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413 S Washington St
Fredericksburg, TX 78624
Retail Property For Sale

Investment Highlights

  • A Fredericksburg tradition of Family Dining for over 60 years - current owner ready to retire after 40 years;
  • Walking distance to the Main ST. shopping district;
  • Yearly income of 1 million plus;
  • Located on 1.04 acres, 6473 SF with 100 parking spaces in a neighborhood of fine hotels;
  • Long term friendly employees, very loyal clientele, expert management with option to extend hours of operation to full time;
  • Don't miss this great business and investment opportunity! Owner may consider some owner financing.

Property Facts

Property Type
Retail
Property Subtype
Restaurant
Building Size
6,473 SF
Building Class
C
Year Built
1960
Tenancy
Single
Building Height
1 Story
Building FAR
0.14
Lot Size
1.04 AC
Zoning
C2
Frontage
290’ on Washington

About 413 S WASHINGTON ST , FREDERICKSBURG, TX 78624

What an Opportunity to own prime property or do a long term lease in Fredericksburg, TX of over an acre, just a few blocks to Main ST. This 6473 Square Foot space is also a great prospect for many flexible types of facilities such as: strip malls, office spaces medical offices, communication offices, wine related industry and educational campuses in a central location in Fredericksburg close to all Hill Country Tourist Destination of Fredericksburg. Don't miss this investment opportunity. Owner may consider some owner financing. History: Andy's Grille is a Fredericksburg, TX staple where all the locals have been dining for 60+ years. The current owner is ready to retire after 40 years. It is located about 4 blocks from the Main St. shopping district. The 1.04 acres give access to parking spaces for 100 vehicles. Inside the building has been well maintained and pride of ownership is very evident. This includes recent remodeling and painting in 2019. There is also large exterior barbecue smoking equipment. The 6473 SF interior has a seating capacity of 232. Friendly, long term employees, steady clientele and excellent management offer a great ding experience. A new owner has lots of flexibility with room for expansion of facility and hours of operation to work full time. Financials are available with a signed NDA and letter of qualification. Don't let this opportunity slip away!

Property Taxes

Property Taxes

Parcel Number
1262
Land Assessment
$527,740
Improvements Assessment
$1,218,010
Total Assessment
$1,745,750
  • Listing ID: 18918119

  • Date on Market: 3/19/2020

  • Last Updated:

  • Address: 413 S Washington St, Fredericksburg, TX 78624

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