Income-Producing / Specialty Commercial

Historic Bank Building on Emancipation Highway

401 Emancipation Highway, Fredericksburg, VA 22401

Contact for Pricing
3,280 SF 0.47 acres 7.1% Cap
3,280
Square Feet
0.47 acres
Lot Size
1981
Year Built
Specialty Commercial
Property Type

Financial Summary

7.1%
Cap Rate
$48,000
NOI (Annual)
$90,000
Gross Revenue
$7,500
Monthly Rent
100%
Occupancy
$206
Price / SF

All financial figures are estimates based on current market data and are not guaranteed. Contact us for verified financials.

About This Property

A distinctive commercial property with a rich history, originally built as Farmers and Merchants State Bank in 1981.

The building later became First Virginia Bank and then BB&T before its current transformation. Fully renovated and converted into a high-end tobacco and cigar business, it blends classic bank architecture with modern, upscale finishes. The unique character, prime Fredericksburg location, and sophisticated design make it an attractive destination for customers seeking a premium experience.

Location

Prime location along Emancipation Highway (Route 1) in Fredericksburg, Virginia, near the historic downtown district with steady vehicle and pedestrian traffic

Nearby

Historic Downtown FredericksburgUniversity of Mary WashingtonFredericksburg BattlefieldCentral Park shopping area

Investment Perspective

Distinctive property with rich architectural history and premium finishes. The former bank building offers a unique character that attracts high-end tenants and premium lease rates. Prime Route 1 location in Fredericksburg provides strong visibility and accessibility to both local and regional customers.

Property Highlights

Originally built as a bank in 1981
Fully renovated with upscale finishes
Prime Emancipation Highway location
0.47-acre lot with on-site parking
Rich architectural history and character
Contact for Pricing

401 Emancipation Highway, Fredericksburg, VA 22401

7.1% Cap Rate
$48,000 NOI

Asset Details

Status
Income-Producing
Type
Specialty Commercial
Building
3,280 SF
Lot
0.47 acres
Built
1981
Category
Commercial
Monthly Rent
$7,500
Occupancy
100%

Figures are estimates only.

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