Pipkin and Company
Listed by Pipkin and Company
$8,000,000
803 E MAIN ST FREDERICKSBURG TX 78624-4816
Details
APN 21366
Property Type Retail, Hospitality
Sub Type Restaurant, Hotel
Square Footage 18,236
Units 3
Tenancy Vacant
Year Built 1950
Stories 2
Acreage 2.580
Zoning C2
Parking Spaces 63 spaces
Parking per 1,000 SqFt 3.45
Investment Type Redevelopment
Ground Lease No
28 room motel & 6,788 restaurant/retail complex
Marketing description
This exciting redevelopment project on Main Street in Fredericksburg, TX is a rare opportunity to capitalize on the Hill Country's vibrant wine, culinary, and tourism scene. The 2.578 acre site includes the former Azure Hills Inn and Navajo Grill and is an unprecedented opportunity to cater to visitors and locals alike. With 2.1 million tourists visiting Gillespie County annually, the potential for dining and accommodation located between the 290 Wine Corridor and the charm of historic downtown is unmatched.
Investment highlights
•28 room motel with space to add additional keys
•6,766 sf restaurant retail/retail complex
•Beautiful pecan tree grove
Listing Contacts
Pipkin and Company
Listed by Pipkin and Company
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