IMPORTANT COMMERCIAL PROPERTY in the CENTER of HISTORIC FREDERICKSBURG, VA

Having been contracted by the Fredericksburg Area Museum & Cultural Center and partnering with Cushman & Wakefield/Thalhimer, we are proud to offer 2 totally renovated historic buldings totaling over 17,000 sf located at one of the most prominent intersections in downtown historic Fredericksburg, VA.  With excellent Commercial Downtown zoning, the possibilities are endless in the center of the city!!

• 2 completely renovated buildings totaling 17,236 +/- sf at the intersection of Princess Anne Street and William Street in the heart of Fredericksburg, VA
• 1001 Princess Anne Street (6,706 +/- sf) has approx. 44' of road frontage on Princess Anne Street and approximately 52' of road frontage on William Street
• 215 William Street (10,530 +/- sf) has approx. 31' of road frontage on William Street and a depth of 86'
• The Princess Anne Street entrance opens into the main museum space, which is two stories high and quite a grand space.  Immediately inside this entrance is a preserved section of the former Bank's teller line.  Inside the former gallery space is where the original vault is located, complete with original door and hardware.  Beyond this area is the elevator and stair well.  In the rear of the space is one large full width room that makes up the remainder of the floor.  On the second floor there is a  mezzanine gallery space, one additional gallery room, multi-stall bathrooms and a great office space.  The office space is made up of a reception area, break froom and four offices.  The third floor consists of one large event space, a small catering closet, bathrooms, stairs and an elevator lobby.  The basement of this portion of the building houses two Collection Rooms, the IT systems room, two offices and many of the property's mechanical systems.  There are two William Street entrances to the property.  One leads directly to the stairwell, the other opens into the main gift shop of the former museum, with built-in shelving, counters and cabinetry.  In the rear of this portion of the property there is a full width education room or conference room.  In the remainder of this space there are multi-stall bathrooms, an office, the elevator and the elevator service room.  Beneath this portion of the property there is a basement level that houses more of the property's mechanical systems.
• Public water/sewer/gas; 12 parking spaces, located approx. 1 block away at 1016 Charles Street, Fredericksburg, VA, will be available for lease ($80 per month per space)
• Tax Maps:  7789-15-1296 (.0568 acres) & 7789-15-2320 (.0604 acres); Zoned CD (Commercial Downtown); built in 1927 (gutted and completely renovated in 2008 at a cost of over $12 million)
• Auction being conducted in partnership with Jamie Scully and Wilson Greenlaw of Cushman & Walkefield/Thalhimer
• Only $250,000 Starting Bid!!  Pre-Auction Offers Welcome!!

Attention Realtors:  If you are a Realtor representing a buyer, please complete and submit the broker participation form.  In order to be compensated, broker forms must be completed and submitted no later than 5 pm on 2/11/16.

Please contact Wilson Greenlaw or Jamie Scully (540-322-4140) or Kelly Strauss (540-226-1279) for more information or a private preview of the property.

$50,000 deposit is due immediately after confirmation of final bid and the balance due at closing within 45 days (unless prior arrangements have been made with the auction firm).  Deposit shall be in the form of certified funds made payable to yourself.  A 10% Buyer's Premium will be added to the final bid and will become a part of the purchase price.  Property sold in as-is conditon and is not contingent upon buyer's financing, condition of property, appraisal, inspection, etc.  Pre-approved (no later than 5 pm on 2/11/16) broker participation is well compensated.  Auctioneer's Note:  All information and dimensions were derived from sources believed to be correct, but are not guaranteed.  Buyers shall rely on their own information, judgment and inspection of the property.  All auction day announcments take precedence over any previously printed material or any other oral statements made.