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    1700 Princess Anne St Fredericksburg, VA 22401

    For Sale
    $175,000

    Move-in ready drive-thru restaurant in downtown Fredericksburg.

    Property size:
    3,670 SF
    Lot size:
    0.79 Acres

    Property Features for 1700 Princess Anne St

    General Information

    Size
    3,670 SF
    Lot size
    0.79 Acres

    Source: Cushman & Wakefield | Thalhimer - Fredericksburg Agent Jamie Scully

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

    Overview

    Fredericksburg Drive-Thru Restaurant Opportunity

    This is a rare opportunity to acquire a fast-food drive-thru restaurant in downtown Fredericksburg. The property, formerly a Hardees, is move-in ready and available immediately. It is located on Route 1 Business and Princess Anne Street. The property size is 3,670 square feet. This property is suitable for drive-through restaurants, restaurants, retail properties, and turn-key restaurants.
    Insight Report Location Intelligence

    Current Use by Public Records

    Drive through restaurants

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Fredericksburg
    County
    Spotsylvania
    State
    Virginia
    Longitude
    -77.4653329
    Latitude
    38.3100681

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    FAQs

    What type of property is this?
    Drive through restaurant - Move-in ready drive-thru restaurant in downtown Fredericksburg.
    Where is this drive through restaurant located?
    The property is located at 1700 Princess Anne St Fredericksburg, VA.
    What is the asking price?
    The asking price for this property is $175,000.
    What are key features of this property?
    This property features: - Rare fast-food drive-thru in downtown Fredericksburg; - Move-in ready condition; - Located on Rt. 1 Business and Princess Anne St.
    (540) 327-2134
    Request Owner's contact information
    1700 Princess Anne St 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
    1700 Princess Anne St Fredericksburg, VA 22401
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