Search
Historic Greek Revival Office Building
For Lease
$7,995/Mo

401 HANOVER Street, Fredericksburg, VA 22401

CommercialLease, FREDERICKSBURG, VA

Space Size5,830 SF
Lot Size0.15 Acres
Days on Market96

Property Features for 401 HANOVER Street

General Information

Property type Other
Property subtype Office
Parking 3
Parking features Driveway
Subdivision HISTORIC DISTRICT
High school JAMES MONROE
Elementary school district FREDERICKSBURG CITY PUBLIC SCHOOLS
Middle school district FREDERICKSBURG CITY PUBLIC SCHOOLS
High school district FREDERICKSBURG CITY PUBLIC SCHOOLS
Standard status Active
Lot size 0.15 Acres

Utilities

Heating system Forced Air
Cooling system Central Air

Amenities

Full Kitchen
Private Entrances
Off-Street Parking

Building Details

Year built 1851
Building materials Brick
Listing Agency: Coldwell Banker Elite · Coldwell Banker Real Estate
Listed By: Charlotte F Rouse · License #0225193277
Added: Jul 7 Changed: Sep 4 Last Checked: Oct 10 at 10:06AM
MLS# VAFB2010724

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.

Investment Insights

Based on property information with market context.

Built in 1851, this brick Greek Revival property provides approximately 5,830 square feet of office-oriented commercial space on approximately 0.15 acre. The interior includes multiple private offices, meeting areas, a full kitchen, abundant natural light, and private entrances. Forced-air heating, central air, and off-street driveway parking support day-to-day professional operations.

The property is located at 401 Hanover Street in Downtown Fredericksburg and falls within the Downtown/Princess Anne Street Technology Zone. Its C-T Commercial/Office-Transitional zoning is intended for predominantly nonresidential commercial uses in a lower-intensity setting. The surrounding downtown environment includes established businesses, professional services, restaurants, shops, and the city’s business and government core. Municipal water and sewer serve the property.

Key Highlights

  • Approximately 5,830 SF office‑oriented commercial building on approximately 0.15 acre
  • Circa‑1851 brick Greek Revival architecture at 401 Hanover Street
  • C‑T Commercial/Office‑Transitional zoning

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence
Open Analytics

Current Use

IST Research (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Storage Facility Food Market (Bike/Boat/Book/etc) Store Locksmith Tanning Salon Computer & Electronic Repair

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

Lease Details

Yes
Utilities to site
NNN (Triple Net)
Lease Type
$2.47 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,978
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Office building - C-T zoning accommodates predominantly nonresidential commercial uses in a lower-intensity setting.
Where is this office building located?
The property is located at 401 HANOVER Street Fredericksburg, VA.
What is the lease rate?
The lease rate is $7,995/Mo.
What are key features of this property?
This property features: Approximately 5,830 SF office‑oriented commercial building on approximately 0.15 acre; Circa‑1851 brick Greek Revival architecture at 401 Hanover Street; C‑T Commercial/Office‑Transitional zoning
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved
Reason not saved — we won't ask again