702 S Washington Highway, Fredericksburg, TX 78624

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.

At 702 S Washington Highway in Fredericksburg, this 1.951-acre commercial property commands one of the most traveled corridors in the Texas Hill Country, with State Highway 87 delivering 7,000 to 10,000 vehicles daily past your front door. The site sits in Gillespie County at the intersection of tourism and year-round commerce, where Fredericksburg's wine economy and hospitality infrastructure create consistent demand across retail, lodging, and service sectors.

The location's strategic positioning along Highway 87, with direct connectivity to U.S. Highway 290, places you minutes from Fredericksburg's historic Main Street while maintaining separation from downtown congestion. Nearby Highway Street adds secondary traffic patterns of 2,000 to 7,000 daily vehicles, reinforcing the accessibility that drives both local commerce and tourism spending. This convergence of established residential neighborhoods and visitor-oriented businesses creates a rare commercial environment where seasonal tourism amplifies baseline local demand.

The property was built in 1992 and is offered as-is, with partially approved strip center plans conveying to the buyer. This flexibility allows for multiple development paths without the constraints of ground-up construction timelines. The approximately 7,000 to 10,000 daily traffic count on S Washington Highway provides visibility that most commercial operators spend years and significant capital to achieve through marketing. You start with market exposure already embedded in the location itself.

Fredericksburg's economy runs on distinct advantages: the Hill Country wine region attracts consistent regional and destination travelers, hospitality properties maintain occupancy rates that support ancillary retail and service businesses, and population growth in the greater Austin and San Antonio corridor continues directing investment toward secondary markets with established character. The mix of lodging properties, restaurants, and local services surrounding this site creates a customer base that includes both commuters and visitors seeking convenience.

At this price point and scale, this represents a position in one of Texas's strongest small-market commercial environments, where accessibility and foot traffic have already been validated by seven-figure daily vehicle exposure. The next owner enters with infrastructure and visibility already in place, allowing immediate focus on operational execution rather than market testing.