816 William St, Fredericksburg, VA 22401-4705
- Commercial real estate
- 5,520 SF
- 0.16 lot acres
Current Use by Public Records
- Michael J Barrett Law Office / Law Firm
- FedEx Drop Box / Postal Service / Courier Service
- Hire-A-Grandson LLC / Consultant
- Premier Accounting & Business Administration / Accounting Firm
Property Details for 816 William St
- Year built
- 1958
- Lot size
- 0.16 lot acres
- Zone code
- CD
- Property type
- Commercial real estate
- APN
- 7779-83-9965
- APU
- 7779839965
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Mar 30, 2026 | $1,350,000 | Lofts Of Littlepage LLC | 816 William Street LLC | Deed | $1.1M · Atlantic Union Bank |
| Mar 30, 2026 | — | Downtown Construction LLC | 816 William Street LLC | Deed · related | — |
| May 30, 2019 | — | William Street LLC | — | Deed · related | $912k · Atlantic Union Bank |
| Jul 8, 2015 | — | Jarrell,ellen S Trust | Jimel LLC | Grant Deed · related | — |
| Apr 16, 2015 | $505,000 | Michael Kostiw | Kuiper Steven J & Lisa E | Grant Deed | — |
| Apr 16, 2015 | $299,500 | Steven J Kuiper | Parcel Claude T III | Grant Deed | — |
| Apr 24, 2012 | — | Jimel LLC | 816 William St LLC | Grant Deed · related | — |
| Feb 17, 2011 | $780,457 | Carter Y Embrey | Rose,cliffofrd Y | Deed In Lieu Of Foreclosure | — |
| Feb 17, 2011 | — | 816 William Street LLC | Embrey,carter Y | Grant Deed · related | — |
| Jan 16, 2008 | $800,000 | Clifford Y Rose | Embrey,carter Y | Grant Deed | $400k · Union Bank & Trust |
Description
This exceptional 5,520-square-foot mixed-use building, located at 816 William Street in the heart of Downtown Fredericksburg, Virginia, presents a unique investment opportunity. The property, constructed in 1958 and extensively renovated in 2023, boasts a desirable location near the University of Mary Washington and Fredericksburg's vibrant retail and restaurant district. The building features a blend of commercial and residential space, with office space on the ground floor and residential units on the second floor. Currently operating at 100% occupancy, the property includes five units in total: three residential units and two office units. The building sits on a 0.15-acre lot and offers convenient off-street parking. Zoned CD, this two-story, freestanding building offers excellent visibility and frontage on William Street. This is a rare opportunity to acquire a fully leased, recently renovated property in a thriving downtown area. The strong rental income and prime location make this an attractive investment for both seasoned and new investors seeking a stable and appreciating asset. The building's recent renovations ensure long-term value and minimize immediate maintenance needs. This property is ready for immediate income generation and offers significant potential for future appreciation.
Value Estimations
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Location Insight
- Map
- Local Demand
- City
- Fredericksburg
- County
- Fredericksburg City
- State
- Virginia
- Longitude
- -77.4684
- Latitude
- 38.3
- CBSA code
- 47900
- CBSA name
- WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA
