This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.
This Multifamily Property is no longer advertised on LoopNet.com.

724-728 Hanover St & 200-202 Caroline St
Fredericksburg, VA 22401

200 Hanover - The Exchange Hotel · Multifamily Property For Sale · 11 Units

Investment Highlights

  • Corner of Caroline & Hanover street. Right in the middle of historic Fredericksburg
  • Walking distance to vre, restaurants & shops
  • All Brick building with tall ceilings & light paint & almost all apartments updated kitchen and bathrooms

PROPERTY FACTS

No. Units 11
Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid Rise
Building Class B
Lot Size 0.17 AC
Building Size 15,805 SF
Average Occupancy 100%
No. Stories 4
Year Built/Renovated 1866/2015

Site Amenities

  • Laundry Facilities

About 724-728 Hanover St & 200-202 Caroline St , Fredericksburg, VA 22401

Multi-unit mixed use commercial/residential building in the heart of Downtown Fredericksburg. 1,510 SF of above grade restaurant & pub space in J Brian~s Tap Room, 1998 SF of retail space in Sugar + Spruce, and 9 apartment units which are all currently rented. J Brian~s Tap Room features hardwood flooring throughout with a pub with a long wooden bar and tables, and a dining area with booths and tables. Brick patio access includes street views and sitting areas, as well as a courtyard in the rear which includes a large brick patio and additional seating. The Tap Room includes 1,171 SF basement space with private office, prep area, and storage.Each apartment unit has its own heating and central cooling units by heat pumps with the exception of the top floor units which have gas heat. The tenants pay their own utilities and the landlord pays water, sewer, trash pick-up, common area maintenance, and common area electric and gas. Approximately 66.4 feet of frontage along Caroline Street and 103.3 feet of frontage along Hanover Street. The subject~s location at the corner of Caroline Street and Hanover Street offers good exposure to vehicular and pedestrian traffic. Access is provided by street parking only.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
7789-14-7583
Land Assessment
$688,200
Improvements Assessment
$1,427,500
Total Assessment
$2,115,700

zoning

Zoning Code CD (Commercial Down Town Mixed use)
CD (Commercial Down Town Mixed use)
  • Listing ID: 18716396

  • Date on Market: 3/2/2020

  • Last Updated:

  • Address: 724-728 Hanover St & 200-202 Caroline St, Fredericksburg, VA 22401

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}