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      702 S Washington Highway, Fredericksburg, TX 78624
      702 S Washington Highway, Fredericksburg, TX 78624
      $2,850,000
      84,985.56sqft
      1.95acres
      Commercial Mixed-use for Sale

      702 S Washington Highway, Fredericksburg, TX 78624

      Listing by: Reata Ranch Realty, LLC
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      Display of MLS Data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals.
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      702 S Washington Highway, Fredericksburg, TX 78624
      702 S Washington Highway, Fredericksburg, TX 78624
      702 S Washington Highway, Fredericksburg, TX 78624
      702 S Washington Highway, Fredericksburg, TX 78624
      702 S Washington Highway, Fredericksburg, TX 78624
      702 S Washington Highway, Fredericksburg, TX 78624
      702 S Washington Highway, Fredericksburg, TX 78624
      702 S Washington Highway, Fredericksburg, TX 78624
      702 S Washington Highway, Fredericksburg, TX 78624
      $2,850,000
      84,985.56sqft
      1.95acres

      702 S Washington Highway, Fredericksburg, TX 78624

      Commercial Mixed-use for Sale by Michele SmithReata Ranch Realty, LLC.

      Data checked -. Listing last updated 32 days ago.
      1. Overview
      2. Details
      3. More 

      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.

      Details
        Property type
      Commercial Sale
        Year built
      1992
        Heating
      None
        Cooling
      None
        Garage
      No
        Parking spots
      -
      5684016
      MLS ID
      Active
      Status
      03-25-2026
      On market date
        Subdivision
      G E Co #50
      Levels  Levels
        Laundry location
        Roof
        Pets allowed
      Lot features
      Patio & Porch Features
      Green Energy Efficient
      None
      Buyer Incentives
      None
      Seller Contributions
      No
      Monthly taxes
      $1,390
      Yearly taxes
      $16,677.52
      Schools
      -
      Association Fee
      -
      Open Houses
      In-Person
      No upcoming in-person open houses
      Virtual
      No upcoming virtual open houses
      Contact Agent
      MS
      Michele Smith
      Managing Broker, Reata Ranch Realty, LLC
      Direct 
       
      Location
      From Main Street in Fredericksburg travel S on Washington/Hwy 87S. Property is on the corner of Hwy 87 and Highway Street
      For Sale Nearby
      No nearby homes are For Sale Nearby.
      702 S Washington Highway, Fredericksburg, TX 78624, is a 1.95 acres, 84985.56 sqft. Mixed Use built in 1992. This property is currently available for sale and was listed on Unlock MLS on 3-25-2026. The MLS# for this Mixed Use is MLS# 5684016.
      Display of MLS Data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals.
      Copyright ©2026 Unlock MLS