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$ 2,850,000
Est. payment /mo
Active
702 Washington St Fredericksburg, TX 78624
1.95 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 104003
Annual Tax Amount $16,677
Tax Year 16677
Lot Size 1.950 Acres
Property Sub-Type Commercial
Property Description
Prime commercial opportunity in the heart of Fredericksburg, Texas. Ideally situated at 702 S. Washington Street, this property offers exceptional visibility and accessibility just minutes from Main Street and the central business district. Positioned along a well-traveled corridor, the site benefits from strong local and tourist traffic, making it an ideal location for retail, office, hospitality, or mixed-use development. Fredericksburg is one of Texas' premier tourism destinations, known for its thriving wine industry, vibrant downtown, and consistent year-round visitor activity. The property's location along South Washington Street (State Highway 87) provides convenient connectivity to major routes including U.S. Highway 290, a primary artery for visitors traveling between Austin, San Antonio, and the Texas Hill Country. According to the Texas Department of Transportation (TxDOT) Traffic Count Database (STARS II), this corridor experiences steady daily traffic volumes, contributing to strong exposure and business potential. TxDOT collects Annual Average Daily Traffic (AADT) counts statewide to measure roadway usage and patterns, providing reliable data for commercial site evaluation. The property is surrounded by a mix of established residential neighborhoods, lodging options, and local businesses, creating a consistent flow of both local and visitor traffic. Fredericksburg's continued growth and popularity as a weekend destination further enhance the long-term investment appeal of this location. Key Highlights: Strategic location on S. Washington Street (SH 87) High visibility with consistent traffic flow Minutes to Main Street shopping, dining, and wineries Strong tourism-driven economy Flexible commercial potential (buyer to verify zoning and use) Ideal for retail, office, or redevelopment Whether you are looking to establish a business, expand your portfolio, or invest in one of the fastest-growing markets in the Texas Hill Country, this property offers a rare opportunity to secure a well-positioned commercial site in Fredericksburg. Buildings are sold "as is". Seller has partially-approved plans for Strip Center which convey with sale of the property. Positioned along S. Washington Street (US Hwy 87 ), the property benefits from strong daily traffic counts estimated between 7,000 and 10,000 vehicles per day, according to TxDOT data. Highway Street, a key collector route serving surrounding residential areas, carries approximately 2,000 to 7,000 vehicles per day, further contributing to consistent local traffic flow and accessibility.
Location
State TX
County Gillespie
Area City-Southeast
Zoning C-2
Interior
Heating None
Cooling None
Exterior
Parking Features On Street, Gravel
Fence Partial, Wire
Utilities Available Water Connected, City Electric
Roof Type Metal
Building
Lot Description Corner Lot, City Lot, 1-5 Acres
Schools
Elementary Schools Fredericksburg
Middle Schools Fredericksburg
High Schools Fredericksburg
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Listed by Reata Ranch Realty, LLC
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