406 Amelia St
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406 Amelia St
3,132 SF 100% Leased Office Building Fredericksburg, VA 22401 $879,900 ($281/SF)
Investment Highlights
- Walkability to William and Caroline Street Restaurants
- Off Street Parking Included (4 spaces)
- Convenient to City Offices, Courthouses and Train Station
- Contains Nine (9) Offices plus Conference Room and Break Room
Executive Summary
If William Street serves as the main entry street to the heart of downtown, at the very least, Amelia Street serves as the main point of egress from downtown for those headed back to Route 1 and Route 3. As a result, the street offers heavy traffic and visibility to its occupants. 406 Amelia Street is located directly amidst that Downtown "heart", as little as one block removed from the various high density development projects such as Amelia Square (22 luxury brownstones and Sedona Taphouse) and William Square (85 apartments, 98 hotel rooms, 321 space parking deck), and mixed use commercial such as Liberty Place (Harry's Downtown, Atlantic Union Bank, Mellow Mushroom, Blue Cow Ice Cream). This central location for 24/7 amenities makes 406 Amelia Street an ideal small business office location. Located in the Historic District, the property includes four (4) parking spaces dedicated for exclusive use Monday-Friday 8 am - 5 pm.
Available to the market for the first time since 1979 is a freestanding two-story office building centrally located in the core of Downtown Fredericksburg. 406 Amelia Street has served as a law office for decades, and would aptly serve any number of professional office uses. Most recently renovated in 2001 to include an addition and upgraded porch and deck areas. The building has 9 private offices, two restrooms, a conference room and (unlike many early 1900s properties in Fredericksburg) has plenty of storage space.
Available to the market for the first time since 1979 is a freestanding two-story office building centrally located in the core of Downtown Fredericksburg. 406 Amelia Street has served as a law office for decades, and would aptly serve any number of professional office uses. Most recently renovated in 2001 to include an addition and upgraded porch and deck areas. The building has 9 private offices, two restrooms, a conference room and (unlike many early 1900s properties in Fredericksburg) has plenty of storage space.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
3,132 SF
Building Class
C
Year Built
1906
Price
$879,900
Price Per SF
$281
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
1,565 SF
Building FAR
0.90
Lot Size
0.08 AC
Zoning
CD
Parking
10 Spaces (3.19 Spaces per 1,000 SF Leased)
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Walk Score®
Walker's Paradise (93)
PROPERTY TAXES
Parcel Number | 81-406 | Improvements Assessment | $199,700 |
Land Assessment | $199,600 | Total Assessment | $399,300 |
PROPERTY TAXES
Parcel Number
81-406
Land Assessment
$199,600
Improvements Assessment
$199,700
Total Assessment
$399,300
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406 Amelia St
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