309 PRINCE EDWARD Street, Fredericksburg, VA 22401

Building Details

Year built

1909

Number of units

3

Building materials

Mixed

Architectural style

Colonial

Listing agent Matthew P Revell License #0225081451 Show Phone

Listing office Aquia Realty, Inc. j***@aquiarealty.net 2101 RICHMOND Highway, STAFFORD, VA Show Phone

Listing date Aug 25, 2025

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MLS# VAFB2008852 Listing URL

Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Overview

This is a rare opportunity to acquire three single-family home lots, including two existing homes, within the Fredericksburg Historic District. The sale includes lots at 307, 309 and 311 Prince Edward Street. The combined properties offer a development opportunity with potential for reducing costs by developing all three lots simultaneously. The lots are situated less than two blocks from the train station, restaurants, and shops of Old Town Fredericksburg. Proposed development plans, shown in the photos, include three two-car garages, one for each lot, with options for Accessory Dwelling Units (ADUs) on each lot, subject to approval. A variance has been granted by the Board of Zoning Appeals to allow building up to the side lot line between 307 and 309, and 309 and 311, to construct an accessory structure on 309 Prince Edward where no principal residence currently exists, and to exceed the height limitations by an additional 2 feet. The applicant is required to honor all building lines between the applicant's property and neighboring properties, including side and rear lot lines. The property size is 2550 square feet and the lot size is 0.25 acres.

Suggested Use

Real Estate Agency Restaurant Law Firm Dental Office Spa & Massage Center Hair Salon Nail Salon Building Supply Daycare Center Gym & Fitness Center

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

Location Insight

• Map
• Local Demand

City

Fredericksburg

County

Spotsylvania

State

Virginia

Longitude

-77.45845

Latitude

38.29636

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FAQs

What type of property is this?

Residential land & home lot - Three adjacent lots with two historic structures in downtown Fredericksburg.

Where is this residential land & home lot located?

The property is located at 309 PRINCE EDWARD Street Fredericksburg, VA.

What is the asking price?

The asking price for this property is $900,000.

What are key features of this property?

This property features: Three adjacent single‑family home lots in Fredericksburg Historic District, including two existing historic homes.; Development opportunity for all three lots simultaneously to reduce costs.; Variance granted to build up to the side lot line and exceed height limitations for accessory structure on 309 Prince Edward.