515 E Highway St
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515 E Highway St
22,025 SF 100% Leased Industrial Building Fredericksburg, TX 78624 $2,850,000 ($129/SF)
Executive Summary
Multi-use commercial building on 1.7 acres zoned C2 in the Fredericksburg city limits on the busy Highway St near HWY 87 S. Approximately 15,575 SQ FT downstairs + approximately 6,450 SQ FT upstairs for a total of over 22,000 SQ FT. Carport/storage shed with 16 spaces and also a detached garage with 6 spaces and storage. Opportunity for additional development and parking on this large lot with plenty of open space available. The current use includes a Mexican restaurant, Mexican grocery store, hair salon, landscape company, automotive repair shop, and sports bar. There is also an adjoining vacant commercial lot for sale.
Property Facts
| Price | $2,850,000 | Rentable Building Area | 22,025 SF |
| Price Per SF | $129 | No. Stories | 2 |
| Sale Type | Investment | Year Built | 1974 |
| Property Type | Industrial | Parking Ratio | 1.41/1,000 SF |
| Property Subtype | Showroom | No. Dock-High Doors/Loading | 1 |
| Building Class | C | No. Drive In / Grade-Level Doors | 3 |
| Lot Size | 1.78 AC | Cross Streets | Mustang St |
| Price | $2,850,000 |
| Price Per SF | $129 |
| Sale Type | Investment |
| Property Type | Industrial |
| Property Subtype | Showroom |
| Building Class | C |
| Lot Size | 1.78 AC |
| Rentable Building Area | 22,025 SF |
| No. Stories | 2 |
| Year Built | 1974 |
| Parking Ratio | 1.41/1,000 SF |
| No. Dock-High Doors/Loading | 1 |
| No. Drive In / Grade-Level Doors | 3 |
| Cross Streets | Mustang St |
Amenities
- Signage
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PROPERTY TAXES
| Parcel Number | 86496 | Improvements Assessment | $689,240 |
| Land Assessment | $505,510 | Total Assessment | $1,194,750 |
PROPERTY TAXES
Parcel Number
86496
Land Assessment
$505,510
Improvements Assessment
$689,240
Total Assessment
$1,194,750
zoning
| Zoning Code | C2 |
| C2 |
-
Adam Carroll -
Century 21 The Hills Realty
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515 E Highway St
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