This exceptional 468 square foot retail space at 1504 Princess Anne Street in Fredericksburg, VA, presents a unique opportunity for entrepreneurs and business owners. Located on a bustling thoroughfare leading into the heart of downtown Fredericksburg, this free-standing building offers unparalleled visibility and accessibility. Currently in shell condition, the property provides a blank canvas for customization, allowing you to create a space perfectly tailored to your business needs and brand identity. One bathroom is already installed, providing a solid foundation for your build-out. The property sits on a 0.18-acre lot and is priced at $450,000. Its zoning designation within the Creative Maker district allows for a wide array of uses, including art galleries, studios, workshops, retail boutiques, food and beverage establishments, and creative office spaces. Benefit from high foot traffic and excellent visibility on Princess Anne Street, surrounded by established businesses such as Olde Towne Steak & Seafood, Canal Quarter Arts, Haley's Honey Meadery, Equipment Connection, Sprelly, and Red Dragon Brewery. A walk-in cooler kit is available for purchase separately. This property's prime location and flexible zoning make it an ideal investment for those seeking a high-impact commercial space in a thriving downtown area. Don't miss this chance to establish your business in a vibrant and sought-after location.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
Alternative Use
Use
Valuation
Residential
$113,005
Hospitality
$103,512
Educational
$86,121
Medical
$89,083
Retail
$133,966
Location Insight
City
Fredericksburg
County
Fredericksburg City
State
Virginia
Latitude
38.3082
Longitude
-77.4641
CBSA code
47900
CBSA name
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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