2005 LAFAYETTE BOULEVARD, FREDERICKSBURG, VA 22401
FREDERICKSBURG CITY County
Key Facts
Description
Prime commercial opportunity on highly traveled Lafayette Boulevard in Fredericksburg, Virginia. This established restaurant property offers exceptional visibility with approximately 21,000 vehicles per day (VDOT 2024) and convenient access to Interstate 95, downtown Fredericksburg, and the surrounding retail and business corridor. Multiple acquisition opportunities are available: • Real Estate and Established Restaurant Business: $1,400,000 • Real Estate Only: $1,000,000 • Restaurant Business Only: $400,000 with a new five-year lease at $6,200 per month plus utilities, subject to mutually acceptable lease terms. The property is improved with an approximately 1,456-square-foot restaurant building situated on approximately 0.473 acres and is zoned CT (Commercial Tourist), allowing a variety of commercial uses subject to City approval. Ideal opportunity for an owner-operator, investor, or entrepreneur seeking a high-visibility location with established commercial infrastructure. Business financial information and additional due diligence materials are available to qualified purchasers after execution of a confidentiality agreement. All showings are by appointment only. Please do not disturb employees or discuss the sale with staff. Buyer to verify all zoning, square footage, permits, and information deemed material.
Property Information
Property Type
Commercial Sale
Sub-Type
Retail
Year Built
1986
Stories
1
Living Area
1,456 sq ft
Lot Size
0.47 acres
Parking Spaces
15
Zoning
CT
Days on Market
27
MLS® Listing#
VAFB2010596
Property Features
Appliances
Cooling
Heating
Parking
Lot Features
Construction
Sewer
Water Source
Schools
- Elementary:
- LAFAYETTE UPPER
- Middle:
- WALKER GRANT
- High:
- JAMES MONROE
- District:
- FREDERICKSBURG CITY PUBLIC SCHOOLS
Financial Details
Annual Taxes
$4,341
Tax year 2025
Assessed Value
$510,700
Parcel Number
7778-55-5507
Directions
From I-95, take Exit 130A toward Fredericksburg/Route 3 East. Continue to US-1 South (Lafayette Boulevard). Travel south on Lafayette Boulevard approximately 1.5 miles. Property is located at **2005 Lafayette Blvd., Fredericksburg, VA 22401**, on the right-hand side with excellent frontage and visibility along US-1.
Affordability Calculator
$280,000
Estimated monthly payment
$7,451/mo
Principal $1,120,000 · Est. interest $1,562,500 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in FREDERICKSBURG, VA
- $565,625
- Median Listing Price
- 41
- Median Days on Market
- 2,543
- Median Sq Ft
- $222
- Median Price / Sq Ft
- 509
- Active Listings
- This home’s price is 148% above the area median.
- Its price per sq ft is 333% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in FREDERICKSBURG, VA.
Location
Points of Interest in FREDERICKSBURG, VA
Showing the FREDERICKSBURG area map.
Nearby Schools
Lafayette Upper Elementary School
Elementary · 0.5 mi away
Saint Mary Preschool
School · 1.4 mi away
Spotswood Elementary School
Elementary · 1.5 mi away
Hugh Mercer Elementary School
Elementary · 1.8 mi away
Kids Station II Powered by Kindercare
School · 2.4 mi away
James Monroe High School
Secondary · 2.4 mi away
Minnieland
School · 2.6 mi away
Ferry Farm Baptist Church
School · 2.6 mi away
The Marshall School
School · 2.8 mi away
Faith Baptist School
School · 2.8 mi away
Marshall School
School · 2.8 mi away
Ferry Farm Elementary School
Elementary · 2.9 mi away
South Stafford Christian School
Elementary · 2.9 mi away
Wilderness Elementary School
Elementary · 2.9 mi away
Fredericksburg Children's Academy
School · 3.0 mi away
Goddard School
School · 3.0 mi away
Elite Academy
School · 3.2 mi away
The Little Academy
School · 3.4 mi away
Battlefield Middle School
Secondary · 3.4 mi away
Battlefield Elementary School
Elementary · 3.5 mi away
Commute Calculator
Nearby Homes
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Comparable nearby listings and their asking prices.
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|---|---|---|---|---|
| 19 BERRY HILL LANE, FREDERICKSBURG, VA | $980,000 | — | — | — |
| 152 OLD CROPPS MILL ROAD, FREDERICKSBURG, VA | $985,000 | 5 | 6 | 4,115 |
| 109 ROBELI WAY, FREDERICKSBURG, VA | $990,000 | 4 | 3 | 3,750 |
| 1600 PRINCESS ANNE STREET, FREDERICKSBURG, VA | $995,000 | — | 2 | 2,436 |
| TIDEWATER TRL, FREDERICKSBURG, VA | $995,000 | — | — | — |
| 20 CESSNA LANE, FREDERICKSBURG, VA | $995,000 | 6 | 6 | 9,828 |
Moving Cost Estimate
EXIT Agents in FREDERICKSBURG
Listing Courtesy: Move4Free Realty, LLC - 5712925377