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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.
| DAYS ON MARKET | 303 | LAST UPDATED | 10/27/2025 |
|---|---|---|---|
| TRACT | Fredericksburg Addition | YEAR BUILT | 1882 |
| COMMUNITY | City-Northwest | COUNTY | Gillespie |
| STATUS | Active | PROPERTY TYPE(S) | Single Family |
| School District | Fredericksburg |
|---|
| ADDITIONAL DETAILS | |
| AIR | Central Air, Electric, Zoned |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | City-Northwest |
| FIREPLACE | Yes |
| HEAT | Central, Natural Gas, Zoned |
| LOT | 0.45 acre(s) |
| LOT DESCRIPTION | Level |
| PARKING | Asphalt |
| SEWER | Public Sewer |
| STORIES | 1 |
| STYLE | Historical, See Remarks |
| SUBDIVISION | Fredericksburg Addition |
| TAXES | 32740 |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listed with CENTURY 21 The Hills Realty
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