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Office Building with Parking Lot
New
For Sale
$1,200,000

205-A and 206 Wallace Lane, Fredericksburg, VA 22408

A separate parcel provides dedicated parking for the office property.

Property Size6,800 SF
Price / SF$176.47
Days on Market1

Property Features for 205-A and 206 Wallace Lane

General Information

Standard status Active
Size 6,800 SF
Property subtype Office

Building Details

Buildings 1
Building Size 6,800 SF
Listed By: Donny Self
Source: Cbcworldwide
Added: Oct 19 Last Checked: Oct 19 at 2:45PM

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 Donny Self

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Investment Insights

Based on property information with market context.

The offering combines a 6,800-square-foot office building with a separate .39-acre parcel used for parking. The property is located at 205-A and 206 Wallace Lane in Fredericksburg, Virginia.

Key Highlights

  • 6,800‑square‑foot office building
  • Separate .39‑acre parking lot
  • Located at 205‑A and 206 Wallace Lane in Fredericksburg, Virginia

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Dental Office Law Firm Restaurant Pharmacy Hotel & Motel Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

774
Businesses Nearby

Demographics for 22408, VA

32,043
Population
12,438
Households
2.6
Avg Household Size
36
Median Age
40%
College-Educated
92%
High-School Grad
47.3 sq mi
ZIP Area
677
Density / Sq Mi
$114,598
Median Household Income
$54,934
Median Earnings
$1,771
Median Rent
$353,500
Median Home Value

Market

Vacancy Rate% for Office in Fredericksburg, VA

9.1% 2019
10% 2020
8.2% 2021
7.4% 2022
5.8% 2023
7% 2024
7.4% 2025

Frequently Asked Questions

What type of property is this?
Office building - A separate parcel provides dedicated parking for the office property.
Where is this office building located?
The property is located at 205-A and 206 Wallace Lane 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: 6,800‑square‑foot office building; Separate .39‑acre parking lot; Located at 205‑A and 206 Wallace Lane in Fredericksburg, Virginia
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