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$1,100,000
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Property Description
Flexible Owner Financing Terms Available !! Fantastic opportunity to purchase a longstanding fully operational turnkey automotive repair facility in the City of Fredericksburg. Falls Run Auto Care has operated in this location for over 20 years and is conveying their lifts and miscellaneous repair equipment along with their loyal customer base. Property contains .355 acres on the highly visible corner of Princess Anne and Hawke Streets with a repair building consisting of 5,604 square feet with 5 repair bays, reception counter seating area, 2 private offices, 2 restrooms, 2 bay doors (12'x12' and 12'x14), 20 front parking spaces and a fenced side storage yard (46'x55').
Full Property Details
Full Property Details for 1314 Princess Anne St
General
- Sold For: $1,100,000
- Taxes: $6,998 (2022)
- Status: Closed
- Type: Commercial
- Source: BrightMLSMidAtlantic
- MLS ID: VAFB2007544
- Added to Site: 340 day(s) ago
Business
- Business Type: Auto Related
Interior
- Flooring: Concrete
Rooms
Bathrooms
- Restrooms: 2
Parking
- Total Spaces: 20
- Parking Features: Fenced, Paved Parking
- Parking Type: Private Garage, Parking Lot
Location
- County: Fredericksburg City
- Development Name: None Available
- Subdivision: None Available
- Driving Directions: Rt 1 to Princess Anne St - property on right
- Location Details: Business District
- City Limits: Yes
Heating & Cooling
- Cooling Type: None
- Heating Type: Forced Air
- Heating Fuel: Natural Gas, Other
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Brick, Concrete
- Roof: Rubber, Other
- Drive-In Doors: 2
- Drive-In Clearance: 12' to 15'
- # Loading Docks: 1
- Stories/Levels: 0
- Year Built: 1959
- Year Built Source: Estimated
- Property Condition: Average
Unit Information
- # Tenants: Multiple
Lot Features
- Property View: Street
- Lot Size (Acres): 0.36
- Lot Size (Sq. Ft.): 15,681
- Lot Size Source: Estimated
- Frontage Feet: 235
- Street/Road Desc.: Access - On Grade
- Fence: Yes
- Lot Features: Corner
- Zoning: CM-4
- Lot Description: Corner
Financial Considerations
- Assessment Year: 2022
- County Tax Freq: Annually
- Tax w/Assessment: $843,100
- Tax Amount: $6,998
- Tax Year: 2022
Disclosures and Reports
- Ownership: Fee Simple
- Lot Number: 101
Listed by RE/MAX Cornerstone Realty, Annette Roberts
Sold by A-1 chrismarr Realty, Clay M Mihoulides
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Schools
Schools serving 1314 Princess Anne St
School District:Fredericksburg City Public Schools
| Name | Grades | Distance |
|---|---|---|
Hugh Mercer Elementary School 2100 Cowan Boulevard, Fredericksburg, VA 22401 | K-2 | 1.3 mi |
Lafayette Upper Elementary School 3 Learning Lane, Fredericksburg, VA 22401 | 3-5 | 2.6 mi |
Walker-Grant Middle School One Learning Lane, Fredericksburg, VA 22401 | 6-8 | 2.6 mi |
James Monroe High School 2300 Washington Avenue, Fredericksburg, VA 22401 | 9-12 | 0.7 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1314 Princess Anne St
Date
Details
Price
Change
Source
9/11/2025
Sold
$1,100,000
-29.26%
MLS
2/12/2025
Listed
$1,555,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1314 Princess Anne Street, Fredericksburg, VA 22401 (MLS# VAFB2007544) is a Commercial property that was sold at $1,100,000 on September 11, 2025. Want to learn more about 1314 Princess Anne Street? Do you have questions about finding other Commercial real estate for sale in Fredericksburg? You can browse all Fredericksburg real estate or contact a Coldwell Banker agent to request more information.

