$1,750,000
( $841.35Per Sq Foot )
 $9,394 est/mo Sourced by Back At You

1009 & 1017 Sophia St , Fredericksburg, VA 22401

Fredericksburg, VA 22401

Share with a friend

PreviousNext
Email
By Text

Description

Welcome to 1009 & 1017 Sophia Street, a unique opportunity to own two parcels totaling .51 acres of prime waterfront property in the heart of Fredericksburg's historic district. Nestled in the vibrant downtown district of Fredericksburg, this property boasts water frontage on the Rappahannock River. The 2,840 square foot building is currently leased to The Pig Pitt restaurant, with the lease valid until 2/28/26, ensuring immediate rental income for the new owner. Additionally, a parking lot is leased to the City of Fredericksburg for use as a public parking lot on a month-to-month basis, with this lease also conveying with the sale. The CD (Commercial Downtown) zoning allows for the flexibility of the buyer to redevelop the property into various commercial, residential or mixed-use options by-right, maximizing the potential of this prime location. This is a rare opportunity to invest in a piece of Fredericksburg's rich history while enjoying the benefits of a waterfront property in a bustling downtown setting. Whether you're looking to continue leasing to established tenants, redevelop the property, or create a new waterfront venture, the possibilities are endless. Don't miss out on this exceptional investment opportunity in one of Virginia's most charming and historic towns.

Details

MLS#VAFB2005954
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1960
Days On Site129
Listing Provided ByColdwell Banker Elite | Allison S Graves

Features

SQ Feet2,080
ZoningCD
Acreage0.51

Market Activity 22401

MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Bright MLS. 

© 2024 Bright MLS, All Rights Reserved

Request a showing

Request a showing

Loading Form
Listings Checked: 39 seconds ago

Contact

Learn More About This Property

Nathaniel Tennant

Nathaniel Tennant

Taylor Properties

5015313 (240) 357-3729Contact Me Form Link
StateVA
CountyFredericksburg City
CityFredericksburg
Zip Code22401
School DistrictFredericksburg City Public Schoo
Listing VS Median (in 22401)
Price:
$1,750,000
low | high
Med:
$419,999
100% of Average
SqFt:
2,080
low | high
Med:
2,166
45.865384615385% of Average
$ / SqFt:
$841
low | high
Med:
$194
100% of Average
On Site:
129
low | high
Med:
33.000000
100% of Average
Sourced by Back At You
Listing Updated: August 14, 2024 at 10:16:09 AM PDT

Top Areas

Real Estate

Contact

Nathaniel Tennant

175 Admiral Cochrane Dr. Suite 111-112
Annapolis, MD 21401
Back to top of page
Nathaniel Tennant  |  (240) 357-3729  |  5015313
Taylor Properties - 175 Admiral Cochrane Dr. Suite 111-112, Annapolis, MD 21401

MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Bright MLS. 

© 2024 Bright MLS, All Rights Reserved
POWERED BY