2300 Fall Hill Ave
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2300 Fall Hill Ave
488,652 SF 100% Leased Office Building Fredericksburg, VA 22401 For Sale
Executive Summary
Coldwell Banker Commercial Elite is pleased to present a unique investment opportunity situated at 2300 Fall Hill Avenue, in the heart of Downtown Fredericksburg, VA. This property represents a rare chance to acquire a 12-acre assemblage of land, with over 300,000 SF of building area contained in three tracts of land, in a highly coveted yet constrained market. Formerly Mary Washington Hospital.
With its unique profile, location and size, this property presents an unparalleled opportunity for developers and investors looking to capitalize on the growth potential of the Fredericksburg market. Further, the project benefits from being located in a Federally designated Opportunity Zone and HUBZone, as well as the City of Fredericksburg’s Maker District.
Located in Downtown Fredericksburg, just off of Emancipation Hwy (Route 1). Close proximity to University of Mary Washington and Mary Washington Hospital. 1 mile to Warrenton Road (Route 17). Less than 3 miles to Interstate 95. The property boasts a prime location on one of the main corridors into Downtown Fredericksburg. The site's close proximity to major highways, public transportation, and local amenities make it an ideal location for a mixed-use redevelopment project that could reshape one of the main entrances into the City.
With its unique profile, location and size, this property presents an unparalleled opportunity for developers and investors looking to capitalize on the growth potential of the Fredericksburg market. Further, the project benefits from being located in a Federally designated Opportunity Zone and HUBZone, as well as the City of Fredericksburg’s Maker District.
Located in Downtown Fredericksburg, just off of Emancipation Hwy (Route 1). Close proximity to University of Mary Washington and Mary Washington Hospital. 1 mile to Warrenton Road (Route 17). Less than 3 miles to Interstate 95. The property boasts a prime location on one of the main corridors into Downtown Fredericksburg. The site's close proximity to major highways, public transportation, and local amenities make it an ideal location for a mixed-use redevelopment project that could reshape one of the main entrances into the City.
Property Facts Under Contract
Sale Type
Investment or Owner User
Sale Condition
Redevelopment Project
Property Type
Office
Building Size
488,652 SF
Building Class
B
Year Built
1994
Percent Leased
100%
Tenancy
Multiple
Building Height
6 Stories
Typical Floor Size
55,000 SF
Slab To Slab
9’
Building FAR
2.02
Lot Size
5.54 AC
Opportunity Zone
Yes
Zoning
CT
Parking
200 Spaces (2.4 Spaces per 1,000 SF Leased)
Amenities
- Atrium
- Commuter Rail
- Conferencing Facility
- Property Manager on Site
- Restaurant
Walk Score ®
Very Walkable (75)
Bike Score ®
Very Bikeable (88)
PROPERTY TAXES
| Parcel Number | 154-K2300T | Improvements Assessment | $13,886,954 CAD |
| Land Assessment | $681,714 CAD | Total Assessment | $14,568,668 CAD |
PROPERTY TAXES
Parcel Number
154-K2300T
Land Assessment
$681,714 CAD
Improvements Assessment
$13,886,954 CAD
Total Assessment
$14,568,668 CAD
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2300 Fall Hill Ave
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