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408-410 W Main St
Fredericksburg, TX 78624
Asking Price
$6.00M
Asset Type
Creative Office Retail
Class
Class B
What's Special
YOUR NEW OPP @ THE HEART OF HISTORICAL FBG <p>On the iconic Main St corridor - here is your multi-use investment opportunity! </p><p>Located on the West end of the touristy street, these 2 buildings are a stones throw from all the newest restaurants and short walk to the much-anticipated The Muese!</p><p> </p><ul><li>2 Buildings</li><li>Historical Story</li><li>±75' Main St. Frontage</li><li>Suite-Mix</li><li>Multi-use in CBD</li><li>6,894 SF rentable space</li><li>~13,000 SF on-site parking</li></ul><p></p><p> A blend of historic
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NOI
$80,000
Cap Rate
1.33%
DSCR
0.22
Underwater
Cash-on-Cash
-15.34%
Monthly Payment
$29,659.989
Annual Cash Flow
$-275,919.868
