408-410 W Main St, Fredericksburg, TX 78624
Local realty services provided by:Better Homes and Gardens Real Estate Winans
Listed by: dwight oestreich
Office: century 21 the hills realty
MLS#:99002
Source:TX_GCBOR
Price summary
- Price:$5,995,000
- Price per sq. ft.:$869.6
About this home
Rare opportunity to acquire a two-suite mixed-use commercial property just off Fredericksburg's Main Street core. The asset totals approximately 6,894 SF of rentable space on 0.46 acres and includes ~13,000 SF of paved on-site parking, a key differentiator within the historic district. The property is currently leased under short-to-medium-term arrangements generating approximately $103,000 in annual gross income, reflecting a conservative in-place baseline rather than a fully stabilized case. Upside is driven by lease duration, tenant mix, and hospitality-oriented or experiential uses common to Fredericksburg's tourism-driven market. Comparable Main Street assets have traded at mid single-digit cap rates when stabilized, reflecting scarcity, location quality, and brand-driven demand. The offering blends historic limestone character with flexible layouts suitable for retail, tasting room, hospitality, or destination-oriented concepts. Financial and leasing details available upon request....
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Home facts
- Listing ID #:99002
- Added:240 day(s) ago
- Updated:June 25, 2026 at 04:37 PM
Rooms and interior
- Bedrooms:5
- Total bathrooms:4
- Full bathrooms:1
- Half bathrooms:3
- Living area:6,894 sq. ft.
Structure and exterior
- Roof:Metal
- Building area:6,894 sq. ft.
- Lot area:0.45 Acres
- Architectural Style:Historical
- Construction Materials:Historic Rock
- Levels:1 Story
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$5,995,000
- Price per sq. ft.:$869.6
- Tax amount:$32,740
Features and amenities
- Amenities:High Ceilings, Storage
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