411 E Main St
Fredericksburg, TX 78624

Really cute 1930's victorian, farmhouse style cottage makes a great retail location on Fredericksburg's bustling east end of Main St. Would also make a great office as there is ample space for parking in back. Due to the double deep lot (400 ft.) a developer could add more retail spaces or wine tasting rooms or multiple B&Bs / vacation rental cottages in back and guests could walk to all their favorite Main St. shops, restaurants and tasting rooms. Opportunities to own something on Fredericksburg's Main St. in a great block like this for under $1,000,000 are increasingly rare. Current owner has been renting it out to the same person for years at a very low rate of $1800 per month whereas the property is probably worth $2500-3000 per month. However the real value opportunity is in adding additional buildings in back.