Active
1009 & 1017 Sophia St
Fredericksburg VA, 22401
$1,750,000
$841.35 per sqft
Active
2,080 sqft
Commercial
Built in 1960
Welcome to 1009 & 1017 Sophia Street, a unique opportunity to own two parcels totaling .51 acres of prime waterfront property in the heart of Fredericksburg's historic district. Nestled in the vibrant downtown district of Fredericksburg, this property boasts water frontage on the Rappahannock River. The 2,840 square foot building is currently leased to The Pig Pitt restaurant, with the lease valid until 2/28/26, ensuring immediate rental income for the new owner. Additionally, a parking lot is leased to the City of Fredericksburg for use as a public parking lot on a month-to-month basis, with this lease also conveying with the sale. The CD (Commercial Downtown) zoning allows for the flexibility of the buyer to redevelop the property into various commercial, residential or mixed-use options by-right, maximizing the potential of this prime location. This is a rare opportunity to invest in a piece of Fredericksburg's rich history while enjoying the benefits of a waterfront property in a bustling downtown setting. Whether you're looking to continue leasing to established tenants, redevelop the property, or create a new waterfront venture, the possibilities are endless. Don't miss out on this exceptional investment opportunity in one of Virginia's most charming and historic towns.
VAFB2005954
MLSⓇ ID
May 7, 2024
Listed
September 5, 2024
Updated
Map
1009 & 1017 Sophia St
Fredericksburg VA, 22401
Interior Features
Fireplace
No
Cooling
No
Heating
Yes
Heating Description
Heat Pump, Forced Air, Natural Gas
Exterior/Building Features
Lot Size
0.51 Acres
Sewer
Public Sewer
Other Property Details
Taxes
$9,218
Tax Frequency
Annually
Days on Market
100
Garage
No
Parking Total
31
View
No
County
FREDERICKSBURG CITY
Water Source
Public
Pool
No
Zoning
Commercial Downtown zoning allows for various commercial, residential or mixed uses by-right.
Listed by Allison S Graves, with Coldwell Banker Elite
Listing Contact: 5403730100
The IDX display contains information sourced from the Bright MLS, Inc. as of 9/5/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.
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Data last updated on 9/5/2024 at 11:42 PM UTC