318 Charles StFredericksburg, VA 22401

  • Commercial real estate
  • 4,100 SF
For Lease
$15/SF/YR View listing

Property Details for 318 Charles St

Year built
1939
Lot size
0.20 AC
Property size (Sq ft)
4,100 SF
Zone code
CD
Property type
Commercial real estate
APN
7789-12-8882
APU
7789128882

Description

This exceptional freestanding property at 318 Charles Street in Fredericksburg, Virginia, presents a unique opportunity for a single-tenant user. Boasting 4,100 square feet of versatile space, this building is ideally suited for a variety of retail and/or warehouse operations. The property sits on a 0.35-acre lot, providing ample space for loading, unloading, and potential outdoor storage. The single-story structure is zoned CD, offering flexibility for a range of permitted uses. The entire 4,100 square feet is currently vacant, allowing for immediate occupancy and customization to meet specific business needs. Located in the heart of downtown Fredericksburg, this property benefits from high visibility and convenient access to major transportation routes, ensuring strong customer traffic and efficient logistics. The building's single-tenant occupancy simplifies management and provides a cohesive environment for business operations. This is a rare opportunity to acquire a well-located, versatile commercial property in a thriving Virginia market. The property's size and zoning make it suitable for a variety of businesses seeking a prominent downtown location. Serious inquiries are encouraged to explore the potential of this exceptional offering. The zip code is 22401.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $990,005
    Hospitality
    $906,839
    Educational
    $754,479
    Medical
    $780,427
    Retail
    $1,173,634

Location Insight

City
Fredericksburg
County
Fredericksburg City
State
Virginia
Latitude
38.2968
Longitude
-77.4582
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
$2,113
$207,000
$30,400
$237,400
-
$207,000
$30,400
$237,400

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