Welcome to downtown FxBG! This main-road facing, nearly 0.5 acre property is ripe for redevelopment! Rezoned recently to CM (Creative Maker) and mixed use allowed. Phase 1 & 2 Environmental studies done! Plans are in hand for a Proposed 4 story, 30k sq ft 12 unit luxury condo/ 2 unit commercial building with current comps supporting a minimum $8-9 Million resale valuation. Owner will consider a partnership opportunity to save on land acquisition. Commuter's dream with Amtrak minutes away. Unique local breweries and eateries abound nearby. Downtown Fredericksburg is projected to grow by nearly 8% over the next 5 years and revitalization is well underway! **Opportunities on this lot are numerous; The project enclosed is a proposal for possible best and highest use

More Info

Location Information

UsmAreaFredericksburg

Parking

Assigned Parking Spaces
Parking TypesParking Lot

Basic Information

Date Listed04/27/2023

Location

Address600 Kenmore Avenue
Building Number600
CountyFredericksburg City
Directions2 blocks from downtown proper
In City Limits YNYes
StateVA
TownFredericksburg
Zip22401

Interior

FlooringConcrete

Exterior

RoofAsphalt

Utilities

Central Air YNYes
CoolingCentral A/C
Cooling FuelElectric
Heat SystemForced Air
Heating FuelOil
Heating YNYes
SewerPublic Sewer
UtilitiesMultiple Phone Lines, Sewer Available, Water Available, Electric Available
Water HeaterElectric
Water SourcePublic

Basic Information

Broker NameSamson Properties
List Price$1,199,900
LocationTypeDowntown
MLS NumberVAFB2003900
MLS Property TypeCommercial Sale
Price Per Square Foot346
StatusACT
Units3

Property

Acreage0.49
Business TypeApartment Building, Bed and Breakfast, Big Box Retail, Convenience Store/Gas, Day Care Facility, Restaurant/Bar, Supermarket/Grocery Store, Other
Lot Size SourceEstimated
Lot Size Square Feet21,468
Property SubTypeMixed Use
Road ResponsibilityCity/County
Road Surface TypeBlack Top
ZoningCOMMERCIAL DOWNTOWN

Legal

PossessionImmediate,0-30 Days CD
Sale TypeStandard

Tax Information

Assessment Year2019
City Town Tax4968
City Town Tax Payment FrequencyAnnually
Tax Assessment Amount584500
Tax Year2019
Taxes$4,968
Total Taxes Payment FrequencyAnnually

Building

Building Area SourceEstimated
Building Area Total3465
Construction MaterialsBlock
FoundationNone
Garage Spaces
Num Attached Garage Spaces
Num Detached Garage Spaces
Stories1
Total Garage And Parking Spaces
Year Built1929

Copyright 2023 BRIGHT, All Rights Reserved. Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Yeonas & Shafran Real Estate participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.Data last updated June 5, 2023. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale.

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600 Kenmore AvenueFredericksburg, VA 22401MLS Number VAFB2003900

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