Freestanding Restaurant on Major
For Sale
$1,400,000
2005 Lafayette Blvd, Fredericksburg, VA 22401
Freestanding restaurant property on Lafayette Boulevard with strong daily drive-by exposure and CT zoning for flexible commercial use.
Property Size1,456 SF
Lot Size0.47 Acres
Price / SF$961.54
Days on Market52
Property Features for 2005 Lafayette Blvd
General Information
Standard status
Active
Size
1,456 SF
Lot size
0.47 Acres
Property subtype
Commercial
Zoning
CT
Site & Location
Traffic Count
21,000 vehicles/day
Highway Access
Yes
Road Access
Yes
Additional Details
Business Included
Yes
Taxes and HOA fees
Annual Taxes
$4,341
Amenities
Cleared
Level
Road Frontage
Building Details
Year Built
1986
Listing Agency:
MOVE4FREE REALTY, LLC
(571) 292-5377
Listed By:
ALBERTO LEGUIZAMON · License #225204544
Source:
Corcoran
Added: Jun 21
Changed: Aug 8
Last Checked: Aug 10 at 3:50AM
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 MOVE4FREE REALTY, LLC
Investment Insights
Based on property information with market context.
This for-sale property is an established restaurant site improved with an approximately 1,456-square-foot restaurant building on approximately 0.473 acres. The offering includes a commercial Tourist zoning classification (CT), which allows a variety of commercial uses subject to City approval. The sale is structured with multiple acquisition paths, including real estate and the established restaurant business, real estate only, or the restaurant business only with a new five-year lease.
The restaurant is located on highly traveled Lafayette Boulevard in Fredericksburg, Virginia. The marketing materials cite approximately 21,000 vehicles per day (VDOT 2024). Access is described as convenient to Interstate 95, downtown Fredericksburg, and the surrounding retail and business corridor.
The property is suited to an owner-operator, investor, or entrepreneur looking for a restaurant-ready facility in a high-visibility corridor. For buyers considering the business-only option, the materials reference a new five-year lease at $6,200 per month plus utilities, subject to mutually acceptable lease terms. Business financial information and additional due diligence materials are available to qualified purchasers after execution of a confidentiality agreement. All showings are by appointment only, and buyers are advised to verify all zoning, square footage, permits, and other information deemed material.
The restaurant is located on highly traveled Lafayette Boulevard in Fredericksburg, Virginia. The marketing materials cite approximately 21,000 vehicles per day (VDOT 2024). Access is described as convenient to Interstate 95, downtown Fredericksburg, and the surrounding retail and business corridor.
The property is suited to an owner-operator, investor, or entrepreneur looking for a restaurant-ready facility in a high-visibility corridor. For buyers considering the business-only option, the materials reference a new five-year lease at $6,200 per month plus utilities, subject to mutually acceptable lease terms. Business financial information and additional due diligence materials are available to qualified purchasers after execution of a confidentiality agreement. All showings are by appointment only, and buyers are advised to verify all zoning, square footage, permits, and other information deemed material.
Key Highlights
- Freestanding restaurant building built in 1986, approx. 1,456 SF, on approx. 0.473 acres
- Highly traveled Lafayette Boulevard with approx. 21,000 vehicles per day (VDOT 2024)
- Zoned CT (Commercial Tourist), allowing a variety of commercial uses subject to City approval
Property Analytics
Property Profile
Current Use
Lease Details
21,000 VPD
Traffic count
Turnkey business
Opportunity
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,784
Businesses Nearby
21k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Freestanding restaurant property on Lafayette Boulevard with strong daily drive-by exposure and CT zoning for flexible commercial use.
Where is this conventional restaurant located?
The property is located at 2005 Lafayette Blvd 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: Freestanding restaurant building built in 1986, approx. 1,456 SF, on approx. 0.473 acres; Highly traveled Lafayette Boulevard with approx. 21,000 vehicles per day (VDOT 2024); Zoned CT (Commercial Tourist), allowing a variety of commercial uses subject to City approval
