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11320-11326 Patriot Hwy
Fredericksburg, VA 22408

$339,000 - $966,460 USD

Storefront Retail Office Condos For Sale  •  1,425+ SF

Property Details

  • Property Type Storefront Retail Office
  • Total Building Size 12,995 SF
  • Lot Size 1.31 AC
  • Building Class B
  • Year Built 1965
  • Cap Rate 8.00 %
  • Tenancy Multiple
  • Zoning C-3
0 Transit Score
39 Walk Score

3 Units Available

Name Condo Use Size Price Details
1st Floor - Unit 11326 Office/Retail 1,767 SF $374,900 USD
  • Unit Size: 1,767 SF
  • Condo Use: Office/Retail
  • Price: $374,900 USD
  • Sale Type: Investment or Owner User
  • Price/SF: $212.17 USD
Description
11326 Patriot Highway, this 1,767 square foot space has one reception area, four (4) offices, one (1) large conference room and two (2) toilets. It is currently leased by Ecoverseva, LLC, a water system treatment company.
Condo Fee: $434.00 per month
Taxes: $185.22 per month
1st Floor - Unit 11322 Office/Retail 4,393 SF $966,460 USD
  • Unit Size: 4,393 SF
  • Condo Use: Office/Retail
  • Price: $966,460 USD
  • Sale Type: Investment
  • Price/SF: $220.00 USD
Description
This 4,393 square foot space has a lobby, recording area, stage, commercial kitchen, two (2) toilets, office, break room, utility room and a large open area.
Currently leased to Kingdom Equipt Ministries.
Condo Fee: $658.95 per month
Taxes: $413.53 per month
1st Floor - Unit 11320 Office/Retail 1,425 SF $339,000 USD
  • Unit Size: 1,425 SF
  • Condo Use: Office/Retail
  • Price: $339,000 USD
  • Sale Type: Investment
  • Price/SF: $237.89 USD
Description
11320 Patriot Highway: This 1,425 square foot unit is comprised of a large reception area with retail counter, two offices and one unisex bathroom. The space is completely built out and is perfect for anyone needing a large retail area and multiple offices. This space is also an end cap location for convenience and visibility. Unit is currently leased to Kingdom Equipt Ministries.

Description 

This property is well located on the west side of Route One near its intersection with Hudgins Road in the Spotsylvania County, Virginia. 
The property fronts on the Route One service lane providing excellent visibility and easy access for customer convenience. This property sits in an area known as the “Fredericksburg Motor Mile”, a location with multiple large automobile dealerships and other businesses.

11322 Patriot Highway: This 4,393 square foot space has a lobby, recording area, stage, commercial kitchen,two (2) toilets, office, break room, utility room and a large open area. This unit is currently leased to Kingdom Equipt Ministries.
Condo Fee: $658.95 per month
Taxes: $413.53 per month

11326 Patriot Highway: This 1,767 square foot unit is comprised of a reception area, three offices, conference room, one large open room and two unisex bathrooms. The space is completely built out and is perfect for a small business needing multiple offices. This unit is currently leased by Ecoverseva, LLC.
Condo Fee: $434.00 per month
Taxes: $185.22 per month

11320 Patriot Highway: This 1,425 square foot space has a large reception area, two (2) offices and one (1) toilet. Currently Leased to Kingdom Equipt Ministries.
Condo Fee: $213.75 per month
Taxes: $185.23 per month

Property Flyers

Financial Summary

Cap Rate: 8.00 %
Total Expenses: $0 USD

Public Transportation

Commuter RailDriveWalkDistance
Fredericksburg (Fredericksburg Line - Virginia Railway Express) 8 min - 3.2 mi
Spotsylvania (Fredericksburg Line - Virginia Railway Express) 16 min - 8.0 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 78
Type: Surface
Included in Rent: Yes
David Blackwood 540-226-4170 Blackwood Real Estate, Inc.
David Blackwood 540-226-4170 Blackwood Real Estate, Inc.