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702 S Washington Highway, Fredericksburg, TX 78624

$2,850,000
  • 702 S Washington Highway, Fredericksburg, TX 78624 Main Photo

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Active
MLS#5684016
STATUSActive PROPERTY TYPECommercial - Business SUBDIVISIONG E Co #50

Property Description

Prime commercial investment opportunity in the heart of Fredericksburg, Texas. Situated at 702 S. Washington Street (State Highway 87), this property offers exceptional visibility and access along a high-traffic corridor just minutes from Fredericksburgs historic Main Street, a premier destination in the Texas Hill Country. Fredericksburgs robust tourism economy, anchored by its renowned wineries, hospitality sector, and vibrant downtown, drives consistent year-round visitor traffic and supports strong commercial demand. The site benefits from direct frontage on SH 87 with convenient access to U.S. Highway 290, connecting Austin, San Antonio, and the Hill Country wine region.According to Texas Department of Transportation (TxDOT) data, S. Washington Street experiences approximately 7,000?10,000 vehicles per day, providing excellent exposure. Nearby Highway Street supports additional traffic of 2,000?7,000 vehicles daily, reinforcing steady local circulation and accessibility. Surrounded by established residential neighborhoods, lodging properties, and local businesses, the property benefits from a dynamic mix of local consumer base and tourism-driven activity. Continued population growth and sustained visitor demand position Fredericksburg as one of the strongest small-market investment environments in Texas.Key Highlights? Prime frontage on S. Washington Street (SH 87)? High visibility with strong daily traffic counts? Proximity to Main Street retail, dining, and wineries? Located in a high-demand, tourism-driven market? Flexible commercial potential (buyer to verify zoning and uses)? Partially approved strip center plans convey with sale? Improvements offered as-isIdeal for retail, office, hospitality, or redevelopment, this offering presents a rare opportunity to acquire a strategically located asset in one of the most desirable commercial corridors in the Texas Hill Country.

702 S Washington Highway | MLS# 5684016

This commercial property located at 702 S Washington Highway, Fredericksburg, TX 78624 is currently listed for sale with an asking price of $2,850,000. Search Fredericksburg real estate on www.rmcapitalcity.com today.

Property Features

Property Type: Commercial - Business
Lot Size: 1.95 Acres
Taxes: $16,677
Year Built: 1992

Feature Descriptions

Accessibility: See Remarks
Area #: GP
Building Features: See Remarks
Days on Site: 14
Exterior: See Remarks
Flood Plain: No
Flooring: See Remarks
Other Equipment: See Remarks
Parcel#: GE005000
Parking: See Remarks
Parking Notes: See Remarks
Restrictions: Deed Restrictions
Security: See Remarks
Sewer: See Remarks, Public Sewer
Utilities: Electricity Available, Water Connected
Water: Public

Listed By / Shown By

Listed By

Agency Name: Reata Ranch Realty, LLC
Agency Contact: (830) 992-3045

Shown By

Agency Title: Realty Capital City
Agency Phone: 512-744-4600

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