706 Caroline Street, Fredericksburg, VA, 22401

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$1,575,600
407 Days Online

706 Caroline Street
Fredericksburg, VA 22401

For Sale|Commercial|Pending
0
Beds
0
Full Baths
0
Partial Baths

SqFt

/SqFt
1824
Built
Subdivision:
Downtown Fredericksburg
County:
Fredericksburg City

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706 Caroline Street706 Caroline Street706 Caroline Street706 Caroline Street
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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. The EDA is extending the offer deadline to 5 pm on Wednesday, February 8th. Prospective purchasers should include with their offers a brief description of what they would do with the properties. Showings by Appointment ONLY!

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Listing Snapshot
Price 
$1,575,600
Days Online 
407 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.27 Acres
Year Built 
1824
MLS Number 
VAFB2003318
Status 
Pending
Property Tax 
$7,463
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
3 hours agoListing updated with changes from the MLS
9 months agoStatus changed to Pending
a year agoListing first seen online
General Features
Water 
Public
Sewer 
Public Sewer
Parking 
Handicap ParkingPaved Parking
Construction Materials 
Brick
Zoning 
CD
Interior Features
Heating 
Heat Pump(s)Zoned
Cooling 
Central A/C
Central Air 
Yes
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Community Features
Accessibility Features 
Other
Listing courtesy of Lando Massey Real Estate ?



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Neighborhood & Commute
Source: Walkscore
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