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Investment Highlights

  • 1.6558 Acres | Four Assembled Parcels - Rare opportunity to control a large-scale site in Fredericksburg’s urban core
  • Creative Maker (CM) Zoning - Highly flexible zoning allowing multifamily, mixed-use, retail, brewery, maker space, and more
  • Multiple Frontages - Positioned along Lafayette Boulevard and Wolfe Street for visibility and access
  • 18,016 SF of Existing Improvements - Supports adaptive reuse, interim income, or phased redevelopment strategies
  • Optionality & Phasing Potential - Redevelop immediately or hold and reposition over time

Executive Summary

Roxbury Mills presents a truly rare opportunity to acquire a 1.66-acre urban infill redevelopment site in the heart of Fredericksburg’s Creative Maker District. Comprised of four assembled parcels totaling approximately 18,016 SF of existing improvements, this offering stands as one of the largest available redevelopment tracts in the downtown core.
Positioned along Lafayette Boulevard with additional frontage on Wolfe Street, the property offers a unique combination of scale, visibility, and flexibility that is increasingly difficult to replicate in today’s constrained urban environment. The Creative Maker (CM) zoning provides exceptional versatility, supporting a wide range of uses including multifamily, mixed-use, retail, hospitality, artisan manufacturing, and live/work concepts.
Existing structures on-site allow for multiple strategic pathways, including adaptive reuse, value-add repositioning, phased redevelopment, or interim income generation while entitlements and planning are finalized. This flexibility enables developers, investors, and owner-users to tailor a vision that aligns with market demand and long-term investment goals.
Located just minutes from Historic Downtown Fredericksburg, with convenient access to I-95, the VRE, the University of Mary Washington, and Central Park, the property benefits from strong regional connectivity and continued growth. Its strategic position between Washington, DC and Richmond further enhances its appeal as a destination for residential, commercial, and experiential development. Opportunities of this size, zoning flexibility, and central location are exceptionally limited—making Roxbury Mills a standout redevelopment opportunity in one of Virginia’s most desirable and evolving markets.

Attachments

Roxbury Mills

Property Facts

Sale Type Investment
Status Active
Number of Properties 4
Individually For Sale 0
Total Building Size 18,016 SF
Total Land Area 1.66 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
607 Lafayette Blvd, Fredericksburg, VA 22401 Land 0.69 AC - -
603 Lafayette Blvd, Fredericksburg, VA 22401 Land 0.29 AC - -
601 Lafayette Blvd, Fredericksburg, VA 22401 Retail 9,996 SF 1920 -
606 Wolfe St, Fredericksburg, VA 22401 Retail 8,020 SF 1900 -
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  • Listing ID: 40454905

  • Date on Market: 2026-05-08

  • Last Updated:

  • Address: Roxbury Mills Redevelopment Opportunity, Fredericksburg, VA

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