1009 & 1017 Sophia Street Fredericksburg, VA $ 1,750,000
1009 & 1017 Sophia Street
$ 1,750,000
Recently Listed
Share Save

1009 & 1017 Sophia Street

Fredericksburg, VA, 22401
$ 1,750,000
Baths0.0 Sq 2,080

Monthly Estimate*

$ 12,224

1009 & 1017 Sophia Street, Fredericksburg, VA 22401 - Image 1
1009 & 1017 Sophia Street, Fredericksburg, VA 22401 - Image 2
1009 & 1017 Sophia Street, Fredericksburg, VA 22401 - Image 3
1009 & 1017 Sophia Street, Fredericksburg, VA 22401 - Image 4
1009 & 1017 Sophia Street, Fredericksburg, VA 22401 - Image 5
1009 & 1017 Sophia Street, Fredericksburg, VA 22401 - Image 6
1009 & 1017 Sophia Street, Fredericksburg, VA 22401 - Image 7
1009 & 1017 Sophia Street, Fredericksburg, VA 22401 - Image 8
1009 & 1017 Sophia Street, Fredericksburg, VA 22401 - Image 9
1009 & 1017 Sophia Street, Fredericksburg, VA 22401 - Image 10
1009 & 1017 Sophia Street, Fredericksburg, VA 22401 - Image 11
1009 & 1017 Sophia Street, Fredericksburg, VA 22401 - Image 12
Studio

Commercial Property for sale in Fredericksburg, VA

for $1,750,000. This 2,080 square foot building was built in 1960 on a lot size of 0.51.

Welcome to 1009 & 1017 Sophia Street, a unique opportunity to own two parcels totaling .51 acres of prime waterfront property in the heart of Fredericksburg's historic district. Nestled in the vibrant downtown district of Fredericksburg, this property boasts water frontage on the Rappahannock River. The 2,840 square foot building is currently leased to The Pig Pitt restaurant, with the lease valid until 2/28/26, ensuring immediate rental income for the new owner. Additionally, a parking lot is leased to the City of Fredericksburg for use as a public parking lot on a month-to-month basis, with this lease also conveying with the sale. The CD (Commercial Downtown) zoning allows for the flexibility of the buyer to redevelop the property into various commercial, residential or mixed-use options by-right, maximizing the potential of this prime location. This is a rare opportunity to invest in a piece of Fredericksburg's rich history while enjoying the benefits of a waterfront property in a bustling downtown setting. Whether you're looking to continue leasing to established tenants, redevelop the property, or create a new waterfront venture, the possibilities are endless. Don't miss out on this exceptional investment opportunity in one of Virginia's most charming and historic towns.

See more

Commercial Active

Price

$ 1,750,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 9,218

Style

Restaurant/Bar

Lot Size

0.51

Year Built

1960

Town/City

Fredericksburg

County/Region

Fredericksburg City

MLS | Web ID

VAFB2005954

Features
Interior
Heating Fuel Natural Gas
Hot Water Natural Gas
Heating Y/N Y
Street Suffix STREET
Central Air Y/N N
Total Restrooms 2
See more
General
Sewer Public Sewer
Heating Forced Air
Cooling Roof Mounted Heat Pump(s)
Possession Subject to Existing Lease Settlement
Zoning CD
Security Features Electric Alarm Exterior Cameras
Construction Materials Block
Year Built 1960
Property SubType Mixed Use
Tax Year 2022
Percent Ownership Fee Simple
Cool Fuel Electric
Business Type Restaurant/Bar
Accessibility Level Entry - Main 36 + wide Halls
County FREDERICKSBURG CITY
New Construction N
Property Type Commercial Sale
Water Access Y/N N
Status ACTIVE
Directions Fredericksburg located 50 miles from both Richmond and 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
City FREDERICKSBURG
Buyer Agent Compensation 3
Zoning Description Commercial Downtown zoning allows for various commercial residential or mixed uses by-right.
Lot Size Square Feet 22215.60
Waterfront Y/N N
Street Name SOPHIA
Tax Annual Amount 9218.0
Price Per Sq Ft 841.35
Vacation Rental Y/N N
Days on Market 1
Standard Status Active
Year Built Source Estimated
Tax Lot 6
Buyer Agent Compensation Type % Of Gross
See more
Exterior
Water Source Public
Type of Parking Parking Lot
Water View Y/N N
Building Area Total 2080.00
Lot Size Acres 0.51
Lot Size Units Square Feet
Lot Size Source Estimated
Land Assessed Value 829400.00
Navigable Water Y/N N
Water Oriented Y/N N
See more
Internal Only
Street Number 1 1009
See more
* Excluded Features
List By
Coldwell Banker Elite

Broker

agraves@coldwellbankerelite.com

Email

Affordability Calculator

$12,992
Per Month
94%
6%
0%
Monthly Principal & Interest
$12,224
Monthly Property Taxes
$768
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/7/2024$1,750,000 Listed Price

Map


See all

1009 & 1017 Sophia Street, Fredericksburg, VA, 22401 is a Commercial Property for sale at $1,750,000 with 2,080 sqft and a lot size of 0.51. 1009 & 1017 Sophia Street is a studio with 0.0 baths and was built in 1960. The property's zip code is 22401 which is in Fredericksburg, VA