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706 Caroline Street

FREDERICKSBURG, VA 22401
  • $1,575,600
  • STATUS: Active
  • ON SITE: 14 Days
  • ID#: VAFB2003318
UPDATED: 44 min ago
$1,575,600
  • 0
    BEDS
  • 0.27
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1824

School Information

Elementary School:
Middle School:
High School:

Description

Fredericksburg+GGs Economic Development Authority (EDA) owns this historic property in the heart of downtown Fredericksburg. It+GGs 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 taking offers for this property until January 31. 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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©2023 Bright MLS, All Rights Reserved. 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. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Cornerstone Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2023-01-26T18:51:12.843.
www.remaxcornerstoneva.com/homes/135988079
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706 Caroline Street FREDERICKSBURG, VA 22401

  • Price: $1,575,600
  • Status: Active
  • On Site: 14 Days
  • Updated: 44 min ago
  • ID#: VAFB2003318
0
Beds
0
Baths
0
½ Baths
0.27
Acres
1824
Built
Neighborhood:
Downtown Fredericksburg
County:
Fredericksburg City
Elementary School:
Hugh Mercer
Middle School:
Walker Grant
High School:
James Monroe
School District:
Fredericksburg City Public Schools
Property Description
Fredericksburg+GGs Economic Development Authority (EDA) owns this historic property in the heart of downtown Fredericksburg. It+GGs 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 taking offers for this property until January 31. Prospective purchasers should include with their offers a brief description of what they would do with the properties. Showings by Appointment ONLY!
Exterior Features

Construction Materials Brick Garage YN No Parking Features Handicap ParkingPaved Parking Parking Types Parking Lot Property Condition Very Good Riparian Rights YN No Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 5319.00 Cooling Central A/C Heating Heat Pump(S)Zoned Heating YN Yes Net Square Feet 5319.00

Property Features

Accessibility Features Other Assessment Year 2021 Business Type Parking LotOtherProfessionalFlex Central Air YN Yes Cooling Fuel Electric Cross Street Charlotte Heating Fuel Electric Historic YN Yes Hot Water Electric Lease Considered YN No Navigable Water YN N New Construction YN No Original MLSNumber 802092104290 Ownership Interest Fee Simple Possession Subject To Existing Lease Property Sub Type Mixed Use Sale Type Standard Sewer Public Sewer Tax Annual Amount 7463.00 Tax Assessment Amount 1575600.00 Tax Lot 37 Vacation Rental YN No Water Source Public Year Built Effective 1975 Zoning Cd

Listing courtesy of Lando Massey Real Estate: .


©2023 Bright MLS, All Rights Reserved. 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. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Cornerstone Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2023-01-26T18:51:12.843.
 
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RE/MAX Cornerstone Realty
1810 Princess Anne St.
Fredericksburg VA, 22401