4540 Plank Rd Fredericksburg, VA 22407

Property Details for 4540 Plank Rd

Lot size

1.30 lot acres

Property size

8,023 SF

Zone code

C2 - COMMERCIAL 2

Property type

Commercial real estate

APN

23-13-F1

APU

2313F1

Description

This exceptional 15,000-square-foot Class B office building, located at 4540 Plank Road in Fredericksburg, Virginia, presents a compelling investment opportunity. Built in 1985, the property features a traditional office layout with nine individual offices, two bathrooms, and a convenient kitchen. Each office is equipped with phone and internet access, ensuring seamless connectivity for tenants. The building boasts a covered entrance with an awning, providing shelter and a welcoming atmosphere. A sunlit foyer and hallway lead to the individual office spaces. The red brick building enjoys high visibility on Plank Road (Route 3), less than three miles from Interstate 95, benefiting from excellent access and high traffic volume. The property's strategic location is further enhanced by its proximity to Sakura Japanese Steakhouse, a well-established anchor tenant in the area. The building is offered at $2,975,000, translating to a price per square foot of $198.33. The lease type is NNN (Net, Net, Net), and the tenancy is multi-tenant, offering potential for diverse income streams. This property is ideal for investors seeking a well-maintained, strategically located office building in a thriving market. The zip code is 22407, and the property is situated in Spotsylvania County.

Location Insight

City

Fredericksburg

County

Spotsylvania

State

Virginia

Longitude

-77.5384

Latitude

38.2883

CBSA code

47900

CBSA name

WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA

Property Tax & Assessments