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Investment Highlights

  • Excellent Location in the heart of Downtown Fredericksburg, just 4 blocks from Main Street.
  • Wide variety of uses allowed by M-1 zoning
  • Outstanding land for development - old warehouse adds character and could be incorporated into development plans

Executive Summary

Exceptional commercial opportunity located just four blocks from Fredericksburg’s famed Main Street. Situated on a highly visible corner lot, this 1.02-acre property offers outstanding exposure in one of the city’s revitalizing areas. The site includes multiple existing structures, some featuring old warehouse character and charm, which may provide value to the next owner or serve as an opportunity for redevelopment. The property is centrally located within blocks of several popular restaurants, hotels, and other established businesses, creating strong traffic and visibility. Zoned M-1, the property allows for a wide variety of potential uses including restaurant, professional office, business or administrative office, indoor or outdoor entertainment venues, food sales, and many additional commercial possibilities. With its strategic location, flexible zoning, and sizable land area near Fredericksburg’s thriving downtown corridor, this property presents a rare opportunity for investors, developers, or owner-users seeking to capitalize on continued growth and revitalization in the area.

Property Facts

Price $1,375,000
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Total Lot Size 1.02 AC

1 Lot Available

Lot 49-PT52

Price $1,375,000
Price Per AC $1,348,039.22
Lot Size 1.02 AC
Fairly walkable
50/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 2460
  • 32634
  • 26979
Land Assessment
$650,550
Improvements Assessment
$294,750
Total Assessment
$945,300
  • Listing ID: 40699043

  • Date on Market: 5/28/2026

  • Last Updated:

  • Address: 432 S Lincoln St, Fredericksburg, TX 78624

Contact the Sale Advisor

432 S Lincoln St

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