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32758208
32758202

2062 Plank Road, Fredericksburg, VA 22401 For Sale

EC
VA VA 0225 079352, VA
Coldwell Banker Commercial
Listed by Coldwell Banker Commercial
$2,680,000
79 days on market
Updated 37 days ago
Opportunity zone

2062 Plank Road

Details
Property Type Retail
Sub Type Storefront
Square Footage 1,728
Pads 1
NOI $135,000
Tenancy Single
Lease Type Absolute NNN
Acreage 0.520
Zoning CH
Tenant Credit Credit Rated
Ground Lease No

Retail | Development Site or STNL Investment

Marketing description

Located in the heart of Fredericksburg, VA, the area seamlessly blends historic charm with a bustling commercial energy, making it an ideal location for retail and street retail investors. The vibrant downtown district boasts an array of upscale boutiques, culinary delights, and cultural attractions, creating an inviting environment for businesses. With key landmarks such as the Fredericksburg Area Museum, Central Park shopping center, and the University of Mary Washington in close proximity, the property offers an exceptional opportunity for investors to establish a presence in a thriving retail environment and capitalize on the area's rich heritage and commercial vitality. Fully leased retail investment opportunity at 2062 Plank Road, Fredericksburg, VA. This 1,728 SF freestanding building on 0.52 acres is zoned CH and positioned along one of Fredericksburg’s primary commercial corridors. The property offers exceptional visibility, direct access, and consistent exposure to daily commuters and surrounding neighborhoods. Functional improvements include an efficient interior layout, strong storefront presence, dedicated customer access, and a valuable drive-thru component. The well-maintained exterior supports a professional retail image and long-term tenant appeal. Located in a proven trade area with strong surrounding demographics and ongoing growth, this asset presents an attractive opportunity for investors seeking stable in-place income and future upside in a high-demand Fredericksburg retail market. - 1,728 SF retail building - Zoned CH - 100% occupancy - Direct access to local Plank Rd - Strong visibility from 38,000-48,000 vehicles per day - Flexible interior layout - Dedicated customer drop-off and entry points - Well-maintained exterior - Professional retail presence with stable operators - Efficient circulation ideal for customer flow - Drive-thru capability - Suitable for single tenant retail concept

Investment highlights

Fully leased retail investment opportunity at 2062 Plank Road, Fredericksburg, VA. This 1,728 SF freestanding building on 0.52 acres is zoned CH and positioned along one of Fredericksburg’s primary commercial corridors. The property offers exceptional visibility, direct access, and consistent exposure to daily commuters and surrounding neighborhoods. Functional improvements include an efficient interior layout, strong storefront presence, dedicated customer access, and a valuable drive-thru component. The well-maintained exterior supports a professional retail image and long-term tenant appeal. Located in a proven trade area with strong surrounding demographics and ongoing growth, this asset presents an attractive opportunity for investors seeking stable in-place income and future upside in a high-demand Fredericksburg retail market.

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Listing Contacts

EC
VA VA 0225 079352, VA
Coldwell Banker Commercial
Listed by Coldwell Banker Commercial

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$135,000.00
$11,250.00/mo

Valuation Metrics

0
DSCR
5.04%
Cap Rate
5.04%
ROI

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Additional Information

Name
Ed Cave
License
VA 0225 079352
Brokerage
Coldwell Banker Commercial
Title
Real Estate Salesperson
Brokerage Address
990 Bragg Road
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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