816 William StFredericksburg, VA 22401

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.