CHARIS REALTY GROUP

706 CAROLINE STREET

FREDERICKSBURG, VA 22401

MLS#: VAFB2003318

$1,575,600

Status: Closed
Listing number: VAFB2003318
Listing provided by: Lando Massey Real Estate
Listing agent phone: None
Last update: 2 years ago
On site: 3 years ago
Browse Properties
DOWNTOWN FREDERICKSBURG - Commercial Sale

Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1824

Sq.Footage

5,319

Fredericksburg’s Economic Development Authority (EDA) owns this historic property in the heart of downtown Fredericksburg. It’s within a block of Riverfront Park, the Sophia Street Parking Garage, the Courtyard by Marriott hotel and dozens of restaurants, art studios, and retail shops. This is truly a one-of-kind opportunity. This sale includes a 5,319 SF building and a 14 space parking lot. Currently leased by the City of Fredericksburg for The Visitor Center and the Economic Development and Tourism Office for up to 24 months as they build out their new location, this gives the new owner time to plan and get approved any new construction while it is fully leased. Built in 1824 and used originally as a confectionary shop and residence, there were extensive renovations done in 1975 and designated as the "Bicentennial Center"! The front of the building consists of three levels with the visitors center on the main floor and two floors of office space above. There is a large meeting room on the main floor and a large storage area. In the back of the building there is a small 2nd floor office space with a 1/2 bath. There are 2 public bathrooms accessible from the exterior only that must remain public during the lease period only. The 14 space parking lot creates lots of opportunity for creative use of space.

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    Central Air

  • Heating YN

    YES

  • Heating

    Electric, Zoned

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Brick

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.27

  • Lot Size(square feet)

    11,547

  • Property Type

    Commercial Sale

  • Property Sub Type

    Mixed Use

Price

  • Sales Price

    $1,575,600

  • Tax Amount

    $7,463

  • Financing Options

    Conventional

  • Sq. Footage

    5,319

  • Price/SqFt

    $296

HOA

  • Association

    No

School District

  • Elementary School

    HUGH MERCER

  • Middle School

    WALKER GRANT

  • High School

    JAMES MONROE

Property Features

  • New Construction

    NO

  • Sewer

    Public Sewer

  • Tax Lot

    37

  • Water Source

    Public

Schedule a Showing

Showing scheduled successfully.

<
>
IN PERSON
VIA CHAT

What is 3 + 4 ?


Change time

Mortgage calculator

Estimate your monthly mortgage payment, including the principal and interest, property taxes, and HOA. Adjust the values to generate a more accurate rate.

Your payment

Principal and Interest:

$

Property taxes:

$

HOA fees:

$

Total loan payment:

$

Total interest amount:

$

Location

County

FREDERICKSBURG CITY

Elementary School

HUGH MERCER

Middle School

WALKER GRANT

High School

JAMES MONROE

Listing Courtesy of Suzy Stone , Lando Massey Real Estate

RealHub Information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. RealHub website owner shall not be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

Agent Laurie Hailey

AGENT

Laurie Hailey

Call Laurie today to schedule a private showing.

(703) 955-1755

laurie@isellnorthernvirginia.com


* Listings on this website come from the FMLS IDX Compilation and may be held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please click here to review our DMCA policy and learn how to submit a takedown request.© 2024 FMLS.
Fredericksburg’s Economic Development Authority (EDA) owns this historic property in the heart of downtown Fredericksburg. It’s within a block of Riverfront Park, the Sophia Street Parking Garage, the Courtyard by Marriott hotel and dozens of restaurants, art studios, and retail shops. This is truly a one-of-kind opportunity. This sale includes a 5,319 SF building and a 14 space parking lot. Currently leased by the City of Fredericksburg for The Visitor Center and the Economic Development and Tourism Office for up to 24 months as they build out their new location, this gives the new owner time to plan and get approved any new construction while it is fully leased. Built in 1824 and used originally as a confectionary shop and residence, there were extensive renovations done in 1975 and designated as the "Bicentennial Center"! The front of the building consists of three levels with the visitors center on the main floor and two floors of office space above. There is a large meeting room on the main floor and a large storage area. In the back of the building there is a small 2nd floor office space with a 1/2 bath. There are 2 public bathrooms accessible from the exterior only that must remain public during the lease period only. The 14 space parking lot creates lots of opportunity for creative use of space.

706 CAROLINE STREET

Message successfully sent.

What would you like to know?

What is 3 + 4 ?

I agree to receive email communication and understand I can unsubscribe at any time.

I agree to be contacted by Charis Realty Group via call, email, and text for real estate services. To opt out, you can reply 'stop' at any time or reply 'help' for assistance. You can also click the unsubscribe link in the emails. Message and data rates may apply. Message frequency may vary. Privacy Policy

Related Properties

Prime commercial opportunity on highly traveled Lafayette Boulevard in Fredericksburg, Virginia. This established restaurant property offers exceptional visibility with approximately 21,000 vehicles per day (VDOT 2024) and convenient access to Interstate 95, downtown Fredericksburg, and the surrounding retail and business corridor. Multiple acquisition opportunities are available: • Real Estate and Established Restaurant Business: $1,400,000 • Real Estate Only: $1,000,000 • Restaurant Business Only: $400,000 with a new five-year lease at $6,200 per month plus utilities, subject to mutually acceptable lease terms. The property is improved with an approximately 1,456-square-foot restaurant building situated on approximately 0.473 acres and is zoned CT (Commercial Tourist), allowing a variety of commercial uses subject to City approval. Ideal opportunity for an owner-operator, investor, or entrepreneur seeking a high-visibility location with established commercial infrastructure. Business financial information and additional due diligence materials are available to qualified purchasers after execution of a confidentiality agreement. All showings are by appointment only. Please do not disturb employees or discuss the sale with staff. Buyer to verify all zoning, square footage, permits, and information deemed material.
#VAFB2010596

FREDERICKSBURG

2005 LAFAYETTE BOULEVARD

None Beds

None Baths

1,456 Sq.Ft.

$1,400,000

MLS#: VAFB2010596

New on site 3 days ago
3916 Plank Rd presents a rare opportunity to acquire a freestanding commercial building in one of Fredericksburg's most prominent and high-traffic corridors. Positioned along Plank Road, the property benefits from exceptional visibility, strong daily traffic counts, and close proximity to established national and regional retailers. Currently configured for medical use, the property's C-2 zoning allows for a wide variety of permitted uses, including medical, professional office, retail, wellness, and other service-oriented businesses. Offered vacant at closing, the building provides owner-users and investors with the flexibility to immediately occupy, renovate, or customize the space to suit their business needs without the limitations of an existing lease. Whether you're expanding an established business or seeking a highly visible location for a new venture, 3916 Plank Rd offers a unique combination of location, flexibility, and long-term value in one of the region's most desirable commercial markets.
#VASP2043572

FREDERICKSBURG

3916 PLANK ROAD

None Beds

None Baths

5,280 Sq.Ft.

$1,690,000

MLS#: VASP2043572

Priced BELOW ASSESSED VALUE! Introducing Wendhurst Commons, a prime investment opportunity located at 3920 Plank Road in the heart of Fredericksburg’s thriving commercial corridor. This 8,652-square-foot office building, constructed in 2000, is positioned just off the busy Route 3 corridor and minutes from I-95, providing tenants and clients with exceptional accessibility in one of the region’s most dynamic and rapidly growing markets. Wendhurst Commons is strategically located next to Texas Roadhouse, directly across from BJ’s Wholesale Club, and sits near a four-way signalized intersection, ensuring ease of access and prominent visibility for tenants and visitors alike. The property features well-positioned signage along Route 3, capturing the steady stream of daily traffic and maximizing exposure for the businesses within. The building is thoughtfully designed with six separate office suites, three on each floor, complemented by common area men’s and women’s restrooms on both levels, providing functionality and comfort for a variety of professional tenants. Zoned C-2, Wendhurst Commons supports a wide range of office and commercial uses, aligning seamlessly with the area’s growth and the demand for high-quality professional space. Its location within Fredericksburg’s main commercial artery, coupled with surrounding retail and dining anchors, further enhances the desirability and strength of this asset. An additional adjacent 1.12-acre parcel is also available for purchase, creating potential for future expansion, added parking, or redevelopment opportunities to further enhance the investment potential of Wendhurst Commons. This combination of location, visibility, and upside positions Wendhurst Commons as an outstanding investment for those seeking a high-performing, strategically located asset in Fredericksburg’s expanding market.
#VASP2034726

FREDERICKSBURG

3920 PLANK ROAD

None Beds

None Baths

8,652 Sq.Ft.

$1,500,000

MLS#: VASP2034726

- property

Send a message

Message successfully sent.

Your message

What is 3 + 4 ?

Reason for contacting?

I agree to receive email communication and understand I can unsubscribe at any time.

I agree to be contacted by Charis Realty Group via call, email, and text for real estate services. To opt out, you can reply 'stop' at any time or reply 'help' for assistance. You can also click the unsubscribe link in the emails. Message and data rates may apply. Message frequency may vary. Privacy Policy

Sign Out

Virtual Assistant

Would you like to take the next step with this property? We can help you schedule a showing or virtual tour, or send you more details.

Yes, I would like more information.

Thank You for Your Reply, One of Our Agents will contact you as soon as possible

No, maybe later.

Thank you, you can always contact me via email, phone number or through the contact form.

Realhub AI

Lucy - Your AI-Powered Realtor

Update Your Temporary Password

Personalize your search

Enter your email and we'll notify you immediately when new listings match what you're looking for.

or enter email address

Already have an account ? Login here

Continue your home search

I agree to receive communications and understand I can unsubscribe at any time.

I agree to be contacted by Charis Realty Group via call, email, and text for real estate services. To opt out, you can reply 'stop' at any time or reply 'help' for assistance. You can also click the unsubscribe link in the emails. Message and data rates may apply. Message frequency may vary. Privacy Policy

Already have an account ? Login here

We use cookies

We use cookies primarily for analytics to enhance your experience. By accepting, you agree to our use of these cookies. You can manage your preferences or learn more about our cookies policy.

Privacy Policy Terms of Service