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Property Description
A RARE OPPORTUNITY TO OWN A PIECE OF CULPEPER HISTORY! TWO HISTORIC COMMERCIAL BUILDINGS "¢ TWO RESIDENTIAL APARTMENTS "¢ PRIME DOWNTOWN LOCATION "¢ INCREDIBLE INVESTMENT POTENTIAL! Some properties are more than just real estate. They're part of a community's story. And opportunities like this don't come along every day! Located in the heart of historic Downtown Culpeper, 146 & 150 East Davis Street present an extraordinary opportunity to own TWO commercial buildings, TWO residential apartments, and a piece of one of Culpeper's most cherished hometown traditions! A HOMETOWN LEGACY DATING BACK TO 1935! For more than 90 years, Knakal's Bakery has been woven into the fabric of Culpeper. This beloved, family-owned business has served generations of local families with its famous donuts, traditional pastries, specialty cakes, and baked goods. From birthdays and weddings to holiday celebrations and everyday morning stops, Knakal's has become more than a bakery. It's a Culpeper institution filled with memories, tradition, and hometown pride. Now, for the first time in a truly special opportunity, imagine owning the historic real estate that has been home to this iconic business for generations! 146 EAST DAVIS STREET | HISTORIC KNakal's BAKERY BUILDING Built in 1938, this beautiful brick building offers approximately 1,400 square feet on the main level, currently occupied by Knakal's Bakery. Above the commercial space are TWO one-bedroom, one-bath apartments, offering additional residential rental income potential. Historic charm, an established commercial location, and multiple income possibilities make this property a remarkable investment. 150 EAST DAVIS STREET | COMMERCIAL SPACE WITH ENDLESS POSSIBILITIES Built in 1948, the adjoining commercial building offers approximately 1,800 square feet, featuring a storefront and expansive rear space, plus a FULL BASEMENT! Whether you envision retail, office space, a specialty shop, or another creative commercial use, this property offers tremendous flexibility and opportunity. HISTORIC CHARACTER. PRIME LOCATION. UNLIMITED POTENTIAL. These distinctive downtown buildings showcase timeless architecture, including classic brick construction, decorative masonry, parapets, and historic storefronts that reflect the charm and craftsmanship of Downtown Culpeper. Positioned along highly desirable East Davis Street, surrounded by locally owned shops, restaurants, and the vibrant atmosphere that makes Culpeper one of Virginia's most beloved small towns, the location is truly exceptional. AN INVESTMENT IN HISTORY AND THE FUTURE! With TWO commercial buildings, TWO residential apartments, multiple potential income streams, and an irreplaceable downtown location, this is a rare opportunity for investors, entrepreneurs, and anyone looking to own a piece of Culpeper's rich history. IMPORTANT: This offering is for the REAL ESTATE ONLY. Knakal's Bakery is an established, independently operated business and is not included in the real estate offering. Inquiries regarding the potential acquisition of the business are welcome. You're not just purchasing buildings. You're investing in a piece of Culpeper's past with incredible possibilities for its future! Opportunities to own historic downtown real estate with this much character, versatility, and potential are few and far between. Don't miss your chance to own a piece of Downtown Culpeper history and be part of its next chapter!
Full Property Details
Full Property Details for 146 & 150 E Davis St
General
- Price: $1,200,000
- Taxes: $3,956 (2026)
- Status: Active
- Type: Apartment
- Source: BrightMLSMidAtlantic
- MLS ID: VACU2015348
- Updated: 10/30/2026
- Added to Site: 3 day(s) ago
Business
- Business Type: Apartment Building, Professional, Other/General Reta
Interior
- Flooring: Hardwood
Rooms
Bathrooms
- Restrooms: 4
Parking
- Parking Features: Paved Parking, Lighted Parking, Public
- Parking Type: On Street, Parking Lot
Location
- County: CULPEPER
- Driving Directions: Main St, L on E Davis St, buildings located on the left.
- Location Details: Downtown
- City Limits: Yes
Heating & Cooling
- Cooling Type: Window Unit(s)
- Cooling Fuel: Electric
- Heating Type: Wall Unit
- Heating Fuel: Natural Gas
- Water Heater: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Brick
- Foundation: Brick/Mortar
- Roof: Flat
- Ceiling Height: 8' to 10'
- Building Size: 4619
- Year Built: 1938
- Year Built Source: Estimated
Unit Information
- # Tenants: Multiple
- Other Units: Unit 1, Unit 2, Unit 4, Unit 5, Unit 3
Lot Features
- Property View: Mountain, Street
- Lot Size (Acres): 0.11
- Lot Size (Sq. Ft.): 4,791
- Lot Size Source: Estimated
- Zoning: MX
Financial Considerations
- Price Per Sq. Ft.: $259.8
- Assessment Year: 2026
- City/TownTax: $473
- City/TownTax Freq: Annually
- County Tax: $3,483
- County Tax Freq: Annually
- Tax w/Assessment: $774,400
- Tax Amount: $3,956
- Tax Year: 2026
Disclosures and Reports
- Ownership: Fee Simple
- Permits: Cost To Obtain
- Inclusions: All fixtures in the bakery, racks, refrigerators, ovens.
Listed by RE/MAX Gateway, Kelly N Duckett-Corbin
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Schools
Schools serving 146 & 150 E Davis St
School District:Culpeper County Public Schools
| Name | Grades | Distance |
|---|---|---|
Farmington Elementary School 500 Sunset Lane, Culpeper, VA 22701 | PK-5 | 1.4 mi |
Floyd T Binns Middle School 205 Grandview Avenue, Culpeper, VA 22701 | 6-8 | 0.9 mi |
Eastern View High School 16332 Cyclone Way, Culpeper, VA 22701 | 9-12 | 2.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 146 & 150 E Davis St
Date
Details
Price
Change
Source
10/30/2026
Listed
$1,200,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 146 & 150 E Davis St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,404
-12%
$326,600
11%
2024
$1,599
18%
$294,300
—
2023
$1,354
-25%
$294,300
3%
2022
$1,801
—
$285,000
—
2021
$1,801
-7%
$285,000
5%
2019
$1,928
15%
$271,200
—
2019
$1,681
-4%
$271,200
3%
2017
$1,759
-53%
$262,600
2%
2016
$3,751
9%
$256,900
—
2015
$3,427
121%
$256,900
37%
2014
$1,552
—
$187,000
—
2013
$1,552
—
$187,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 146 & 150 E Davis St
146 & 150 E Davis Street, Culpeper, VA 22701 (MLS# VACU2015348) is a Apartment property. 146 & 150 E Davis Street is currently listed for $1,200,000 and was received on October 30, 2026. Want to learn more about 146 & 150 E Davis Street? Do you have questions about finding other Apartment real estate for sale in Culpeper? You can browse all Culpeper real estate or contact a Coldwell Banker agent to request more information.

