415 William Street
Fredericksburg, VA, 22401 $ 1,895,000
Baths0.0 Sq 4,435 Monthly Estimate*
$ 12,595
Studio
for $1,895,000. This 4,435 square foot building was built in 1826.
Unique Beautifully Renovated Mixed-Use Historic Building in Downtown Fredericksburg . offering 3 income producing units totaling 4435 sq ft. OWNER Financing available ! With 30% down, owner financing @ 5% for 5 years with a balloon. One of a kind, beautiful turnkey mixed use Historic Building in Downtown Fredericksburg. Stunning brick exterior featuring Spanish Cedar shutters. Located on Restaurant Row and close to all local shops. One commercial space and two separate living spaces, including an independent cottage totaling 4,435 sq. ft. Like new building renovated by an award winning, local Contractor. Off street compact parking with six spots (2 for each unit). All paving, both parking and courtyard are permeable. Introducing the ultimate mixed-use property located in the heart of downtown - a place where city living and income potential are perfectly intertwined! This property offers endless possibilities for both residential and commercial use. Featuring a modern storefront on the ground floor, entrepreneurs have the opportunity to set up shop and tap into the bustling downtown market. Meanwhile, residents can look forward to luxurious living spaces upstairs with breathtaking views of the city. If you're searching for a mixed-use property with great income potential and luxury living, then this is your perfect investment opportunity! This stunning mixed-use property combines convenience, versatility, and modern design to create an exceptional lifestyle for you. 415 William Street (Commercial Use) Beautiful, 1332 sq. ft open floor plan commercial space with oversized retail windows, 10 ft ceilings, and new rear addition. Accents of exposed brick, new hardwood flooring, new Geothermal HVAC, new electrical and plumbing, and separately metered electric service. One handicap accessible bathroom. Access to the basement with the hinged floor door. Plenty of storage with an interior closet in addition to two exterior closets protected by an enclosed gate. Shared use of the back patio. Off street compact parking with two spots. 415-A William Street Two stories, 2,306 sq. ft space with endless possibilities. Entering the foyer, the gorgeous hardwood steps guide you to the spacious 2nd floor with 10 ft. ceilings and hardwood flooring throughout. The half bathroom features a pedestal. Moving in the first room you will find a gorgeous brick fireplace (rebuilt) and oversized windows. Flowing into the second room, with a matching brick fireplace (rebuilt) you will find a useful closet. An additional third room is perfect for a private workspace. Completing the 2nd floor is the large eat-in kitchen and family room(new rear addition)featuring white cabinetry, stainless steel appliances (2020), gas range, walk in pantry, and a large additional closet that could be converted for an elevator to the rear patio. Large skylights allow natural light to gleam throughout the family room. Enjoy access to the back deck (2022), along with access to the shared patio. Moving to the third-floor landing, you will be greeted by the full bathroom with tile flooring, tile shower and washer/dryer. Built-in closet storage throughout the hall. Transom windows in each doorway allow natural sunlight to flow. 3 rooms and an additional bathroom complete the third floor. New plumbing, electrical, insulation, baths throughout. Separately metered electric service and Propane gas service. Geothermal HVAC. Off-street compact parking with two spots. 415-B New, gorgeous cottage with 797 sq. ft. built with ICFs, producing a very energy efficient and quiet building. The open floor plan includes a full kitchen with white cabinetry, white appliances and pantry. 1 full bathroom with walk-in shower, oversized vanity and stacked washer and dryer. 2nd floor loft with closet featuring commercial grade carpet flooring. HVAC by wall mounted split systems. Separately metered electric service. Shared use of private patio. Off-street compact parking with two spots.
See more
FeaturesInteriorHeating Fuel Geo-thermal
Flooring Solid Hardwood
Hot Water Electric
Heating Y/N Y
Central Air Y/N N
Total Restrooms 4
See more
GeneralSewer Public Sewer
Heating Forced Air
Cooling Geothermal
Possession Immediate
Roof Slate Rubber
Zoning CD
Construction Materials Stucco Brick
Year Built 1826
Property SubType Mixed Use
Tax Year 2022
Percent Ownership Fee Simple
Cool Fuel Geothermal
Business Type Other/General Retail
Accessibility None
County FREDERICKSBURG CITY
New Construction N
Property Type Commercial Sale
Possible Use Commercial Mixed Use Residential
Water Access Y/N N
Status ACTIVE UNDER CONTRACT
Directions I-95 to Rte. 3 East left on William Street. Go approximately 1.5 miles and building is on the left.
City FREDERICKSBURG
Zoning Description Commercial down town mixed use
Lot Size Units Square Feet
Lot Size Square Feet 3.00
Waterfront Y/N N
Tax Annual Amount 7291.0
Property Condition Excellent
Price Per Sq Ft Total AG 437.14
Acceptable Financing Cash Conventional Seller Financing
Historic Y/N Y
Vacation Rental Y/N N
Virtual Tour https://my.matterport.com/show/?m=Sas8Vmwv9Gv&
Days on Market 442
Location Type Downtown
Standard Status Active Under Contract
Year Built Source Estimated
Tax Lot 130
Association Recreation Fee N
See more
ExteriorWater Source Public
Type of Parking Driveway
Water View Y/N N
Building Area Total 4335.00
Lot Size Acres 0.00
Lot Size Source Assessor
Land Assessed Value 308200.00
Navigable Water Y/N N
Water Oriented Y/N N
See more
* Excluded FeaturesList ByColdwell Banker EliteBroker
crouse@coldwellbankerelite.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $12,595
- Monthly Property Taxes
- $608
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyCommerical listings in Fredericksburg, VA
Average List Price $937,100
Percent of Sale Price 51%
About Fredericksburg, VA 28,468 Population
48% Since 2002
$ 58,817 Median Income
32.45 Median Age
27% Households with Children
Trends Information provided by ATTOM Data Solutions.
2136830 Elementary School
2137124 Middle School
Unknown High School High School
Pricing HistoryDate | Price | Price Change | Description |
---|
6/16/2023 | $1,895,000 | | Listed Price |