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.