320 W Main St
Fredericksburg, TX, 78624 $ 2,995,000
Bedrooms-- Baths-- Sq 3,798 for $2,995,000. This 3,798 square foot property was built in 1895 on a lot size of 0.48.
A rare opportunity to own a piece of Fredericksburg’s history along iconic Main Street, The Itz Inn is a circa-1895 limestone landmark offering approximately 3,798 SF. Currently operating as a hospitality property, it features four guest suites with private ensuite baths, additional commercial space, and four grandfathered lodging permits. Set across 0.48± acres, the property also offers something increasingly valuable downtown—substantial outdoor space, including a large rear yard, courtyard areas, and rear parking. Historic limestone and pioneer stone construction, exposed stone interiors, high ceilings, wood floors, and original architectural details preserve the distinctive character of the property. An expansive second-story covered gallery porch overlooking Main Street creates a memorable setting for guests, while the courtyards, mature trees, and historic cellar add another dimension to the property. Additional commercial space provides flexibility for a tasting room, retail concept, gallery, office, or expansion of the existing hospitality use. Positioned within walking distance of Fredericksburg’s restaurants, wineries, shops, galleries, and attractions, The Itz Inn brings together established lodging, commercial versatility, generous grounds, and a premier Main Street location. Whether continued as a boutique hospitality property or reimagined as a distinctive mixed-use destination, this landmark presents a compelling opportunity to acquire a substantial downtown property with character, flexibility, and multiple avenues for future use.
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FeaturesGeneralHeating Central Electric
Cooling Ceiling Fan(s) Central Air Electric
Utilities Electricity Connected Sewer Connected Water Connected
Zoning CBD with a Historic Over
Construction Materials See Remarks Stone
Year Built 1895
View Downtown
Topography Level
Property Subtype See Remarks
Tax Year 2026
Current Use See Remarks
County Gillespie
Net Operating Income 80373.89
Operating Expense 22038
New Construction N
Property Type Commercial Sale
Energy Efficient Insulation
Subdivision Name Fbg Add
Building Features See Remarks Living Area Open Space Private Restrooms Storage Area(s) Washer/Dryer Connections
Other Structures See Remarks Storage
Status Active
Directions From Fredericksburg downtown travel on W Main St. for about 0.3 miles; the property will be on the right next to Hondo’s.
City Fredericksburg
Disclosures See Remarks
MLS Area GP
Lot Size Square Feet 20908.8
Tax Annual Amount 28825.15
Property Condition Historic Design
Additional Parcels Y/N N
Leasable Area 3798
Virtual Tour https://www.propertypanorama.com/instaview/aus/4854285
Lease Type None
Standard Status Active
Year Built Source Public Records
Tax Assessed Value 2262384
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ExteriorParking Features Gravel Open Private
Total Parking 20
Foundation Details Pillar/Post/Pier Slab
Number of Buildings 2
Building Area Total 3798
Lot Size Acres 0.48
Lot Size Source Public Records
Waterfront Y/N N
Other Equipment None
Horse Y/N N
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InteriorTotal Stories 2
Total Bedrooms 0
Total Baths 0
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* Excluded FeaturesList ByFredericksburg RealtyBroker
justin@fredericksburgrealty.comEmail
NearbyAbout Fredericksburg, TX 11,374 Population
24% Since 2002
$ 56,302 Median Income
46.17 Median Age
22% Households with Children
Trends Information provided by ATTOM Data Solutions.
3038596 Elementary School
3038443 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 11/3/2026 | $2,995,000 | | Listed Price |