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    606 Caroline St Fredericksburg, VA 22401

    For Lease
    $2,000 /Mo ($11 SF/Yr)

    CommercialLease - FREDERICKSBURG, VA

    Type:Retail
    Lot size:
    0.05 Acres
    Days on Market:
    31
    Last Refresh:
    Dec 5 at 8:06 am

    Property Features for 606 Caroline St

    General Information

    Property type
    Other
    Property subtype
    Retail
    Standard status
    Active
    Lot size
    0.05 Acres

    Utilities

    Heating system
    Heat Pump (Heating)
    Cooling system
    Heat Pump

    Building Details

    Year built
    1851
    Building materials
    Masonry

    Coldwell Banker Elite (540) 659-2141 [email protected]

    Listing agent Bethany R Neher (757) 553-8486

    Listing date Nov 5, 2025

    Copyright © 2025 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.

    Overview

    Historic Retail Building with Apartment

    This property offers a fantastic opportunity in downtown Fredericksburg, Virginia. It features a charming historic retail building with an apartment above the shop, as well as a lot next door that is suitable for development. The apartment is currently tenant-occupied. The retail space is characterized by its bright and open layout, complemented by the historic character expected on Caroline Street, including beautiful wood floors. The location benefits from high foot traffic and includes storage spaces. The building is scheduled to be spruced up, including gutter cleaning, pressure washing, and leaf and debris removal.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Fredericksburg BMX Bicycle Shop Gemstone Creations Jewelry Store

    Suggested Use

    Realty agency Restaurant Law Firm Dental Office Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Fredericksburg
    County
    Spotsylvania
    State
    Virginia
    Longitude
    -77.45759
    Latitude
    38.30007

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    FAQs

    What type of property is this?
    Retail space - Charming retail space with apartment and development opportunity in Fredericksburg.
    Where is this retail space located?
    The property is located at 606 Caroline St Fredericksburg, VA.
    What is the lease rate?
    The lease rate is $11 SF/Yr.
    What are key features of this property?
    This property features: - Prime downtown Fredericksburg location on Caroline Street with high foot traffic.; - Historic retail building with character and beautiful wood floors.; - Includes adjacent lot for potential development.
    (757) 553-8486
    Request Owner's contact information
    606 Caroline St Fredericksburg, VA 22401
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    Fredericksburg, VA 22401
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    606 Caroline St Fredericksburg, VA 22401
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