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Key Details
Sold Price $2,400,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 15,805 sqft
Price per Sqft $151
Subdivision City Of Fredericksburg
MLS Listing ID VAFB116426
Sold Date 06/10/20
HOA Y/N N
Originating Board BRIGHT
Year Built 1866
Annual Tax Amount $15,869
Tax Year 2019
Lot Size 7,570 Sqft
Acres 0.17
Property Description
Multi-unit mixed use commercial/residential building in the heart of Downtown Fredericksburg. 1,510 SF of above grade restaurant & pub space in J Brian s Tap Room, 1998 SF of retail space in Sugar + Spruce, and 9 apartment units which are all currently rented. J Brian s Tap Room features hardwood flooring throughout with a pub with a long wooden bar and tables, and a dining area with booths and tables. Brick patio access includes street views and sitting areas, as well as a courtyard in the rear which includes a large brick patio and additional seating. The Tap Room includes 1,171 SF basement space with private office, prep area, and storage.Each apartment unit has its own heating and central cooling units by heat pumps with the exception of the top floor units which have gas heat. The tenants pay their own utilities and the landlord pays water, sewer, trash pick-up, common area maintenance, and common area electric and gas. Approximately 66.4 feet of frontage along Caroline Street and 103.3 feet of frontage along Hanover Street. The subject s location at the corner of Caroline Street and Hanover Street offers good exposure to vehicular and pedestrian traffic. Access is provided by street parking only.
Location
State VA
County Fredericksburg City
Zoning CD
Interior
Hot Water Electric
Heating Heat Pump(s)
Cooling Central A/C
Flooring Hardwood, Carpet, Tile/Brick
Heat Source Electric, Natural Gas
Exterior
Water Access N
View City, Garden/Lawn, Street
Roof Type Metal
Street Surface Paved
Accessibility None
Road Frontage City/County
Garage N
Building
Lot Description Backs - Open Common Area, Level, Rear Yard, Road Frontage, Corner
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Fredericksburg City Public Schools
Others
Tax ID 7789-14-7583
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
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Bought with Charlotte F Rouse • Coldwell Banker Elite