611 Caroline Street, Fredericksburg, VA 22401 | Listings

611 Caroline Street, Fredericksburg, VA 22401

  • $935,000
  • Year Built: 1852
  • Commercial
  • Listing #VAFB2003118
  • Status: Active Under Contract

Property Description

Amazing, unique opportunity in downtown Fredericksburg historic district with CD zoning. This hard-to-find zoning allows you to have your business and/or residence also! This is an exceptional value at an exceptional price! Location, location, location! Secure parking garage just steps out your back door! Imagine the lifestyle you'll live owning your business in this prime location with plenty of walk-in traffic on a daily basis, while having the option of living upstairs or having rental income! 3 minute walk to Amtrak/VRE. Imagine your lifestyle in this friendly, historic town on the the river. >njoy a healthy walking lifestyle while meeting and greeting your neighbors and new friends! Walk to some of the best restaurants in the area, have brunch with friends, enjoy the coffee shop 2 doors down, museums, antique shops, spas, walk to the new Riverfront Park- less than a block away! Walk to City Dock and try the yoga paddleboard class or relax and fish a while! Have a picnic! Did I mention -plenty of shopping! Clothing, home decor, outdoor equipment, birding store, antiques, art galleries! Take the historic walking tour and see Mary's Meditation Rock where she prayed for her son - the first president of the US! Walk to the Library, the Farmers Market, and various trails! A fun, convenient place to live! UPDATES include: Roof, painting inside and out. Main Street grant paid half to replace shutters and paint exterior. Portico was rebuilt. Newer commercial kitchen. 1st floor code compliant bathroom for business. Own a part of history! The main level has 11 foot ceiling and the living room and dining rooms are separated by massive pocket doors. The house has 5 fireplaces, the two in the living and dining rooms converted to gas. The mantels are unique and beautifully carved. You'll find carved molding and random width heart pine floors. Three large rooms on the main level have an open flow. And the one on the back of the house could be an owner suite if you're looking for a main level bedroom. And still have plenty of room for your business. The rear addition was built in the 1940's. The 2 story addition provided a new kitchen, family room and half bath (with room for expansion) that is wheelchair accessible. Upstairs are four bedrooms that share two updated bathrooms. One bedroom has an attached room that could be converted to an owner bathroom. (see virtual photo) The two 1/2 baths both have room to easily expand to full baths. The upper level is quite charming with a private bathroom skylights and exposed brick wall. This would be a great study, teen suite or guest suite! The unfinished basements has two rooms that could be a workshop/ or hobby room. Plenty of storage. Also, on this level is a large laundry room. There is access to the back courtyard from the basement. This could be an income suite with separate entrance. The front and back courtyards are designed by Master Gardeners with brick patios and lovely plantings. -crepe myrtles, azaleas, roses and a pond. Minimum yard maintenance! A privacy fence in the back to enjoy quiet mornings, afternoon and evenings. Solar lights soften the landscape. And just outside the back gate is the parking garage. Always easy parking! Owner is offering *buyer bonus* $20,000 which can be used as you choose. Possible uses are for 2/1 buydown (interest rate is 4% 1st year, 5% second year, then 6% balance-depending on current rates) adding showers to the 2 1/2 baths, decorator allowance or discount on price. Owner will consider rent, rent/option or lease/purchase. Property is in AE 100 year flood plain - see map. Rated 1 in 10. Owner's lender required flood insurance which costs $1556 a year.

Listing Details

Price$935,000
Year Built1852
Property TypeCommercial
Listing #VAFB2003118
StatusActive Under Contract
CountyFredericksburg City
Listing TypeFor Sale

Interior Features

FloorsWood
Heating and CoolingCentral, Central A/C, Ceiling Fan(s)

Exterior Features

ExteriorBrick
FoundationBrick/Mortar, Crawl Space
Lot Size0.08 acres

Courtesy of Karen L Jones (License #0225187279), Samson Properties540-645-7331

BRIGHT_MAINCopyright 2023 Bright MLS. All rights reserved. The data relating to real estate for sale on this website is deemed reliable but not guaranteed. Listing information within this app is from various brokers who participate in IDX.
This content last updated on 3/29/2023 7:21 PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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