320 W Main ST, Fredericksburg, TX 78624
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320 W Main ST, Fredericksburg, TX 78624
320 W Main ST, Fredericksburg, TX 78624
320 W Main ST, Fredericksburg, TX 78624
320 W Main ST, Fredericksburg, TX 78624
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Diane Hart Alexander, MBA, MHA

Diane Hart Alexander, MBA, MHA

+1(713) 591-9902
$ 2,995,000
Est. payment /mo
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320 W Main ST Fredericksburg, TX 78624

3,798 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type See Remarks

Listing Status Active

Purchase Type For Sale

Square Footage 3,798 sqft

Price per Sqft $788

Subdivision Fbg Add

MLS Listing ID 4854285

Year Built 1895

Annual Tax Amount $28,825

Tax Year 2026

Lot Size 0.480 Acres

Acres 0.48

Property Sub-Type See Remarks

Source actris

Property Description

A rare opportunity to own a piece of Fredericksburg's history along iconic Main Street, The Itz Inn is a circa-1895 limestone landmark offering approximately 3,798 SF. Currently operating as a hospitality property, it features four guest suites with private ensuite baths, additional commercial space, and four grandfathered lodging permits. Set across 0.48± acres, the property also offers something increasingly valuable downtown—substantial outdoor space, including a large rear yard, courtyard areas, and rear parking.
Historic limestone and pioneer stone construction, exposed stone interiors, high ceilings, wood floors, and original architectural details preserve the distinctive character of the property. An expansive second-story covered gallery porch overlooking Main Street creates a memorable setting for guests, while the courtyards, mature trees, and historic cellar add another dimension to the property. Additional commercial space provides flexibility for a tasting room, retail concept, gallery, office, or expansion of the existing hospitality use.
Positioned within walking distance of Fredericksburg's restaurants, wineries, shops, galleries, and attractions, The Itz Inn brings together established lodging, commercial versatility, generous grounds, and a premier Main Street location. Whether continued as a boutique hospitality property or reimagined as a distinctive mixed-use destination, this landmark presents a compelling opportunity to acquire a substantial downtown property with character, flexibility, and multiple avenues for future use.

Location

State TX

County Gillespie

Area Gp

Zoning CBD with a Historic Over

Interior

Heating Central, Electric

Cooling Ceiling Fan(s), Central Air, Electric

Fireplace N

Exterior

Utilities Available Electricity Connected, Sewer Connected, Water Connected

View Downtown

Total Parking Spaces 20

Building

Story 2

Foundation Pillar/Post/Pier, Slab

Structure Type See Remarks,Stone

New Construction No

Others

Restrictions City Restrictions,Deed Restrictions,Zoning

Acceptable Financing Cash, Conventional

Tax Rate 1.274105

Listing Terms Cash, Conventional

Special Listing Condition Standard

Virtual Tour https://www.propertypanorama.com/instaview/aus/4854285

Listed by Fredericksburg Realty • Justin Cop

NEARBY SCHOOLS & PROPERTIES

Diane Hart Alexander, MBA, MHA

Diane Hart Alexander, MBA, MHA

Chair, CEO, Broker License ID: 565194

+1(713) 591-9902

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320 W Main ST