2005 Lafayette Blvd, Fredericksburg, VA 22401

$1,400,000

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List Price
$1,400,000
Days on Market
83
MLS#
VAFB2010596
Status
ACTIVE
Type
Commercial
Year Built
1986
County
Fredericksburg City

Property Description

Prime commercial opportunity on highly traveled Lafayette Boulevard in Fredericksburg, Virginia. This established restaurant property offers exceptional visibility with approximately 21,000 vehicles per day (VDOT 2024) and convenient access to Interstate 95, downtown Fredericksburg, and the surrounding retail and business corridor. Multiple acquisition opportunities are available: • Real Estate and Established Restaurant Business: $1,400,000 • Real Estate Only: $1,000,000 • Restaurant Business Only: $400,000 with a new five-year lease at $6,200 per month plus utilities, subject to mutually acceptable lease terms. The property is improved with an approximately 1,456-square-foot restaurant building situated on approximately 0.473 acres and is zoned CT (Commercial Tourist), allowing a variety of commercial uses subject to City approval. Ideal opportunity for an owner-operator, investor, or entrepreneur seeking a high-visibility location with established commercial infrastructure. Business financial information and additional due diligence materials are available to qualified purchasers after execution of a confidentiality agreement. All showings are by appointment only. Please do not disturb employees or discuss the sale with staff. Buyer to verify all zoning, square footage, permits, and information deemed material.

Additional Information

Acres
0.47
Lot Size
20,473
Lot Description
Road Frontage, Cleared, Level
Elementary School
Lafayette Upper
Middle School
Walker Grant
High School
James Monroe
Cooling
Central A/C
Heating
Heat Pump(s)
Taxes
$4,341

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Calculator source: Real Geeks

Listing courtesy of Move4Free Realty, LLC. Contact: 2023691460