724 William St Fredericksburg, VA 22401
Downtown Fredericksburg NeighborhoodEstimated payment $5,250/month
Highlights
- 0.31 Acre Lot
- Traditional Architecture
- Main Floor Bedroom
- Traditional Floor Plan
- Wood Flooring
- 2-minute walk to Fredericksburg Area War Memorial Park
About This Home
Investment Opportunity! Zoned Commercial Downtown! Located in Downtown Fredericksburg, this 4-bedroom, 2-bath home offers 2,671 square feet of finished living space on a flat 0.31-acre lot, with potential for build-out and the opportunity to create your own private haven—whether for a business on the main level with living above or a mixed-use investment. Currently tenant-occupied and offered for sale with tenant in place, presenting an immediate income-producing opportunity. Featuring off-street parking and zoned CD (Commercial–Downtown). Step inside from the covered front porch into a welcoming foyer with hardwood floors and a staircase leading to the second level. To the left, the formal living room offers plantation shutters, chair railing, and crown molding. To the right, the formal dining room features plantation shutters, built-in shelving, and a decorative mantle. A secondary room off the dining area provides versatile use—perfect as an additional dining room, sitting room, or office—and includes a chandelier and access to the bright sunroom. The sunroom features tile flooring, built-in seating at the bay window, a ceiling fan, oversized windows with stained-glass accents, and a full bathroom with a pedestal sink and three-quarter shower. The kitchen offers tile flooring, white wooden cabinetry, white appliances, and access to the backyard. A full laundry room with washer, dryer, freezer, and storage closet sits just off the kitchen. A hallway door leads to the partial, unfinished basement. A main-level bedroom with closet and built-in shelving completes the first floor. Upstairs are three additional bedrooms, all with hardwood floors and closets, along with a shared hall bath featuring a tub/shower with glass door, tile flooring, tile shower walls, an oversized vanity with extra storage, and a linen closet. Outside, the property provides a covered rear porch, storage shed, and a spacious fenced yard with mature trees and shrubs. Off-street parking is accessible via the rear alley, which backs directly to Maury Stadium. Just walking distance to the VRE, this is an ideal commuter location with easy access to I-95, major routes, shopping, dining, parks, and local restaurants—all steps from your front door. With flexible zoning, generous lot size, and a prime walkable location, this property presents a compelling opportunity for investors, business owners, or those seeking residential, commercial, or mixed-use possibilities.
Listing Agent
(540) 735-2600 kbreen@coldwellbanker.com Coldwell Banker Elite Brokerage Phone: 5407352600 License #0225193277 Listed on: 12/04/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,558
Year Built
- Built in 1894
Lot Details
- 13,586 Sq Ft Lot
- Wood Fence
- Property is zoned CD
Home Design
- Traditional Architecture
- Hip Roof Shape
- Plaster Walls
- Concrete Perimeter Foundation
Interior Spaces
- 2,671 Sq Ft Home
- Property has 2 Levels
- Traditional Floor Plan
- Built-In Features
- Chair Railings
- Crown Molding
- Ceiling Fan
- Plantation Shutters
- Bay Window
- Formal Dining Room
- Unfinished Basement
- Partial Basement
Kitchen
- Electric Oven or Range
- Extra Refrigerator or Freezer
- Dishwasher
Flooring
- Wood
- Ceramic Tile
Bedrooms and Bathrooms
- Bathtub with Shower
Laundry
- Laundry Room
- Laundry on main level
- Dryer
- Washer
Parking
- 4 Parking Spaces
- Alley Access
Utilities
- Central Air
- Heating System Uses Natural Gas
- Hot Water Heating System
- Natural Gas Water Heater
Additional Features
- Ramp on the main level
- Porch
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 2
- Assessor Parcel Number 7779-94-6248
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2026 | $4,794 | $591,900 | $298,900 | $293,000 |
| 2025 | $4,558 | $591,900 | $298,900 | $293,000 |
| 2024 | $4,645 | $521,900 | $244,600 | $277,300 |
| 2023 | $4,488 | $521,900 | $244,600 | $277,300 |
| 2022 | $4,332 | $521,900 | $244,600 | $277,300 |
| 2021 | $4,332 | $521,900 | $244,600 | $277,300 |
| 2020 | $3,753 | $441,500 | $244,600 | $196,900 |
| 2019 | $3,532 | $441,500 | $244,600 | $196,900 |
| 2018 | $3,532 | $441,500 | $244,600 | $196,900 |
| 2017 | $3,532 | $441,500 | $244,600 | $196,900 |
| 2012 | -- | $421,400 | $271,800 | $149,600 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/09/2026 03/09/26 | Price Changed | $899,000 | -1.3% | $337 / Sq Ft |
| 02/06/2026 02/06/26 | Price Changed | $911,200 | -3.9% | $341 / Sq Ft |
| 01/10/2026 01/10/26 | Price Changed | $948,500 | -2.7% | $355 / Sq Ft |
| 12/04/2025 12/04/25 | For Sale | $975,000 | -- | $365 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $626,000 | Ekko Title | |
| Warranty Deed | $626,000 | Ekko Title | |
| Deed | -- | None Listed On Document |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $356,000 | Credit Line Revolving | |
| Closed | $356,000 | Credit Line Revolving |
Source: Bright MLS
MLS Number: VAFB2009360
APN: 136-L2
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Ask me questions while you tour the home.