For sale
$2,450,000
702 S Washington Hwy
Fredericksburg, TX 78624
- 0 beds
- 0 baths
- 1.95 acres
Listing courtesy of Reata Ranch Realty, LLC · (830) 992-3045 · MLS# 5684016 · Status: Active
About this home
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 Fredericksburg’s historic Main Street, a premier destination in the Texas Hill Country. Fredericksburg’s 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-is” Ideal 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.
Description provided by the listing brokerage.
Facts
- Property type
- Commercial Sale · Mixed Use
- Year built
- 1992
- Lot size
- 1.95 acres
- Annual taxes
- $16,678
- County
- Gillespie
- Neighborhood
- G E Co #50
Features
- Sewer
- See Remarks, Public Sewer
- Cooling
- None
- Heating
- None
- Flooring
- See Remarks
- Utilities
- Electricity Available, Water Connected
- Water
- Public
- Parking
- See Remarks
- Foundation
- Slab
- Energy efficiency
- None
- Accessibility
- See Remarks
- Construction
- See Remarks
Location
Listings courtesy of Unlock MLS as distributed by MLS GRID.
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