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    1600 Princess Anne St Fredericksburg, VA 22401

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    For Sale
    $1,200,000

    Renovated building in up-and-coming Creative Maker District.

    Lot size:
    0.20 Acres

    Property Features for 1600 Princess Anne St

    General Information

    Lot size
    0.20 Acres

    Building Details

    Year built
    1959

    Source: Lando Massey Real Estate Agent Suzy Stone

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

    Overview

    Renovated Building in Creative District

    Located in the Creative Maker District of downtown Fredericksburg, this property is situated near an art studio, a brewery, a gourmet peanut butter and jelly shop, cafes, neighborhood bars, inns, and Carl's Ice Cream. It is one block from the Heritage Walking/biking trail. The building underwent a complete renovation in 2015 and is ready for new owners. Most recently used as a Meadery and small restaurant, all equipment currently in the building can convey. The new Creative Maker Zoning District allows for diverse possibilities beyond restaurant use.
    Insight Report Location Intelligence

    Current Use by Public Records

    Haley's Honey Meadery ... Cafe

    Suggested Use

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

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

    Similar Places Nearby

    Graze and Nibble, L B's Classic & Contemporary, Catering at the University of Mary Washington

    Location Insight

    • Map
    • Local Demand
    City
    Fredericksburg
    County
    Spotsylvania
    State
    Virginia
    Longitude
    -77.4646455
    Latitude
    38.3090454

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    FAQs

    What type of property is this?
    Restaurant - Renovated building in up-and-coming Creative Maker District.
    Where is this restaurant located?
    The property is located at 1600 Princess Anne St Fredericksburg, VA.
    What is the asking price?
    The asking price for this property is $1,200,000.
    What are key features of this property?
    This property features: - Located in the up-and-coming Creative Maker District of downtown Fredericksburg.; - Complete top-to-bottom renovation in 2015.; - All equipment from previous Meadery and small restaurant use can convey.
    (540) 847-0630
    Request Owner's contact information
    1600 Princess Anne 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
    1600 Princess Anne St Fredericksburg, VA 22401
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