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- LoopNet Team
525 Caroline St
Fredericksburg, VA 22401
Specialty Property For Sale · 18,983 SF
Investment Highlights
- Flexible City zoning in Downtown Commercial Business District -- Commercial, Residential, Retail, Restaurant, Office, Hotel.
- Conveniently located 1/2 block from Virginia Railway Express and AMTRAK Train station and around corner from City Parking Deck.
- Updated HVAC, electrics, lighting, decor and commercial kitchen w/ hood and fire system with two walk in refrigerators.
- Beautiful Victorian facade on Caroline Street
PROPERTY FACTS
| Property Type | Specialty | Building Size | 18,983 SF |
| Property Subtype | No. Stories | 3 | |
| Building Class | B | Year Built/Renovated | 1920/2018 |
| Lot Size | 0.45 AC | Parking Ratio | 0.95/1,000 SF |
| Property Type | Specialty |
| Property Subtype | |
| Building Class | B |
| Lot Size | 0.45 AC |
| Building Size | 18,983 SF |
| No. Stories | 3 |
| Year Built/Renovated | 1920/2018 |
| Parking Ratio | 0.95/1,000 SF |
Amenities
- Commuter Rail
About 525 Caroline St , Fredericksburg, VA 22401
The Project is located in the heart of the Downtown Commercial Business District one block from the Virginia Railway Express and Amtrak train station and around the corner from the City Parking Deck on Wolfe Street. All 20-24 potential condominium/apartment residences will have off-street parking. The commercial space would remain ideal for a restaurant as a commercial kitchen is already in place. Owners will consider a turn key lease to a qualified lessee. The entire building has been extensively renovated and updated as to electrical, HVAC systems and decor.
PROPERTY TAXES
| Parcel Number | 7789-23-3825 | Improvements Assessment | $1,256,600 |
| Land Assessment | $1,187,600 | Total Assessment | $2,444,200 |
PROPERTY TAXES
zoning
| Zoning Code | CD (The Commercial-Downtown (C-D) District) |
| CD (The Commercial-Downtown (C-D) District) |
