For Sale
$2,650,000

4510 Plank RdFredericksburg, VA 22407

17,520 SF Multi-Tenant Medical Building

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional two-story, 17,520 square foot medical office building is situated on a 0.9-acre lot at 4510 Plank Road in Fredericksburg, Virginia, zip code 22407. The property, formerly a Strayer University building, boasts a highly desirable C2 zoning and offers ample parking with 61 spaces. The building features a multi-tenant configuration, ideal for a variety of medical or educational uses. The upper floor is currently configured as medical and general office space, while the lower level includes classrooms and a kitchen, making it suitable for training programs or educational institutions. Located on one of Fredericksburg's busiest corridors, with a daily traffic count of 53,000 vehicles, this property benefits from excellent visibility and signage opportunities. Its proximity to I-95 Exit 130B (just two miles away) ensures easy access and high traffic flow. The asking price is $2,650,000, representing a price per square foot of $151.26, significantly below replacement cost. This presents a compelling investment opportunity in a thriving market.

Highlights

  • Two-story building on Fredericksburg's busiest corridor.
  • Upper floor: medical/general office space; Lower floor: classrooms and kitchen.
  • Previously occupied by Strayer University.
  • Excellent for educational or training programs.
  • High-visibility exterior signage.
  • Offered significantly below replacement cost.

Property Details for 4510 Plank Rd

Property type
Office properties, Medical offices
Square Feet
17,520 SF
Stories
2
Lot Size (sq. ft)
39,204 SF

Location Insight

City
Fredericksburg
County
Fredericksburg
State
Virginia
Latitude
38.2880783
Longitude
-77.5375346
4510 Plank Rd, Fredericksburg, Virginia

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4510 Plank Rd
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