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1504 Princess Anne Street, Fredericksburg, VA 22401
$450,000
1504 Princess Anne Street, Fredericksburg, VA 22401View this property at 1504 Princess Anne Street, Fredericksburg, VA 22401
1504 Princess Anne StreetFredericksburgVA22401
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Property Description
1504 Princess Anne Street, where opportunity meets potential. This 468 square feet blank canvas invites you to unleash your creativity and transform it into your vision of grandeur. Positioned on a bustling corridor into downtown Fredericksburg, this free-standing commercial property offers endless possibilities. Step inside and find your vision. Currently in shell condition, this property provides a blank slate for you to customize according to your needs and preferences. With one bathroom already in place, you have the foundation to create a space that perfectly suits your business aspirations, reflects your brand's personality and resonates with your target audience. In addition to its potential for customization, 1504 Princess Anne Street is strategically located within the Creative Maker zoning district, further enhancing its appeal and potential uses. This designation opens up a wide range of allowable uses, including but not limited to art galleries, craft studios, creative workshops, retail boutiques, specialty food and beverage establishments, and office spaces for creative professionals. With its prime location on Princess Anne Street, this property is positioned for success. On a key corridor into downtown Fredericksburg, it benefits from high visibility and foot traffic, ensuring that your business receives maximum exposure and accessibility to potential customers. Olde Towne Steak & Seafood, Canal Quarter Arts, Haley's Honey Meadery, Equipment Connection, Sprelly, and Red Dragon Brewery will welcome you as neighbors. Walk-in cooler kit in property is available for sale.
Full Property Details
Full Property Details for 1504 Princess Anne St
General
- Price: $450,000
- Taxes: $2,386 (2022)
- Status: Active
- Type: Retail
- MLS ID: VAFB2006010
- Updated: 5/14/2024
- Added to Site: 14 day(s) ago
Business
- Business Type: Restaurant/Bar, Other, Hair Salon and Spa, Other/Gene
Parking
- Total Spaces: 11
- Parking Type: On Street, Parking Lot
Location
- County: Fredericksburg City
- Driving Directions: Fredericksburg, located just 50 miles south of Washington, D.C., is a city steeped in history and culture, yet it's also a hub of modern growth and development. Fredericksburg has experienced significant population and economic growth in recent years, making it one of Virginia's most vibrant and sought-after markets for businesses. The city's expanding population and thriving economy create a robust customer base and ample opportunities for business growth. Positioned at the intersection of major transportation routes, including Interstate 95 and U.S. Route 1, Fredericksburg offers unparalleled accessibility and connectivity. This strategic location provides businesses with easy access to regional and national markets. Beyond its economic vitality, Fredericksburg is a city rich in history, culture, and charm. Located in the Creative Maker District on the Princess Anne Corridor. Take Route 1 to right onto Princess Anne Street. Property is on your right.
- City Limits: Yes
Heating & Cooling
- Cooling Type: Window Unit(s)
- Cooling Fuel: Electric
- Heating Type: None
- Water Heater: None
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Block, Brick
- Stories/Levels: 0
- Year Built: 1949
- Year Built Source: Estimated
- Property Condition: Major Rehab Needed
Unit Information
- # Tenants: Single
Lot Features
- Lot Size (Acres): 0.18
- Lot Size (Sq. Ft.): 7,840
- Lot Size Source: Estimated
- Zoning: CM
Financial Considerations
- Assessment Year: 2022
- City/TownTax: $2,386
- City/TownTax Freq: Annually
- County Tax Freq: Annually
- Tax w/Assessment: $287,500
- Tax Amount: $2,386
- Tax Year: 2022
Disclosures and Reports
- Buyer’s Brokerage Compensation: 3%
- Ownership: Fee Simple
- Exclusions: Walk-in cooler kit does not come with Property but is available for Sale
- Lot Number: 171
Listed by Coldwell Banker Elite, Allison S Graves
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Schools
Schools serving 1504 Princess Anne St
School District:Fredericksburg City Public Schools
Rating | Name | Grades | Distance |
---|---|---|---|
Original Walker-Grant School
200 Gunnery Rd, Fredericksburg, VA 22401 | PK-PK | 1 mi | |
2100 Cowan Blvd, Fredericksbrg, VA 22401 | K-2 | 1.3 mi | |
3 Learning Ln, Fredericksbrg, VA 22401 | 3-5 | 2.7 mi | |
1 Learning Ln, Fredericksbrg, VA 22401 | 6-8 | 2.6 mi | |
2300 Washington Ave, Fredericksbrg, VA 22401 | 9-12 | 0.6 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1504 Princess Anne St
Date
Details
Price
Change
Source
5/14/2024
Listed
$450,000
21.62%
MLS
8/02/2021
Sold
$370,000
—
Public Record
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 1504 Princess Anne St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$2,559
4%
$287,500
—
2023
$2,472
4%
$287,500
—
2022
$2,386
-1%
$287,500
—
2020
$2,399
-4%
$287,500
-2%
2019
$2,498
6%
$293,900
—
2019
$2,351
—
$293,900
—
2018
$2,351
—
$293,900
—
2017
$2,351
4%
$293,900
—
2016
$2,263
-12%
$293,900
-10%
2015
$2,574
7%
$325,800
—
2014
$2,411
100%
$325,800
—
2013
$1,205
—
$325,800
—
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 1504 Princess Anne St
1504 Princess Anne Street, Fredericksburg, VA 22401 (MLS# VAFB2006010) is a Retail property. 1504 Princess Anne Street is currently listed for $450,000 and was received on May 14, 2024. Want to learn more about 1504 Princess Anne Street? Do you have questions about finding other Retail real estate for sale in Fredericksburg? You can browse all Fredericksburg real estate or contact a Coldwell Banker agent to request more information.