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31311429
31311430

702 S Washington St, Fredericksburg, TX 78624 For Sale

Reata Ranch Realty, LLC
Listed by Reata Ranch Realty, LLC
$2,850,000
117 days on market
Updated 116 days ago

702 S Washington

Details
Property Type Mixed Use
Sub Type development
Square Footage 11,700
Units 3
Price per SqFt $244
Broker Co-Op Yes
Year Built 1970
Buildings 3
Stories 1
Acreage 1.950
Zoning C-2
Investment Type Redevelopment
Ownership Tu & Nguy?n Investments LLC

Mixed Use | 11,700 SqFt

Marketing 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 and Listing Broker make no representation of the current buildings. 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.

Investment highlights

Highway frontage, high traffic county, corner property,

Listing Contacts

Reata Ranch Realty, LLC
Listed by Reata Ranch Realty, LLC

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Additional Information

Name
Michele "Mitch" Smith
License
Tx9002241
Brokerage
Reata Ranch Realty
Brokerage Phone
830-992-3045
Title
Real Estate Broker
Brokerage Address
408 Llano Street
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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