Skip To Content

1808 Princess Anne Street

FREDERICKSBURG, VA 22401
  • $1,850,000
  • STATUS: Active
  • ON SITE: 94 Days
  • ID#: VAFB2001602
UPDATED: 39 min ago
$1,850,000
  • 0
    BEDS
  • 0.45
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1974

School Ratings & Info

Description

Rare net leased investment opportunity in the heart of Historic Downtown Fredericksburg.Roof was replaced in March of 2022. Over 3 years remaining on initial term of lease. Tenant has a 5-year renewal option which includes a 4.5% increase on base rent bringing NOI to $144,000 per annum.

Monthly Payment Calculator



©2022 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Gail Nyman Group | Re/Max United Real Estate. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2022-07-01T18:58:07.84.
www.gailnymanhomes.com/homes/127145130
Print Image

1808 Princess Anne Street FREDERICKSBURG, VA 22401

  • Price: $1,850,000
  • Status: Active
  • On Site: 94 Days
  • Updated: 39 min ago
  • ID#: VAFB2001602
0
Beds
0
Baths
0
½ Baths
0.45
Acres
1974
Built
County:
Fredericksburg City
School District:
Fredericksburg City Public Schools
Property Description
Rare net leased investment opportunity in the heart of Historic Downtown Fredericksburg.Roof was replaced in March of 2022. Over 3 years remaining on initial term of lease. Tenant has a 5-year renewal option which includes a 4.5% increase on base rent bringing NOI to $144,000 per annum.
Exterior Features

Construction Materials Brick Garage YN No Parking Types Parking Lot Riparian Rights YN No Road Surface Type Black Top Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 7923.00 Cooling Central A/C Heating Heat Pump(S) Heating YN Yes Net Square Feet 9000.00

Property Features

Accessibility Features 36"+ Wide Halls Assessment Year 2022 Business Type Funeral Home Central Air YN Yes Cooling Fuel Electric Heating Fuel Electric Hot Water Electric Navigable Water YN N New Construction YN No Number Of Units Total 0 Original MLSNumber 801389646736 Ownership Interest Fee Simple Possession Settlement Property Sub Type Other Sale Type Standard Sewer Public Sewer Tax Annual Amount 8633.00 Tax Assessment Amount 1040100.00 Tax Lot 145-R Utilities Electric Available Vacation Rental YN No Water Source Public Zoning Cm

Listing courtesy of Re/Max Supercenter.


©2022 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Gail Nyman Group | Re/Max United Real Estate. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2022-07-01T18:58:07.84.
 
https://bt-photos.global.ssl.fastly.net/brightmls/1280_boomver_1_801389646736-2.jpg https://bt-photos.global.ssl.fastly.net/brightmls/1280_boomver_1_801389646736-2.jpg https://bt-photos.global.ssl.fastly.net/brightmls/1280_boomver_1_801389646736-2.jpg
Logo
Gail Nyman Group | Re/Max United Real Estate
14340 Old Marlboro Pike
Upper Marlboro MD, 20772