Description
Prime Commercial and Residential Estate on Highway 290! Discover an incredible investment opportunity with this expansive property, strategically located along the bustling Highway 290, right in the heart of the Hill Country wine trail. This impressive estate offers over 20,000 square feet of commercial space, making it a versatile asset for business endeavors. Key Features: Commercial Space: Over 20,000 square feet devoted to a mix of office spaces, showrooms, and storage units ensuring ample room for various business needs. Storage Facilities: The property includes 10 storage units and large metal buildings, providing extensive business solutions. Living Quarters: A spacious 1,400 square-foot apartment offers comfortable living accommodations on-site. Highway Frontage: Approximately 500 feet of Highway 290 frontage, offering excellent visibility and accessibility. Current Leases: With most of the commercial property currently leased, this estate presents a lucrative income opportunity. Location: Situated less than 8 miles from the historic town of Fredericksburg, TX, and providing easy access to Austin (67 miles) and San Antonio (68 miles). Land Use: The estate consists of 4 acres dedicated to commercial purposes, 21.05 acres with agricultural exemption, and 5 acres designated for homesite. Water Supply: An impressive 80 gallons per minute well ensures reliable water access. Additional Amenities: This remarkable property includes additional amenities, such as: Residential Estate: The seller offers the entire property, including a magnificent 4,000 (+/-) square-foot home featuring 4 bedrooms and 3.5 bathrooms. Outdoor Living: Enjoy a luxurious pool with waterfall, outdoor kitchen, bathroom, and cabana, creating a perfect environment for relaxation and entertainment. Garage and Workshop: A 3-car garage with RV storage and a large workshop provide extensive space for vehicles and projects. Guest Accommodations: A charming 1-bedroom, 1-bathroom tiny home is perfect for guests or family members. Recreational Activities: A large stock pond, 550 feet of Pedernales River frontage, and a half-court basketball court, and hunting offers endless outdoor enjoyment. Utilities: A whole-property generator ensures uninterrupted power supply. The property is unrestricted, agriculturally exempt, and income producing, providing flexibility for future development or expansion. This estate offers a unique blend of commercial potential and luxurious living, making it an exceptional opportunity for investors or those seeking a premier lifestyle in the Texas Hill Country. Ask for more details and to schedule a viewing of this extraordinary property.
Address
Open on Google Maps- Address 10034 us highway 290, Fredericks, TX 78624
- City Fredericks
- State/county TX
- Zip/Postal Code 78624
- Area 78624
- Country GILLESPIE
Details
Updated on February 19, 2025 at 4:30 am- Property ID: 1843341
- Price: $10,999,000
- Year Built: 2000
- Property Type: Commercial
- Property Status: ACTIVE
Additional details
- HEATING: Other
- ROOF: Metal
Features
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Listing Agent Details
Agent Name: Sarah Wanek
Agent Company: Reata Ranch Realty
