408-410 W Main St
YOUR NEW OPP @ THE HEART OF HISTORICAL FBG
Marketing description
Rare opportunity to acquire a two-suite mixed-use commercial property just off Fredericksburg's Main Street core. The asset totals approximately 6,894 SF of rentable space on 0.46 acres and includes ~13,000 SF of paved on-site parking, a key differentiator within the historic district.
The property is currently leased under short-to-medium-term arrangements generating approximately $103,000 in annual gross income, reflecting a conservative in-place baseline rather than a fully stabilized case. Upside is driven by lease duration, tenant mix, and hospitality-oriented or experiential uses common to Fredericksburg's tourism-driven market.
Comparable Main Street assets have traded at mid single-digit cap rates when stabilized, reflecting scarcity, location quality, and brand-driven demand. The offering blends historic limestone character with flexible layouts suitable for retail, tasting room, hospitality, or destination-oriented concepts.
Financial and leasing details available upon request.
Investment highlights
On the iconic Main St corridor - here is your multi-use investment opportunity!
Located on the West end of the touristy street, these 2 buildings are a stones throw from all the newest restaurants and short walk to the much-anticipated The Muese!
- 2 Buildings
- Historical Story
- ±75' Main St. Frontage
- Suite-Mix
- Multi-use in CBD
- 6,894 SF rentable space
- ~13,000 SF on-site parking
A blend of historic character, real income, and serious upside
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