1001 Caroline St Fredericksburg, VA 22401-3813

Property Details for 1001 Caroline St

Year built

1939

Lot size

0.32 lot acres

Property size

14,014 SF

Zone code

CD

Property type

Commercial real estate

APN

7789-15-5416

APU

7789155416

Description

This exceptional 25,032-square-foot retail building presents a remarkable investment opportunity in the heart of Old Town Fredericksburg, Virginia. Situated at a signalized intersection on Caroline Street, this corner property boasts high visibility and accessibility. Constructed in 1939, the building benefits from a recently installed new roof, ensuring long-term structural integrity. The property is zoned CD, offering flexibility for redevelopment and aligning with the vibrant character of the surrounding area. Its prominent location within the historic district provides significant potential for a variety of commercial uses. The lot size encompasses 0.32 acres, providing ample space for potential expansion or outdoor amenities. This property is priced between $2,251,203.00 and $2,570,250.00, reflecting a range of $201.45 to $230.00 per square foot. This represents a compelling investment in a thriving, historic Virginia city. The property's size, location, and zoning make it ideal for a variety of commercial ventures, from retail shops to restaurants, and offers significant potential for future growth and appreciation. Serious inquiries are encouraged to explore this unique opportunity.

Location Insight

City

Fredericksburg

County

Fredericksburg City

State

Virginia

Longitude

-77.4594

Latitude

38.3041

CBSA code

47900

CBSA name

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

Property Tax & Assessments