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Historic Mixed-Use Property
For Sale
Contact for pricing
Pending

803 Caroline Street, Fredericksburg, VA 22401

Retail areas span the first two floors, with apartment lofts arranged above.

Property SizeContact for details
Days on Market143

Property Features for 803 Caroline Street

General Information

Standard status Pending
Property subtype Special Purpose, Land
Listing Agency: Century 21 Redwood Realty Fredericksburg
Listed By: Brandon McCarter · License #VA
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 31 at 1:45AM

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 Century 21 Redwood Realty Fredericksburg

Investment Insights

Based on property information with market context.

Built in 1806, this mixed-use property combines commercial space with residential loft apartments across a three-story historic building. Retail areas occupy the first and second floors, while the second and third floors contain open-concept apartment lofts with abundant natural light. Original architectural elements remain part of the property’s character.

The building is located at 803 Caroline Street in downtown Fredericksburg, Virginia, within the historic downtown area. Access from Rt. 1 and Princess Anne Street leads through Hanover Street to Caroline Street. The configuration supports a combination of storefront and residential uses in one centrally positioned asset.

Key Highlights

  • Historic building constructed in 1806
  • Retail space extends across the first and second floors
  • Apartment lofts occupy portions of the second and third floors

Property Analytics

Current Use

Rocking Horse Gallery (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Storage Facility Electrical Service (Bike/Boat/Book/etc) Store Locksmith Tanning Salon Food Market

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

1,994
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 Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Retail areas span the first two floors, with apartment lofts arranged above.
Where is this mixed-use property located?
The property is located at 803 Caroline Street Fredericksburg, VA.
What are key features of this property?
This property features: Historic building constructed in 1806; Retail space extends across the first and second floors; Apartment lofts occupy portions of the second and third floors
More about this property
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