1806 Fall Hill Ave 5,309 SF 100% Leased Retail Building Fredericksburg, VA 22401 $1,510,399 CAD ($284.50 CAD/SF) 7.64% Cap Rate

Unlock a rare opportunity to own a fully leased, income-producing mixed-use asset in the heart of Fredericksburg’s growth corridor.
Spanning over 5,300 SF across three lots, this well-maintained property includes four stabilized residential units and a long-standing retail storefront, generating over $84,000 in annual net income. Recent renovations and full occupancy make this a turnkey investment.
Located just blocks from the University of Mary Washington, downtown Fredericksburg, the VRE station, and the FredNats minor league stadium, the property benefits from steady demand and walkable amenities.
There is also potential to convert the 1,400 SF retail space into one or two 2-bedroom apartments—adding additional annual income.
This offering presents the ideal combination of strong cash flow, value-add upside, and long-term investment appeal in one of Virginia’s most dynamic small-city markets.
Convenience store also for sale—ask listing agent for details.