Redevelopment Hotel and Restaurant
For Sale
$8,000,000
803 E Main St, Fredericksburg, TX 78624
Commercial Sale, Fredericksburg, TX
Property SizeContact for details
Lot Size2.58 Acres
Days on Market47
Property Features for 803 E Main St
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
C-2
Subdivision
South Heights
Elementary school district
Fredericksburg
Middle school district
Fredericksburg
High school district
Fredericksburg
Standard status
Active
Lot size
2.58 Acres
Taxes and HOA fees
Tax Annual Amount
64107
Listing Agency:
Pipkin Investments
(512) 844-7269
Listed By:
Matthew Pipkin
(512) 844-7269
Added: Jul 9
Changed: Aug 19
Last Checked: Aug 24 at 1:06AM
MLS# 104947
Copyright © 2026 Central Hill Country Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This C-2 redevelopment site on Main Street in Fredericksburg, TX totals 2.578 acres and includes the former Azure Hills Inn and Navajo Grill. The inn is described as 28 rooms, with space noted for additional keys. Navajo Grill is described as a 6,766 sf restaurant and retail complex, providing both dining and retail components within the assemblage.
The property is positioned between the 290 Wine Corridor and the historic downtown area of Fredericksburg. Public remarks also note that Gillespie County receives approximately 2.1 million tourists annually, supporting the area’s visitor and culinary/tourism focus.
For buyers, developers, and operators, the combination of lodging capacity and a restaurant/retail offering can support a hospitality-driven redevelopment plan, whether aimed at reconfiguring the inn layout or aligning the on-site dining and retail space with a broader guest experience. The on-site mix also offers flexibility for concepts that seek to serve both visitors and locals using a single, consolidated site.
The property is positioned between the 290 Wine Corridor and the historic downtown area of Fredericksburg. Public remarks also note that Gillespie County receives approximately 2.1 million tourists annually, supporting the area’s visitor and culinary/tourism focus.
For buyers, developers, and operators, the combination of lodging capacity and a restaurant/retail offering can support a hospitality-driven redevelopment plan, whether aimed at reconfiguring the inn layout or aligning the on-site dining and retail space with a broader guest experience. The on-site mix also offers flexibility for concepts that seek to serve both visitors and locals using a single, consolidated site.
Key Highlights
- 2.578‑acre redevelopment site on Main Street in Fredericksburg, TX
- Former Azure Hills Inn with 28 rooms, plus space for additional keys
- Navajo Grill 6,766 SF restaurant and retail complex
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
506
Businesses Nearby
Explore this area
Business Placement
Demographics for 78624, TX
23,080
Population
12,421
Households
1.9
Avg Household Size
52
Median Age
37%
College-Educated
89%
High-School Grad
742.3 sq mi
ZIP Area
31
Density / Sq Mi
$67,987
Median Household Income
$37,047
Median Earnings
$1,347
Median Rent
$439,600
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Hotel - C-2 Main Street redevelopment site with a former inn and an operating restaurant/retail complex for hospitality and dining concepts.
Where is this hotel located?
The property is located at 803 E Main St Fredericksburg, TX.
What is the asking price?
The asking price for this property is $8,000,000.
What are key features of this property?
This property features: 2.578‑acre redevelopment site on Main Street in Fredericksburg, TX; Former Azure Hills Inn with 28 rooms, plus space for additional keys; Navajo Grill 6,766 SF restaurant and retail complex
