905 Main StFredericksburg, TX 78624

  • Commercial real estate
  • 4,805 SF
For Sale
$5,288,000 View listing

Property Details for 905 Main St

Lot size
0.43 AC
Property size (Sq ft)
4,805 SF
Property type
Commercial real estate
APN
30994
APU
30994

Description

This exceptional investment opportunity presents a prime commercial property located at 905-913 E Main St, Fredericksburg, TX 78624. The property encompasses a 0.7288-acre lot (31,746.528 sq ft) zoned C-2, offering high visibility with frontage on both Main and Franklin Streets. Currently featuring a mix of established tenants, including the Jypsy Sisters retail store (formerly the Deluxe Cafe), this property boasts a rich commercial history with previous occupants such as Stehling Brothers Dry Cleaning and 1st Class Reservation Service. The property offers approximately 7,521 square feet of leasable space with 4-5 year NNN leases in place, ensuring a steady cash flow. Ample parking is available for tenants and customers. The asking price is $5,288,000, and owner financing may be available to qualified buyers. Detailed financial information is available upon request with a signed Non-Disclosure Agreement. This is a rare opportunity to acquire a significant commercial property in the heart of historic Fredericksburg. The property's location and existing tenant base make it an attractive investment for discerning buyers seeking strong returns in a thriving Texas market.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,148,007
    Hospitality
    $1,051,569
    Educational
    $874,893
    Medical
    $904,982
    Retail
    $1,360,944

Location Insight

City
Fredericksburg
County
Gillespie
State
Texas
Latitude
30.2654
Longitude
-98.8591
CBSA code
23240
CBSA name
FREDERICKSBURG, TX MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$7,656
$368,060
$256,870
$624,930
-
$368,060
$256,870
$624,930

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