702 S Washington St,Fredericksburg, TX 78624
Fredericksburg, TX 78624
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.
Details
| MLS # | 104003 |
|---|---|
| Listing Type | For Sale |
| Style | Commercial |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 161 |
| Listing Provided By | Reata Ranch Realty, LLC | Michele Smith |
Features
| Zoning | C-2 |
|---|---|
| Acreage | 1.95 |
Taxes
| Property | 16677 |
|---|
Area Information
| State | TX |
|---|---|
| County | Gillespie |
| City | Fredericksburg |
| Zip Code | 78624 |
| Area | City Southeast |
| School District | Fredericksburg |
| Elementary School | Fredericksburg |
| High School | Fredericksburg |
| Listing VS Median (in 78624) | |
Price: $2,650,000 low | high Med: $695,000 On site: 161 low | high Med: 172 | |
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Learn More About This Property
| State | TX |
|---|---|
| County | Gillespie |
| City | Fredericksburg |
| Zip Code | 78624 |
| Area | City Southeast |
| School District | Fredericksburg |
| Elementary School | Fredericksburg |
| High School | Fredericksburg |
| Listing VS Median (in 78624) | |
Price: $2,650,000 low | high Med: $695,000 On site: 161 low | high Med: 172 | |
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