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11928 Cherry Road
Fredericksburg, VA 22407
Phone: 540 785 2002
Fax: 540-785-2003
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$1,300,000 For Sale

6,200 sq ft;
lot: 6970 sq ft
Commercial: Commercial - MLS# 1000233094
Property Photo
1/30

Description

Opportunity to own a commercial property in heart of Downtown City of Fredericksburg Historic District. Building has 3 commercial units and 5 apartments and 11 off-street parking spaces. Full unfinished basement. Interested Buyers/agents can view 125 photos(call for dropbox). Tenants not to be disturbed! Appraisal available after Pre-Qual Letter provided. Physical inspection after accepted LOI.

Features

  • # of Assigned Spaces: 11
  • Building Area Units: Square Feet
  • Building Total SQFT: 6,938
  • Central Air YN: Yes
  • Clear Span Ceiling Height: 10' to 12'
  • Construction Materials: Brick
  • Cooling: Electric, Natural Gas
  • Cooling Type: Central A/C, Heat Pump(s), Zoned
  • Cooling YN: Yes
  • County/Area: Fredericksburg City
  • Electric Service: 120/240V
  • Flooring Type: Wood, Vinyl
  • Garage: Covered Parking
  • Gross Income: $96540.00
  • Heating: Electric, Natural Gas
  • Heating Type: Central, Heat Pump(s)
  • Heating YN: Yes
  • Hot Water: Electric
  • Inclusions: Parking Included In ListPrice, Parking Included In SalePrice
  • Income Includes: Apartment Rentals, Laundry, Parking, Shop Rentals
  • Listing Status: Active
  • Lot Size: 0.1600
  • Lot Size Area: 7046
  • Lot Size Units: Square Feet
  • Lot SQFT: 7,046
  • Metering: Fully Separate
  • Municipality: FREDERICKSBURG
  • Net Operating Income: 60000.00
  • Net SQFT: 6,200
  • Operating Expense: 37288.00
  • Original Listing ID: FB10171688
  • Owner Pays: Insurance, Management, Repairs, Taxes - Real Estate, All Utilities
  • Ownership Interest: Fee Simple
  • Parking Features: Assigned, Parking Space Conveys, Surface, Concrete Driveway
  • Photo Option: Lister Will Upload All
  • Property Condition: As-is Condition, Shows Well, Renov/Remod
  • Property Type: Commercial
  • Road Responsibility: City/County, State, Public
  • Road Surface Type: Alley, Paved
  • Roof: Asphalt
  • School District: Fredericksburg City Public Schools
  • Sewer Septic: Public Sewer
  • Sq.Ft.: 6200
  • Sub Type: Commercial
  • Subdivision: Historic District Of City Of Fredericksburg-Downto
  • Subdivision/Neighborhood: Historic District Of City Of Fredericksburg-Downto
  • Type Of Parking: Other, Driveway
  • Wall & Ceiling Types: Plaster Walls, 9'+ Ceilings, High
  • Water Source: Public
  • Year Built: 1904
  • Year Built Source: Estimated
  • Zip Code: 22401
  • Zoning: CD

Courtesy of:

Equal Housing OpportunityMLS membershipREALTOR® certification

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