Remarks

PRIME INVESTMENT OPPORTUNITY situated on the edge of town, just beyond the bustling downtown of Fredericksburg, this expansive 3.5-acre property presents a compelling blend of income-generating assets and promising development opportunities. The property currently includes: - 66 (10x10) Storage Units: These units offer a reliable source of rental income and cater to the high demand for storage solutions in the area. - Residential House: Currently occupied by a long-term tenant, providing stability in rental income or potential for housing prospects under a new owner. - Storefront: Adaptable for diverse retail or commercial uses, contributing to the property's versatile income potential. The property boasts a strategic location that provides convenient access to city amenities while offering the freedom of a more spacious, suburban setting. Capitalizing on the availability of city sewer services and ample room for expansion this is a prime investment opportunity for those seeking to optimize returns through residential development, commercial endeavors, or a harmonious blend of both.

Details

MLS#: 92454
Price: $2,200,000

Style: Commercial Sale
Sq Ft: Office Under 2500 SqFt

County: Gillespie
Subdivision: N/A
Tax Fee: 11469.00

School District: Fredericksburg