Details

100 Randolph Rd, Fredericksburg, VA 22405

Sale Date and Time: Thursday, July 17th @ 1:00 p.m.

Sale Location: 1300 Courthouse Road, Stafford, VA 22555

Prime sit-down restaurant opportunity on Randolph Road in Fredericksburg, VA. This well-maintained 1,600± SF commercial building offers flexible space for dining or other uses, with excellent road frontage, outdoor patio, and convenient parking.

Property Highlights

• 1,600± SF one-story commercial building ideal for restaurant or commercial use
• 8 paved parking spaces for easy customer access
• 73± ft. of high-visibility road frontage on Ferry Road
• Outdoor patio area perfect for al fresco dining
• Close access to I-95 and Route 1

Why You’ll Love It

• Established restaurant-ready space with a well-maintained building that can accommodate a variety of dining concepts or other commercial uses
• High traffic exposure with 73± feet of road frontage on a busy thoroughfare, helping attract customers
• Convenient parking and outdoor seating, enhancing customer experience and increasing revenue potential
• Flexibility and growth potential—perfect for entrepreneurs, restaurateurs, or investors looking to capitalize on Fredericksburg’s vibrant market

Ideal For

• Restaurateurs or chefs looking to open or expand a sit-down dining concept in a high-visibility location
• Entrepreneurs and small business owners seeking versatile commercial space with great customer access
• Investors wanting a stable income property in Fredericksburg’s growing market
• Caterers or food service operators needing a ready-to-use commercial kitchen and dining area

Bidder Requirements and Auction Terms

• Online Bidders
  • All bidders MUST register and submit the initial deposit no later than one hour prior to the sale start time via wire transfer or credit card
  • All required documentation must be fully completed and submitted before bidding privileges are approved
• Live Bidders
  • On-site registration will be available on the day of the auction, please make sure to arrive at least 10 minutes early to register
  • A cashier’s check payable to yourself or Motleys is required at check-in for registration
  • All participants must complete the registration form to receive bidding approval
• Auction Terms
  • Buyer’s Premium: A 10% buyer’s premium will be added to the highest bid to determine the purchase price
  • Initial Deposit: $10,000
  • Settlement: Settlement must occur within 30 days of the sale
  • Online Registration Deadline: Online registration must occur no later than 24 hours prior to the auction start time
  • Note:  This is a Trustee Sale.  The property may be occupied, please do not disturb the owner.

Important to Note

• All sales are AS-IS, WHERE-IS and WITHOUT ALL FAULTS
• Time is of the essence regarding the closing date
• All bidders are encouraged to conduct their own due diligence regarding the property prior to bidding

Contact Ernie Rogers to learn more at 804-334-4558 or ERogers@motleys.com

Terms

NOTICE OF TRUSTEE’S SALE

In execution of a Deed of Trust (the “Deed of Trust”) dated July 9, 2021, and recorded July 12, 2021 as Instrument No. 210023670 in the Clerk’s Office, Circuit Court of Stafford County, Virginia, Fortis Trustee Foreclosure Service, LLC (“Fortis”), acting as the appointed Substitute Trustee, will offer for sale, at public auction, the following real property (the “Property”):  100 Randolph Road, Fredericksburg, VA 22405, also referenced as Tax Map Number 54J-1H-15 (the “Property”).  The Deed of Trust was originally granted by DNR Real Estate LLC (“Grantor”) to Marie Taylor Leibson and William Lagos, the original Trustees, to secure a promissory note in the original amount of $385,950.00 (the “Note”) given by the Grantor to Primis Bank.  Pursuant to a Modification of Deed of Trust for Reduction In Amount Secured dated July 9, 2021, and recorded September 24, 2021, as Instrument No. 210032406, the indebtedness secured by the Deed of Trust was reduced to $227,050.00.

The sale will be held at the front entrance to the Stafford County Circuit Court, 1300 Courthouse Road, Stafford, VA 22555-0069.  The sale will be conducted on Thursday, July 17, 2025, at 1:00 p.m. (the “Sale”).

TERMS OF SALE: A deposit of $10,000, payable only in cash or cashier’s check (the “initial cash deposit”), will be required from the successful high bidder at the Sale, which initial cash deposit will then be credited against a total buyer’s deposit (the “total buyer’s deposit”) equal to 10% of the Sales Price (as defined below).  The successful high bidder must complete payment of the total buyer’s deposit within 3 business days of the Sale.  Settlement must occur within 30 days of the Sale.  A memorandum of sale (i.e. sales contract) must also be signed by the successful bidder at the Sale, which, in addition to the bid price, will provide for and include a 10% buyer’s premium payable to Motleys Asset Disposition Group (“Motleys”), as sales agent for Fortis.  The bid price plus the 10% buyer’s premium shall together constitute the Sales Price (the “Sales Price”). The Property is being sold AS IS and by SPECIAL WARRANTY DEED.  Additional terms may be announced at the Sale.  This is a communication from a debt collector and an attempt to collect a debt.  Any information obtained will be used for that purpose.  For more information, contact Ernie Rogers of Motleys, sales agent for Fortis, at  (804)  334-4558 or ERogers@Motleys.com.