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Browse More Listings in Retail For Sale, Fredericksburg, VA or Virginia

Retail Property For Sale

Two additional lots included!!!

103 Cambridge St, Fredericksburg, VA 22405

Price:
$723,000
Building Size:
5,200 SF
Price/SF:
$139.04
Property Type:
Retail
Property Sub-type:
Restaurant
Property Use Type:
Net Lease Investment with 4 years left on lease
Cap Rate:
8.60%
Occupancy:
100%
Tenancy:
Multiple
Lot Size:
0.17 SF
Find Out More...

Last Verified 10/26/2009 Listing ID 16230275

Description

Three lots with building overlooking the Rappahannock River near Historic Fredericksburg. This offering is for a 7250 sft building within walking distance to the River that houses a full service restaurant with a patio and porch as well as a luxury urban loft-style residence. The possibilities are endless! Live for next to nothing while your tenant pays most of your mortgage, or rent out the residence and enjoy an excellent investment. Long term potential exists* for deck overlooking Rappahannock River, patio/garden behind residence, gated parking for residence and more. There is also potential to create another residential or office space for additional income.* (*buyers to do own due diligence regarding Stafford County's rules and regulations).

Ideally located about 1/2 mile from Downtown Fredericksburg, less than 1 mile to US 17N, just off route 1 and less than 2 miles from I-95. This is a commuter's dream!

Map of 103 Cambridge St, Fredericksburg, VA 22405 (Stafford County)

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Presented by

Coldwell Banker Elite

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Contact Listing Broker

Heather Roth (540) 429-2429

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Created 5/8/2009

Additional Information for 103 Cambridge Street, Fredericksburg, VA 22405

Active For Sale - 1 Listing
Active For Lease - 0 Listing
Previously Listed - 1 Historic Listing
Sales Comparables Available - 0 RecentSales Record

View additional information for the property view other currently active listings, previous listings, sales comparables, public records, and county records data for this address.

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The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.

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Retail Property For Sale - Two additional lots included!!!

103 Cambridge St, Fredericksburg, VA, 22405