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    511 Spottswood St, Unit 5 Fredericksburg, VA 22401

    For Lease
    $21 SF/Yr

    Flex space Garage/Workshop

    Description

    Added:
    Nov 5, 2025
    Days on Market:
    32
    Flexible Garage / Workshop / Office Space – Downtown Fredericksburg

    Approx. 700 sq ft of versatile commercial space located in the heart of downtown Fredericksburg. Ideal for a small business, studio, workshop, contractor, or storage + office setup.

    ✅ Large garage / workshop area
    ✅ Plenty of built-in storage shelving
    ✅ Separate office or work area
    ✅ Full bathroom + utility sink
    ✅ Dedicated parking included
    ✅ Easy access to major roads, VRE, shopping & restaurants
    ✅ Zoned commercial – many potential uses

    Convenient, clean, and ready for your business needs. Hard-to-find flexible space in a prime downtown location!

    Property Features for 511 Spottswood St

    General Information

    Property type
    Flex space
    Lease Type
    NN Lease
    TSF (Total sq. ft)
    700-700 SF
    Class
    B
    Total Parking Spaces
    2
    Elevators
    No
    Lease Term
    1-2 Years

    Building Details

    Year Built/Renovated
    1880/1970
    Buildings
    2
    Stories
    2
    Insight Report Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Restaurant Realty agency Law Firm Dental Office Spa & Massage Hair Salon Nail Salon Clothing Store Daycare Center Building Supply

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

    Location Insight

    • Map
    • Local Demand
    City
    Fredericksburg
    State
    Virginia
    Longitude
    -77.463398
    Latitude
    38.295928

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    FAQs

    What type of property is this?
    Flex space - Flex space Garage/Workshop
    Where is this flex space located?
    The property is located at 511 Spottswood St, Unit 5 Fredericksburg, VA.
    What is the lease rate?
    The lease rate is $21 SF/Yr.
    (201) 424-7672
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    511 Spottswood St, Unit 5 Fredericksburg, VA 22401
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