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Investment Highlights
- Commercially zoned property
- Easy access to major transportation corridors and surrounding residential neighborhoods
- Potential for professional, educational, creative, wellness or specialty commercial applications, subject to zoning approval
Executive Summary
An exceptional opportunity to acquire a distinctive commercial property strategically located at 202 Herndon Street in Fredericksburg, Virginia, just minutes from the heart of historic Downtown Fredericksburg.
Offering approximately 1,160 square feet, this property provides an attractive combination of location, character, visibility and adaptable space. Its configuration lends itself to a variety of potential commercial and professional applications, subject to applicable City of Fredericksburg zoning and approvals.
PROPERTY HIGHLIGHTS
• Approximately 1,160 SF
• Commercially zoned property
• Convenient Fredericksburg location
• Close proximity to Downtown Fredericksburg
• Easy access to major transportation corridors and surrounding residential neighborhoods
• Distinctive property with strong identity and character
• Flexible layout suitable for an owner-user or investor
• Potential for professional, educational, creative, wellness or specialty commercial applications, subject to zoning approval
• Opportunity for an organization or business seeking a property with a more distinctive presence than conventional office space
A STRATEGIC FREDERICKSBURG LOCATION
202 Herndon Street offers the advantage of being positioned within the established Fredericksburg market while remaining convenient to the city’s historic downtown business district, residential communities and regional transportation network.
The property represents a compelling alternative to traditional commercial space for an owner-user seeking location, flexibility and long-term real estate ownership.
Its scale may also appeal to investors and specialty users looking for an adaptable commercial asset in one of Virginia’s most established and recognizable communities.
IDEAL FOR AN OWNER-USER OR INVESTOR
Whether envisioned as professional offices, an educational or training environment, creative studio, boutique business, wellness-oriented operation or other permitted commercial use, 202 Herndon Street provides a platform for a buyer to establish a distinctive Fredericksburg presence.
Offering approximately 1,160 square feet, this property provides an attractive combination of location, character, visibility and adaptable space. Its configuration lends itself to a variety of potential commercial and professional applications, subject to applicable City of Fredericksburg zoning and approvals.
PROPERTY HIGHLIGHTS
• Approximately 1,160 SF
• Commercially zoned property
• Convenient Fredericksburg location
• Close proximity to Downtown Fredericksburg
• Easy access to major transportation corridors and surrounding residential neighborhoods
• Distinctive property with strong identity and character
• Flexible layout suitable for an owner-user or investor
• Potential for professional, educational, creative, wellness or specialty commercial applications, subject to zoning approval
• Opportunity for an organization or business seeking a property with a more distinctive presence than conventional office space
A STRATEGIC FREDERICKSBURG LOCATION
202 Herndon Street offers the advantage of being positioned within the established Fredericksburg market while remaining convenient to the city’s historic downtown business district, residential communities and regional transportation network.
The property represents a compelling alternative to traditional commercial space for an owner-user seeking location, flexibility and long-term real estate ownership.
Its scale may also appeal to investors and specialty users looking for an adaptable commercial asset in one of Virginia’s most established and recognizable communities.
IDEAL FOR AN OWNER-USER OR INVESTOR
Whether envisioned as professional offices, an educational or training environment, creative studio, boutique business, wellness-oriented operation or other permitted commercial use, 202 Herndon Street provides a platform for a buyer to establish a distinctive Fredericksburg presence.
Taxes & Operating Expenses (Actual - 2026) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Taxes |
$3,810,397
|
$3,284.83
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$3,810,397
|
$3,284.83
|
Taxes & Operating Expenses (Actual - 2026)
| Taxes (CAD) | |
|---|---|
| Annual | $3,810,397 |
| Annual Per SF | $3,284.83 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $3,810,397 |
| Annual Per SF | $3,284.83 |
Property Facts
Sale Type
Owner User
Property Type
Building Size
1,160 SF
Building Class
C
Year Built/Renovated
1900/2017
Price
$1,110,227 CAD
Price Per SF
$957.09 CAD
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
580 SF
Building FAR
0.51
Lot Size
0.05 AC
Zoning
CT - Zoned CT in the City of Fredericksburg, offering flexibility for a variety of residential, office, professional, and compatible commercial uses.
Amenities
- Fenced Lot
- Security System
- Wheelchair Accessible
- Air Conditioning
- Smoke Detector
1 1
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 25-202 | Total Assessment | $404,343 CAD |
| Land Assessment | $176,753 CAD | Annual Taxes | $3,810,397 CAD ($3,284.83 CAD/SF) |
| Improvements Assessment | $227,590 CAD | Tax Year | 2026 |
Property Taxes
Parcel Number
25-202
Land Assessment
$176,753 CAD
Improvements Assessment
$227,590 CAD
Total Assessment
$404,343 CAD
Annual Taxes
$3,810,397 CAD ($3,284.83 CAD/SF)
Tax Year
2026
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202 Herndon St
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