1009 & 1017 SOPHIA ST Active Save Request In-Person Tour Request Virtual Tour
Fredericksburg,VA 22401
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 2,080 sqft
Price per Sqft $841
MLS Listing ID VAFB2005954
Year Built 1960
Annual Tax Amount $9,218
Tax Year 2022
Lot Size 0.510 Acres
Property Description
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.
Location
State VA
County Fredericksburg City
Zoning CD
Interior
Hot Water Natural Gas
Heating Forced Air
Cooling Roof Mounted,Heat Pump(s)
Exterior
Garage Spaces 31.0
Waterfront N
Water Access N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Fredericksburg City Public Schools
Others
Special Listing Condition Standard