146 & 150 E Davis Street
Culpeper, VA, 22701 $ 1,200,000
Bedrooms-- Baths-- Sq 4,642 Monthly Estimate*
$ 8,288
for $1,200,000. This 4,642 square foot building was built in 1938 on a lot size of 0.11.
A RARE OPPORTUNITY TO OWN A PIECE OF CULPEPER HISTORY! TWO HISTORIC COMMERCIAL BUILDINGS TWO RESIDENTIAL APARTMENTS PRIME DOWNTOWN LOCATION INCREDIBLE INVESTMENT POTENTIAL! Some properties are more than just real estate. They're part of a community's story. And opportunities like this don't come along every day! Located in the heart of historic Downtown Culpeper, 146 & 150 East Davis Street present an extraordinary opportunity to own TWO commercial buildings, TWO residential apartments, and a piece of one of Culpeper's most cherished hometown traditions! A HOMETOWN LEGACY DATING BACK TO 1935! For more than 90 years, Knakal's Bakery has been woven into the fabric of Culpeper. This beloved, family-owned business has served generations of local families with its famous donuts, traditional pastries, specialty cakes, and baked goods. From birthdays and weddings to holiday celebrations and everyday morning stops, Knakal's has become more than a bakery. It's a Culpeper institution filled with memories, tradition, and hometown pride. Now, for the first time in a truly special opportunity, imagine owning the historic real estate that has been home to this iconic business for generations! 146 EAST DAVIS STREET | HISTORIC KNakal's BAKERY BUILDING Built in 1938, this beautiful brick building offers approximately 1,400 square feet on the main level, currently occupied by Knakal's Bakery. Above the commercial space are TWO one-bedroom, one-bath apartments, offering additional residential rental income potential. Historic charm, an established commercial location, and multiple income possibilities make this property a remarkable investment. 150 EAST DAVIS STREET | COMMERCIAL SPACE WITH ENDLESS POSSIBILITIES Built in 1948, the adjoining commercial building offers approximately 1,800 square feet, featuring a storefront and expansive rear space, plus a FULL BASEMENT! Whether you envision retail, office space, a specialty shop, or another creative commercial use, this property offers tremendous flexibility and opportunity. HISTORIC CHARACTER. PRIME LOCATION. UNLIMITED POTENTIAL. These distinctive downtown buildings showcase timeless architecture, including classic brick construction, decorative masonry, parapets, and historic storefronts that reflect the charm and craftsmanship of Downtown Culpeper. Positioned along highly desirable East Davis Street, surrounded by locally owned shops, restaurants, and the vibrant atmosphere that makes Culpeper one of Virginia's most beloved small towns, the location is truly exceptional. AN INVESTMENT IN HISTORY AND THE FUTURE! With TWO commercial buildings, TWO residential apartments, multiple potential income streams, and an irreplaceable downtown location, this is a rare opportunity for investors, entrepreneurs, and anyone looking to own a piece of Culpeper's rich history. IMPORTANT: This offering is for the REAL ESTATE ONLY. Knakal's Bakery is an established, independently operated business and is not included in the real estate offering. Inquiries regarding the potential acquisition of the business are welcome. You're not just purchasing buildings. You're investing in a piece of Culpeper's past with incredible possibilities for its future! Opportunities to own historic downtown real estate with this much character, versatility, and potential are few and far between. Don't miss your chance to own a piece of Downtown Culpeper history and be part of its next chapter!
See more
Commercial ActiveApartment Building,Professional,/General Retail
FeaturesInteriorHeating Fuel Natural Gas
Flooring Hardwood
Hot Water Natural Gas
Heating Y/N Y
Central Air Y/N N
Total Restrooms 4
See more
GeneralSewer Public Sewer
Heating Wall Unit
Cooling Window Unit(s)
Possession Settlement
Roof Flat
Zoning MX
Construction Materials Brick
Year Built 1938
Electric 120/240V 200+ Amp Service 3 Phases
View Mountain Street
Property Subtype Mixed Use
Tax Year 2026
Ownership Fee Simple
Cool Fuel Electric
Business Type Apartment Building Professional Other/General Retail Other
Accessibility None
County CULPEPER
New Construction N
Property Type Commercial Sale
Possible Use Apartments Bar/Tavern/Lounge Barber/Beauty Bed & Breakfast Clothing Food & Beverage Office Professional Service Retail
Water Access Y/N N
Status ACTIVE
Directions Main St L on E Davis St buildings located on the left.
City CULPEPER
Disclosures Lead Based Paint - Federal Prop Disclosure
Lot Size Units Square Feet
Lot Size Square Feet 4791.60
Tax Annual Amount 3956.0
Price Per Sq Ft Total AG 259.8
Acceptable Financing Cash Bank Portfolio Conventional
Lease Considered Y/N N
Vacation Rental Y/N N
Location Type Downtown
Standard Status Active
Year Built Source Estimated
See more
ExteriorParking Features Paved Parking Lighted Parking Public
Water Source Public
Inclusions All fixtures in the bakery racks refrigerators ovens.
Type of Parking On Street Parking Lot
Foundation Details Brick/Mortar
Water View Y/N N
Building Area Total 4619.00
Lot Size Acres 0.11
Lot Size Source Estimated
Waterfront Y/N N
Land Assessed Value 300000.00
Navigable Water Y/N N
Water Oriented Y/N N
See more
* Excluded FeaturesList Bykelly@duckettcorbinteam.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $8,288
- Monthly Property Taxes
- $330
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.375% 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 Culpeper, VA
Average List Price $802,480
Percent of Sale Price 33%
About Culpeper, VA 18,529 Population
82% Since 2002
$ 55,381 Median Income
35.92 Median Age
37% Households with Children
Trends Information provided by ATTOM Data Solutions.
2136830 Elementary School
2137124 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 10/30/2026 | $1,200,000 | | Listed Price |