Rare opportunity to acquire a two-suite mixed-use commercial property just off Fredericksburg's Main Street core. The asset totals approximately 6,894 SF of rentable space on 0.46 acres and includes ~13,000 SF of paved on-site parking, a key differentiator within the historic district. The property is currently leased under short-to-medium-term arrangements generating approximately $103,000 in annual gross income, reflecting a conservative in-place baseline rather than a fully stabilized case. Upside is driven by lease duration, tenant mix, and hospitality-oriented or experiential uses common to Fredericksburg's tourism-driven market. Comparable Main Street assets have traded at mid single-digit cap rates when stabilized, reflecting scarcity, location quality, and brand-driven demand. The offering blends historic limestone character with flexible layouts suitable for retail, tasting room, hospitality, or destination-oriented concepts. Financial and leasing details available upon request.
| MLS # | 99002 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1882 |
| Days On Site | 302 |
| Listing Provided By | CENTURY 21 The Hills Realty | Dwight Oestreich |
| Bed(s) | 5 |
|---|---|
| Bath(s) | 4 Total |
| SQ Feet | 6,894 |
| Story(s) | 1 |
| Zoning | CBD |
| Acreage | 0.45 |
| Water Front | Yes |
| Property | 32740 |
|---|
| State | TX |
|---|---|
| County | Gillespie |
| City | Fredericksburg |
| Zip Code | 78624 |
| Area | City Northwest |
| Community Name | Fredericksburg Addition |
| School District | Fredericksburg |
| Elementary School | Fredericksburg |
| High School | Fredericksburg |
| State | TX |
|---|---|
| County | Gillespie |
| City | Fredericksburg |
| Zip Code | 78624 |
| Area | City Northwest |
| Community Name | Fredericksburg Addition |
| School District | Fredericksburg |
| Elementary School | Fredericksburg |
| High School | Fredericksburg |
![]() | $3,500,000311 S Crockett StFredericksburg, TX 78624 |
![]() | $3,500,000311 S Crockett StFredericksburg, TX 78624 |
![]() | $4,950,000707 W Creek StFredericksburg, TX 78624 |