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Renovated Historic Office Building
For Lease
$7,995/Mo

401 HANOVER STREET, Fredericksburg, VA 22401

Renovated office building with private offices, meeting areas, a full kitchen, fireplaces, and four off-street parking spaces.

Space SizeContact for details
Days on Market49

Property Features for 401 HANOVER STREET

General Information

Standard status Active
Total Parking Spaces 4
Property subtype Office

Building Details

Year Built 1851
Listing Agency: Coldwell Banker Elite
Listed By: Charlotte F Rouse · License #0225193277
Source: Barnesrealestatecompany
Added: Jul 7 Changed: Aug 24 Last Checked: Aug 23 at 6:12AM

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 Coldwell Banker Elite

Investment Insights

Based on property information with market context.

This renovated historic commercial building offers approximately 5,000 square feet configured with six rooms, including spacious private offices and meeting areas. The suite includes a full kitchen, abundant natural light, hardwood flooring, and seven fireplaces. The layout is supported by renovated kitchen and baths, as well as two private entrances.

The property is located on Hanover Street in Fredericksburg, described as a recognizable historic property within the Historic District. The listing also notes the building sits within a designated HUBZone and includes four off-street parking spaces.

For interior convenience, the space is presented as a full build-out with multiple private areas and dedicated entrances, designed to support professional office use.

Key Highlights

  • Renovated circa 1851 commercial office building with approx. 5,000 SF on Hanover Street in Downtown Fredericksburg
  • 6 rooms with 5.5 bathrooms and multiple private offices and meeting areas in a full build‑out space
  • Full kitchen and hardwood flooring throughout with abundant natural light

Property Analytics

Current Use

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

Suggested Use

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

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

NNN (Triple Net)
Lease Type
$2.88 /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

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
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Frequently Asked Questions

What type of property is this?
Office building - Renovated office building with private offices, meeting areas, a full kitchen, fireplaces, and four off-street parking spaces.
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: Renovated circa 1851 commercial office building with approx. 5,000 SF on Hanover Street in Downtown Fredericksburg; 6 rooms with 5.5 bathrooms and multiple private offices and meeting areas in a full build‑out space; Full kitchen and hardwood flooring throughout with abundant natural light
More about this property
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