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$805,000

  • Sold
  • Closed
  • Commercial
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Offering the perfect blend of charm and functionality. Located directly across from the courthouse on Princess Anne Street, this property boasts a prime location that is sure to attract attention. Upon entering, guests are greeted by an entryway and reception area that sets the tone for the rest of the space. The property features five separate office spaces, providing ample room for a variety of business operations. A conference room is available for meetings and presentations, while an upper level loft offers additional versatility. The property also includes a wet bar at the rear exit and one and a half baths. A full front porch adds to the historic charm of the building. Six off-street parking spots are available, making it easy for employees and visitors to access the property. Overall, this commercial space is the perfect combination of historic character and modern amenities, making it an ideal choice for businesses looking for a standout location in downtown Fredericksburg.

Full Property Details for 702 Princess Anne St

General

  • Sold For: $805,000
  • Taxes: $4,109 (2022)
  • Status: Closed
  • Type: Commercial
  • Source: BrightMLSMidAtlantic
  • MLS ID: VAFB2006038
  • Added to Site: 594 day(s) ago

Business

  • Business Type: Professional

Interior

  • Flooring: Ceramic Tile, Wood

Parking

  • Total Spaces: 6
  • Parking Type: Parking Lot

Location

  • County: Fredericksburg City
  • Driving Directions: I-95 to Exit 130 and take 3 E toward Fredericksburg. Continue on to Williams St.. Slight right on Hanover St. Turn right onto Princess Anne St. Turn right onto Charlotte St. Turn right and Destination will be on the right.
  • City Limits: Yes

Heating & Cooling

  • Central air: Yes
  • Cooling Type: Central A/C, Heat Pump(s)
  • Cooling Fuel: Electric
  • Heating Type: Forced Air
  • Heating Fuel: Electric
  • Water Heater: Electric

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: Electric Available

Structural Information

  • Construction: Wood Siding
  • Stories/Levels: 0
  • Year Built: 1889
  • Year Built Source: Estimated
  • Property Condition: Very Good

Unit Information

  • # Tenants: Single

Lot Features

  • Property View: City
  • Lot Size (Acres): 0.09
  • Lot Size (Sq. Ft.): 3,960
  • Lot Size Source: Estimated
  • Zoning: CD

Financial Considerations

  • Price Per Sq. Ft.: $388.05
  • Assessment Year: 2022
  • City/TownTax: $4,109
  • City/TownTax Freq: Annually
  • County Tax Freq: Annually
  • Tax w/Assessment: $495,000
  • Tax Amount: $4,109
  • Tax Year: 2022

Disclosures and Reports

  • Ownership: Fee Simple
  • Lot Number: 55

Listed by CENTURY 21 New Millennium, Michelle Wilson
Sold by Non Subscribing Office, NON MEMBER

Listing agent

— 702 Princess Anne St —

  • Michelle Wilson

    CENTURY 21 New Millennium

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 702 Princess Anne St

School District:Fredericksburg City Public Schools
NameGradesDistance
Hugh Mercer Elementary School
2100 Cowan Boulevard, Fredericksburg, VA 22401
K-21.5 mi
Lafayette Upper Elementary School
3 Learning Lane, Fredericksburg, VA 22401
3-52.4 mi
Walker-Grant Middle School
One Learning Lane, Fredericksburg, VA 22401
6-82.3 mi
James Monroe High School
2300 Washington Avenue, Fredericksburg, VA 22401
9-121.1 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 702 Princess Anne St

Date
Details
Price
Change
Source
8/08/2025
Sold
$805,000
-2.42%
MLS
5/22/2025
Price Reduced
$825,000
-2.94%
MLS
6/03/2024
Listed
$850,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by CENTURY 21 New Millennium, Michelle Wilson
Sold by Non Subscribing Office, NON MEMBER

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702 Princess Anne Street, Fredericksburg, VA 22401 (MLS# VAFB2006038) is a Commercial property that was sold at $805,000 on August 08, 2025. Want to learn more about 702 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.