial Tourist) zoning allows a variety of commercial uses subject to City approval
More about this property
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