402 S Adams St Circa 1882 (per GCAD), this historically significant Basse block structure-once a residence-offers exceptional commercial potential under current C-1 zoning. Positioned prominently on one of Fredericksburg's major thoroughfares, just four blocks from the vibrant shops and restaurants of historic Main Street, this property blends character with opportunity. The building features a distinctive wrap-around porch and sits on approximately 0.944 acres (per recent survey by Seller). A reciprocating driveway agreement with the southern neighbor provides shared access. Nestled on the upper bank, the structure overlooks and terraces gracefully down to Barons Creek, offering a scenic backdrop that enhances its potential as a future office, retail, or hospitality space. Restoration will be required, but the building's heritage and setting make it a truly unique redevelopment opportunity in one of Texas Hill Country's most beloved towns.