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Four-Story Mixed-Use Building
For Sale
Contact for pricing
Pending

809 Caroline St, Fredericksburg, VA 22401

Street-level retail is paired with multiple apartment residences in a multi-tenant format.

Property SizeContact for details
Days on Market144

Property Features for 809 Caroline St

General Information

Standard status Pending
Property subtype Multifamily

Property Condition

Severity Repairs Needed
Evidence remodel/renovate

Additional Details

Public Transit Yes
Multifamily Units 4

Amenities

river views

Building Details

Buildings 1
Stories 4
Tenancy Multi
Listing Agency: Johnson Realty Advisors
Listed By: Heather Hagerman · License #VA
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 2:54PM

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 Johnson Realty Advisors

Investment Insights

Based on property information with market context.

This four-story mixed-use property contains five units arranged for both commercial and residential occupancy. The layout includes a retail space at street level and four apartments above, with river views from the upper residences. Off-street parking is also provided.

The building is located in historic downtown Fredericksburg near the train station, restaurants, the river, and the new riverfront park. The property has not been offered for more than 30 years and may qualify for historic tax credits. The existing improvements can be considered for remodeling or renovation, subject to applicable approvals.

Key Highlights

  • Five‑unit mixed‑use configuration with one street‑level retail space and four apartments
  • Four‑story building at 809 Caroline St, Fredericksburg, VA 22401
  • River views from the upstairs apartments

Property Analytics

Current Use

Storefront properties

Suggested Use

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

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

4
Residential units
Multi-tenant
Tenancy

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 - Street-level retail is paired with multiple apartment residences in a multi-tenant format.
Where is this mixed-use property located?
The property is located at 809 Caroline St Fredericksburg, VA.
What are key features of this property?
This property features: Five‑unit mixed‑use configuration with one street‑level retail space and four apartments; Four‑story building at 809 Caroline St, Fredericksburg, VA 22401; River views from the upstairs apartments
(540) 548-2220 Call to check price and availability
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