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Property profile & analytics

1504 Princess Anne St Fredericksburg, VA 22401

  • Commercial real estate
  • 468 SF
  • 0.18 lot acres
For Sale
Last Sale
Aug 03, 2021
$370,000
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US87-1258227
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Home / Charitable Organization / Social Service Agency

Property Details for 1504 Princess Anne St

Year built
1949
Lot size
0.18 lot acres
Property size
468 SF
Zone code
CM
Property type
Commercial real estate
APN
7789-06-1955
APU
7789061955

Description

This exceptional 468 square foot retail space at 1504 Princess Anne Street in Fredericksburg, VA, presents a unique opportunity for entrepreneurs and business owners. Located on a bustling thoroughfare leading into the heart of downtown Fredericksburg, this free-standing building offers unparalleled visibility and accessibility. Currently in shell condition, the property provides a blank canvas for customization, allowing you to create a space perfectly tailored to your business needs and brand identity. One bathroom is already installed, providing a solid foundation for your build-out. The property sits on a 0.18-acre lot and is priced at $450,000. Its zoning designation within the Creative Maker district allows for a wide array of uses, including art galleries, studios, workshops, retail boutiques, food and beverage establishments, and creative office spaces. Benefit from high foot traffic and excellent visibility on Princess Anne Street, surrounded by established businesses such as Olde Towne Steak & Seafood, Canal Quarter Arts, Haley's Honey Meadery, Equipment Connection, Sprelly, and Red Dragon Brewery. A walk-in cooler kit is available for purchase separately. This property's prime location and flexible zoning make it an ideal investment for those seeking a high-impact commercial space in a thriving downtown area. Don't miss this chance to establish your business in a vibrant and sought-after location.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Fredericksburg
County
Fredericksburg City
State
Virginia
Longitude
-77.4641
Latitude
38.3082
CBSA code
47900
CBSA name
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$2,559
$268,200
$19,300
$287,500
-
$268,200
$19,300
$287,500
More about this property
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