For Sale
$2,850,000

515 Highway St Fredericksburg, TX 78624

High-traffic location, multi-use building, 22,000 sq ft

Overview

Added:
Dec 11, 2024
Days on market:
133
This exceptional commercial property, located at 515 E Highway St., Fredericksburg, TX 78624, presents a unique investment opportunity. Situated on a substantial 1.7-acre lot (77,101.2 sq ft) zoned C2 within Fredericksburg city limits, this multi-use building boasts a total of over 22,000 square feet of space. The property features approximately 15,575 square feet on the ground floor and an additional approximately 6,450 square feet upstairs. Currently housing a diverse range of businesses including a Mexican restaurant, Mexican grocery store, hair salon, landscaping company, automotive repair shop, and sports bar, this property offers significant income potential. Ample parking is provided by a carport/storage shed with 16 spaces and a detached garage with 6 spaces and additional storage. The property's prime location on Highway St., near Highway 87 S, ensures high visibility and accessibility. The large lot offers potential for future development and expansion, providing further opportunities to enhance the property's value and income stream. This is a rare chance to acquire a substantial commercial property in a thriving Texas Hill Country town.

Highlights

  • Exceptional 22,000+ SF multi-use building on a 1.7-acre lot in Fredericksburg, TX.
  • Located at 515 E Highway St., zoned C2, offering high visibility and accessibility.
  • Features approximately 15,575 SF of ground floor space and 6,450 SF upstairs, currently housing multiple businesses.
  • Ample parking with a 16-space carport/storage shed and a 6-space detached garage.
  • Significant income potential with opportunity for future development and expansion.

Property Details for 515 Highway St

Property type
Specialty properties, Land
Square Feet
22,000 SF

Location Insight

City
Fredericksburg
County
Gillespie
State
Texas
Latitude
30.2615719
Longitude
-98.8697897

FAQs

What type of property is this?
Specialty property - High-traffic location, multi-use building, 22,000 sq ft
Where is the specialty property located?
The property is located at 515 Highway St Fredericksburg, TX.
What is the asking price?
The asking price for this property is $2,850,000.
What are key features of this property?
This property features: Exceptional 22,000+ SF multi-use building on a 1.7-acre lot in Fredericksburg, TX.; Located at 515 E Highway St., zoned C2, offering high visibility and accessibility.; Features approximately 15,575 SF of ground floor space and 6,450 SF upstairs, currently housing multiple businesses.
How can I contact the broker?
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515 Highway St
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