$2,200,000
Fredericksburg, TX 78624
Description
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.
Key Features
- Property Type
- Acres Acres
- Zoning
- Utilities CTEC Electric on Property
- Improvements House,Storage Building
- Minerals Call for more info
- Water Call for more info
Property Map
Listing #92530 Courtesy of Portfolio Real Estate - KW.
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