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Historic Downtown Fredericksburg Income Property

1004 PRINCE EDWARD St, Fredericksburg, VA 22401

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For Sale

$699,950

Commercial and residential income property in historic downtown Fredericksburg.

Type:Investment

HighLights

Income‑producing property with a strong rental history
Prime location in Historic Downtown Fredericksburg, near shops and restaurants
Includes a ground‑floor commercial unit and three one‑bedroom apartments
New roof installed approximately 3 years ago
Rear fenced yard provides private outdoor space
High bike score (91) indicating excellent biking accessibility

We can help!

Listing Contact

Russell D Knight Jr.

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For Sale

$699,950

Commercial and residential income property in historic downtown Fredericksburg.

Type:Investment

Added:: Apr 24, 2026
Days on Market:: 50
Last Refresh:: Apr 24 at 3:59 pm

Property Features for 1004 PRINCE EDWARD St

General Information

Standard status: Active
Property subtype: Investment

Building Details

Year Built: 1944

We can help!

Listing Contact

Russell D Knight Jr.

Listing agent Russell D Knight Jr. License #0225017818

Listing office Aquia Realty, Inc.

Listing date Apr 24, 2026

Source Elliman

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Aquia Realty, Inc.

HighLights

Income‑producing property with a strong rental history
Prime location in Historic Downtown Fredericksburg, near shops and restaurants
Includes a ground‑floor commercial unit and three one‑bedroom apartments
New roof installed approximately 3 years ago
Rear fenced yard provides private outdoor space
High bike score (91) indicating excellent biking accessibility

Overview

Located in the historic downtown area of Fredericksburg, this mixed-use property offers both commercial and residential income potential. The property features a ground floor commercial unit and three one-bedroom, one-bath apartments. A new roof was installed approximately 3 years ago. The rear of the property includes a fenced yard, providing private outdoor space for occupants. Situated just off William Street, the location offers convenient walking distance to shops and restaurants. The property has a strong rental history. The bike score is 91, indicating it is a biker's paradise, and the walk score is 61, indicating it is somewhat walkable.

Location Intelligence

Current Use by Public Records

Modern Shaman Art ... (Bike/Boat/Book/etc) Store Fromage at Michelle's Table Bakery

Suggested Use

Location Insight

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Local Demand

City: Fredericksburg
County: Spotsylvania
State: Virginia
Longitude: -77.46282
Latitude: 38.30252

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For sale
Mixed-use properties
VA
Fredericksburg
22401
1004 PRINCE EDWARD St

What type of property is this?

Mixed-use property - Commercial and residential income property in historic downtown Fredericksburg.

Where is this mixed-use property located?

The property is located at 1004 PRINCE EDWARD St Fredericksburg, VA.

What is the asking price?

The asking price for this property is $699,950.

What are key features of this property?

This property features: Income‑producing property with a strong rental history; Prime location in Historic Downtown Fredericksburg, near shops and restaurants; Includes a ground‑floor commercial unit and three one‑bedroom apartments