1806 Fall Hill Ave, Fredericksburg, VA 22401, Fredericksburg, VA 22401
sale
$900,000
|
Retail
Courtesy Of Coldwell Banker Commercial Elite
Discover the charm of Fredericksburg, VA, where historic significance meets modern convenience. Located near the vibrant downtown area, the property offers easy access to a variety of dining, shopping, and entertainment options. Take a stroll through the historic district, visit the Fredericksburg Area Museum, or explore the picturesque Rappahannock River. Sports enthusiasts will appreciate the proximity to the Fredericksburg Baseball Stadium, home to exciting games and community events. With its close proximity to Mary Washington University and the VRE train station, the area attracts a diverse community of residents. Investors in multifamily/low-rise/garden properties will appreciate the area's appeal to renters seeking a blend of historical charm and contemporary amenities. Unlock a rare opportunity to own a fully leased, income-producing mixed-use asset in the heart of Fredericksburg's growth corridor. Spanning over 5,300 SF across two lots, this well-maintained property includes four stabilized residential units and a long-standing retail storefront, generating over $84,000 in annual net income with recent renovations and full occupancy. Located just blocks from the University of Mary Washington, downtown Fredericksburg, the VRE station, and the FredNats minor league stadium, it benefits from steady demand and walkable amenities. With the potential to convert the 1,400 SF retail space into one or two 2-bedroom apartments-this offering presents the ideal mix of strong cash flow, value-add upside, and long-term investment appeal in one of Virginia's most dynamic small-city markets. Convenience Store and additional lot also for sale ask listing agent for details. Two lots 7,874 sf Two Buildings 5,309 sf Built in 1914 Zoned R4 Building 1 - 1802/1804 Fall Hill Avenue (Apartment 1, 2) Building 2 - 1806 Fall Hill Avenue (Apartment 3, 4, and the retail store) Apartment mix Three 2 bedroom, one 3 bedroom Fully leased mixed-use property: 4 apartments + 1,400 SF retail $84,000 in annual net income Renovated units, newer roofs, and long-term tenants Blocks from UMW, Downtown Fredericksburg, VRE and Close to FredNats Baseball Stadium Retail space can convert to 1 or 2 apartments to boost income
Read More About This Property
Read Less About This Property
Copyright © 2026 Coldwell Banker. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is 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.
Property Features
- Architecture Style: Other
- MLSID: FJCRVK
Data powered by Attom Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
You may also be interested in...
sale
$950,000
Retail
520 Wolfe St, Fredericksburg, VA 22401
Fredericksburg, VA 22401
Building: 6,070 sq. ft.
Courtesy Of Coldwell Banker Commercial Elite
sale
$899,000
Other
724 William St, Fredericksburg, VA 22401
Fredericksburg, VA 22401
Land: 0.31 Acres
Courtesy Of Coldwell Banker Elite
sale
$850,000
Other
Cowan Blvd, Fredericksburg, VA 22401
Fredericksburg, VA 22401
Courtesy Of Coldwell Banker Commercial Elite
sale
$810,000
Other
202 Herndon St, Fredericksburg, VA 22401
Fredericksburg, VA 22401
Land: 0.05 Acres
Courtesy Of Coldwell Banker Elite