Rare opportunity to acquire a two-suite mixed-use commercial property just off Fredericksburg's Main Street core. The asset totals approximately 6,894 SF of rentable space on 0.46 acres and includes ~13,000 SF of paved on-site parking, a key differentiator within the historic district. The property is currently leased under short-to-medium-term arrangements generating approximately $103,000 in annual gross income, reflecting a conservative in-place baseline rather than a fully stabilized case. Upside is driven by lease duration, tenant mix, and hospitality-oriented or experiential uses common to Fredericksburg's tourism-driven market. Comparable Main Street assets have traded at mid single-digit cap rates when stabilized, reflecting scarcity, location quality, and brand-driven demand. The offering blends historic limestone character with flexible layouts suitable for retail, tasting room, hospitality, or destination-oriented concepts. Financial and leasing details available upon request.
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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