See all 22 photos
22 photos
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$834,900
Est. payment /mo
10,560 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial Improved Prop
Listing Status Active
Purchase Type For Sale
Square Footage 10,560 sqft
Price per Sqft $79
MLS Listing ID 1958655
Construction Status Other
Year Built 1995
Annual Tax Amount $4,998
Lot Size 1.450 Acres
Property Sub-Type Commercial Improved Prop
Property Description
{This is a part of a four-tract portfolio offering a strategic blend of immediate income, operational flexibility, and long-term upside} Income-Producing Storage Facility Opportunity | Fredericksburg, TX Located along the growing HWY 16 corridor (1.5 miles from Main St) - here is a rare opportunity to acquire a 97-unit storage facility situated on approximately 1.45 acres, with over 10,560 square feet of rentable space. {Interactive map available} This established property is currently generating income and has been held as a low-management, family-operated asset, resulting in a unique opportunity for a new owner to step in and maximize operational efficiency, increase occupancy, and drive revenue growth. Investment Highlights: * 97 Storage Units across 10,560 SF * 1.45 Acres with room for operational improvements or potential expansion (buyer to verify) * Existing Income Stream with in-place tenants * On-Site Well supporting property operations * High-Demand Location with continued residential and commercial growth in Fredericksburg * Located in the ETJ with sewer connected Value-Add Potential: Currently operated with a hands-off approach - A more engaged ownership could unlock significant upside through: * Increased marketing and visibility * Rent adjustments to market rates * Implementation of online leasing and management systems * Operational streamlining and expense optimization Fredericksburg's continued growth, paired with strong demand for storage, positions this asset as both a stable income producer and a strategic value-add investment.
Location
State TX
County Gillespie
Area 3100
Zoning NONE
Direction N
Exterior
Garage Spaces 45.0
Utilities Available Electricity, Water, Sewer
Roof Type Metal
Building
Construction Status Other
Schools
School District Fredericksburg
Others
Acceptable Financing Sale Only, Cash, Conventional
Listing Terms Sale Only, Cash, Conventional
Virtual Tour https://yes
Read Less Info
Listed by Danielle Staudt • Century 21 The Hills Realty • (512) 983-3580
Schools and Properties Nearby
Learn More About LPT Realty