3920 Plank Rd Fredericksburg, VA 22407

This exceptional investment opportunity presents a 8,652 square foot, two-story brick office building situated at 3920 Plank Road in Fredericksburg, Virginia. Built in 2000, the property enjoys a prime location on Route 3, a bustling commercial corridor, offering easy access to I-95. Currently boasting 100% occupancy with a strong tenant base, this asset provides immediate and substantial returns. The building features a central stairwell connecting all office units, with two common restrooms on each floor. The property is zoned C-2, aligning with its high-traffic commercial location. This offering also includes an adjacent 1.12 acres of graded, paved land with curb and gutter, ready for development with existing site plan approval. This additional land provides significant value-add potential, further enhancing the investment's appeal. The property's strategic location is directly across from BJ's Wholesale Club and near Texas Roadhouse, ensuring high visibility and accessibility. The asking price is $1,000,000, with a price per square foot of $115.58. The land value is $9.76 per square foot. The lot size is 0.07 acres, and the APN is 23-22-1. This is a rare opportunity to acquire a high-performing commercial property with significant expansion potential in a thriving market.