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112 N Orange St 3,500 SF 100% Leased Retail Building Fredericksburg, TX 78624 $1,700,000 ($485.71/SF) 5.50% Cap Rate
Investment Highlights
- One block from Main Street Fredericksburg, TX
- Offers the perfect blend of visibility and accessibility for a thriving business
- High foot traffic
- Turnkey property with an established tenant
Executive Summary
Discover this exceptional commercial property just one block from bustling Main Street. The prime location offers the perfect blend of visibility and accessibility for a thriving business. Spacious 3,500 square feet of versatile retail space constructed of sturdy brick with durable metal roof. The building is currently leased as a resale and consignment shop. Its proximity to Main Street ensures a steady flow of both local and tourist foot traffic, making it an ideal location for various retail concepts, galleries, or specialty shops. Fredericksburg's reputation as a popular tourist destination, known for its German heritage, wineries, and unique shopping experiences, further enhances the value of this commercial investment. Don't miss this opportunity to own a piece of prime real estate in one of Texas' most cherished small towns. Perfect for investors looking for a turnkey property with an established tenant or entrepreneurs ready to bring their retail vision to life in a high-traffic area. Schedule your viewing today and step into the world of profitable Fredericksburg real estate.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
3,500 SF
Building Class
C
Year Built
2004
Price
$1,700,000
Price Per SF
$485.71
Cap Rate
5.50%
NOI
$93,500
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.57
Lot Size
0.14 AC
Zoning
CBD - Central Business District
Nearby Major Retailers
Property Taxes
| Parcel Number | 25585 | Improvements Assessment | $279,190 |
| Land Assessment | $219,300 | Total Assessment | $498,490 |
Property Taxes
Parcel Number
25585
Land Assessment
$219,300
Improvements Assessment
$279,190
Total Assessment
$498,490
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Presented by
JBGoodwin REALTORS
112 N Orange St
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