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Coldwell Banker Commercial Elite Announces Sale of Historic Downtown Fredericksburg Property

By Colby Goetz
Category: Uncategorized
September 10, 2025
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Fredericksburg, VA — September, 10, 2025 – Donny Self of Coldwell Banker Commercial Elite successfully represented the buyer in the acquisition of 702 Princess Anne Street, a 2,126 SF historic commercial building located in the heart of Downtown Fredericksburg. The property sold for $805,000.

Built in 1889 and situated directly across from the City Courthouse, the building combines historic charm with professional functionality. Features include five private offices, a conference room, a loft, hardwood floors, and modern systems such as central A/C and heat. Additional amenities include a full front porch, rear wet bar, basement storage, and six off-street parking spaces—a rare advantage in the downtown area.

Located within walking distance of dining, shopping, and the VRE station, the property offers strong potential for professional office or mixed-use applications in one of Fredericksburg’s most prominent commercial corridors. This sale underscores continued investor interest in prime downtown assets with enduring historic value and modern usability.

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