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$2,850,000
76 Days On Site

702 S Washington Highway
Fredericksburg, TX 78624

For Sale|Mixed Use|Active
0
Beds
0
Total Baths
11,700
SqFt
$244
/SqFt
1992
Built
Subdivision:
G E Co #50
County:
Gillespie
Call Now: 830.330.0015
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830.330.0015
702 S Washington Highway702 S Washington Highway702 S Washington Highway702 S Washington Highway
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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.

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Listing Snapshot
Price 
$2,850,000
Days On Site 
76 Days
Bedrooms 
N/A
Inside Area (SqFt) 
11,700 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
1.951 Acres
Year Built 
1992
MLS® Number 
5684016
Status 
Active
Property Tax 
$16,677.52
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
3 months agoListing first seen on site
3 months agoListing updated with changes from the MLS®
General Features
Acres 
1.951
Additional Property Use 
CommercialInvestment
Building Features 
See Remarks
Disclosures 
See Remarks
Foundation 
Slab
Parking 
See Remarks
Property Sub Type 
Mixed Use
Security 
See Remarks
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Total 
11700
Utilities 
Electricity AvailableWater Connected
Water Source 
Public
Zoning 
C-2
Interior Features
Flooring 
See Remarks
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Exterior Features
Construction Details 
See Remarks
Other Structures 
See Remarks
Community Features
Financing Terms Available 
CashConventional
Horse Allowed 
Yes
MLS Area 
GP
Roads 
Gravel
Listing courtesy of Reata Ranch Realty, LLC [email protected]


All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings courtesy of ACTRIS as distributed by MLS GRID. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein "AS IS" and without any warranty, express or implied.
Last checked - 2026-06-10 07:53 AM CDT

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Neighborhood & Commute
Source: Walkscore
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