702 S WASHINGTON HIGHWAY, FREDERICKSBURG, TX 78624
Homes for sale in Fredericksburg.
Homes for sale in 78624.
11,700
Square Feet
Commercial
Type
About This Property
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.
Property Features
Location Information
County
Gillespie
Subdivision
G E Co #50
County
Gillespie
Directions
From Main Street in Fredericksburg travel S on Washington/Hwy 87S. Property is on the corner of Hwy 87 and Highway Street
Area
GP
Interior Features
Heating
None
Disabled Features
See Remarks
Floors
See Remarks
Accessibility
See Remarks
Exterior Features
Style
See Remarks
Parking Description
See Remarks
Is New Construction
No
Lot Size in Acres
1.951
Construction/Exterior
See Remarks
Zoning
C-2
Foundation
Slab
Buildings
3
Possession
Closing & Funding, Close Of Escrow
Road Description
Gravel
Water / Sewer
Public Sewer, See Remarks
Has Waterfront
No
Water
Public
Additional Information
Other Utilities
Electricity Available, Water Connected
APN
GE005000
Property Type
COM
Status
Active
Property SubType
Mixed Use
Documents Available
See Remarks
Year Built
1992
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$12,375
per month
30 Year Fixed. 3.52% Interest Rate.
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