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202 Herndon St, Fredericksburg, VA, 22401

1beds
1baths
1,160sqft
$810,000
$698price/sqft
$5,291/moest. monthly cost
$211,640/yrincome needed

About This Home

Exceptional opportunity to own a beautifully renovated 2,127-square-foot, commercially zoned property in the heart of Downtown Fredericksburg. Taken down to the studs in 2016, this turnkey commercial space underwent a complete renovation including a new roof, drywall, electrical, plumbing, heating and cooling systems, and lighting, creating a move-in ready property with modern infrastructure and timeless design. Featuring an open floor plan, the space is ideal for a variety of commercial uses, including professional offices, boutique retail, interior design, legal services, wellness, educational, creative studios, or other professional businesses. Designed with flexibility in mind, the property is ready to be customized to suit its next owner's vision. The main level offers a welcoming reception area, spacious flex space for offices, client services, or collaborative work, and a kitchenette featuring crisp white cabinetry, warm wood countertops, a vintage farmhouse sink with its original metal drainboard surround, a classic penny tile backsplash, and existing hookups for a range. Thoughtful finishes throughout include cork flooring, custom aluminum railings, and a clean, modern aesthetic that complements the building's character. Upstairs, an open loft provides additional flexible space for private offices, meetings, studio use, or storage. The upper level also features a full bathroom with a walk-in shower showcasing a built-in niche, classic penny tile, and stone tile flooring, along with convenient washer and dryer hookups. The exterior is equally impressive, offering professionally installed commercial-grade artificial turf, premium Ipe wood decking and ramps, an accessibility ramp, and a fully fenced, level backyard that expands the property's functionality for outdoor meetings, client events, employee gatherings, or additional business use. Perfectly positioned on a quiet one-way street just one block from the Rappahannock River and moments from Historic Downtown Fredericksburg, this exceptional property is surrounded by restaurants, coffee shops, boutiques, parks, the VRE station, and a thriving business community. Enjoy convenient access to Route 1, Route 3, Blue and Gray Parkway, Lafayette Boulevard, and Interstate 95, providing excellent connectivity for clients, customers, and commuters. Combining a prime location with exceptional versatility, this distinctive commercial property is ready for its next chapter.

Getting Around

74
WalkingVery Walkable
0
TransitVery Limited Transit
74
BikeVery Bikeable

Schools

1/10
3/10
2/10
James Monroe High SchoolGrades 9-120.6 mi

Construction

Condition

  • Property condition: Excellent
  • Year built: 1900

Materials

  • Foundation: Crawl Space
  • Roof: Architectural Shingle
  • Construction materials: Stucco

Notable Dates

  • Major remodel year: 2016

Type & Style

  • Home type: SingleFamily
  • Architectural style: Colonial
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Refrigerator,Ice Maker,Electric Water Heater
  • Laundry features: Hookup,Upper Level,Washer/Dryer Hookups Only

Basement

  • Area: 0

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Dining Area,Bathroom - Walk-In Shower,Open Floorplan,High Ceilings
  • Flooring: Other,Stone
  • Finished area below ground: 0
  • Finished area above ground: 1,160

Heating & Cooling

  • Heating features: Heat Pump,Electric
  • Cooling features: Heat Pump,Electric

Interior Area

  • Total structure area: 1,160
  • Total interior livable area: 1,160 sqft

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 7789071642
  • Zoning: CT
  • Special condition: Standard
  • Exclusions: Double Sink,Canoe,Shed,Basketball Hoop,Tree,Bicycle

Features

  • Levels: Two
  • Stories: 2
  • Pool features: None
  • Patio & porch: Porch
  • Fencing: Full,Wood

Lot

  • Lot size: 2,178 sqft

Parking

  • Parking features: On Street
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Lightning
    LightningRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Inland Flooding
    Inland FloodingModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Lightning
Strong Wind
Inland Flooding
Winter Weather

FEMA Declared Disasters Across Virginia Counties

Severe Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $4,095$49,140
Home Insurance *$232$2,784
Property Taxes $762$9,144
Electricity $202$2,433
Total$5,291$63,492
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$181,405/yr
40% on housing$158,730/yr
45% on housing$141,093/yr

Virginia FAIR Plan Programs

Virginia Property Insurance Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 22,622Commercial: 503
Total Premiums$20.86M
Total Exposure$4.29B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.9%
8.9%
0%30.0%
Electricity Growth Rate10-year average: 7.8%
7.8%
0%15.0%
Property Taxes Growth Rate2-year average: -1.2%
-1.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$698This listing

vs Other Active Listings

Avg $/sqft

ZIP 22401$194
Fredericksburg City$194

vs Homes Sold Last Month

Median $/sqft

ZIP 22401$268
Fredericksburg City$213

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-07-15Listed for sale$810,000
2013-12-03Sold$197,500
2013-11-08Price change$219,900
2013-10-14Price change$209,900
2013-09-09Listed for sale$219,900
2012-11-21Listing removed$210,000
2012-10-04Price change$210,000
2012-09-09Listed for sale$220,000
2006-11-27Sold$215,000

For Sale by Agent

AgentCharlotte Rouse
BrokerageColdwell Banker Elite

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