2070 Yellow Springs, LLC Acquires Former Bank Branch In Stafford County For $1.4M

Cushman & Wakefield | Thalhimer has facilitated the sale of a retail property located at 25 Banks Ford Parkway in Fredericksburg, VA. The property, which is a former bank branch, spans over 2,782 square feet and sits on approximately 0.97 acres. The transaction took place on 12/12/2023.

Summary of transation details

• Property Type: Retail
• Transaction Amount: $1,400,000
• Address: 25 Banks Ford Parkway, Fredericksburg, VA
• Market: Fredericksburg, VA
• Square Footage: 2,782
• Buyer: 2070 Yellow Springs, LLC
• Seller: Maria Petrovitch

The buyer, 2070 Yellow Springs, LLC, acquired the property from Maria Petrovitch for a total of $1,400,000. The transaction was facilitated by brokers Berkley M. Mitchell, Jamie A. Scully, CCIM, and Will McGoogan from Cushman & Wakefield.

Note: Cushman & Wakefield | Thalhimer played a key role in the sale of the property. The retail property showcases several desirable features, including its convenient location and ample space for potential business operations.