Description
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
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0BEDS
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0.49ACRES
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0BATHS
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01/2 BATHS
School Information
Description
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
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