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EXIT ELITE REALTY
11928 Cherry Road
Fredericksburg, VA 22407
Phone: 540 785 2002
Fax: 540-785-2003
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$825,000 For Sale

3,453 sq ft;
lot: 11761 sq ft lot
Commercial: Retail - MLS# VAFB114896
Property Photo
1/9

Description

Excellent Investment Property located in the City of Fredericksburg off US Route 1 between Mary Washington University and Eagle Village Shopping Center. Includes 3 commercial units and a residential home on 11, 847 SF of CH, Commercial Highway zoned land. Current uses are 2 restaurants and beauty salon. 100% occupied. Pre-qualify prospects before viewing, or requesting financial information.

Features

  • # of Parking Spaces Included: 1 to 5 Car Garage
  • Below Grade Unfin Area Units: Square Feet
  • Building Total SQFT: 3,453
  • Building Total SQFT Source: Assessor
  • Cap Rate: 7.50
  • Central Air Y/N: Yes
  • Construction Materials: Block, Vinyl Siding
  • Cooling: Electric
  • Cooling Type: Central A/C, Heat Pump(s)
  • County/Area: Fredericksburg City
  • Directions: US Route 1 (Jefferson Davis Highway in City of Fredericksburg, south of Falmouth Bridge, approx 1 mi
  • Gross Income: $72118.00
  • Gross Scheduled Income: 74349.00
  • Heating: Electric, Natural Gas
  • Heating Type: Heat Pump(s)
  • Heating Y/N: Yes
  • Hot Water: Electric
  • Improvements: Above Grade, Below Grade
  • Land Use Code: 003
  • Listing Status: Active
  • Lot Size: 0.2700
  • Lot Size Source: Assessor
  • Lot Size Units: Square Feet
  • Lot SQFT: 11,847
  • Net Operating Income: 61915.00
  • Net SQFT: 3,453
  • Ownership Interest: Fee Simple
  • Photo Option: Lister Will Upload All
  • Property Type: Commercial
  • School District: Fredericksburg City Public Schools
  • SchoolDistrictSource: Listing Agent
  • Sewer Septic: No Sewer System
  • Sq.Ft.: 3453
  • Street Suffix Modifier: A
  • Sub Type: Retail
  • Tax Annual Amount: 4472.0
  • Tax Year: 2018
  • Total Finished SQFT Source: Assessor
  • Type Of Parking: Off Site, On Street
  • Year Built Source: Assessor
  • Zip Code: 22401
  • Zoning: CH

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