Premier commercial development opportunity! Positioned just off East Main Street in Fredericksburg, this 2.52 acre C-2 commercial tract combines prominent visibility along E Main St./US Highway 290, access from E San Antonio St., and frontage along Barons Creek. The property offers a large, open and remarkably level development area supported by substantial site improvements already in place. A major feature of the property is its extensive engineered retaining-wall system along the creek-side perimeter, creating a defined transition between the elevated development area and Barons Creek below. Significant previous site preparation and engineering include grading, drainage and retaining-wall construction, providing valuable groundwork for a future owner evaluating development. Rather than beginning with a completely unimproved tract, the site offers the benefit of substantial existing improvements and a broad, level area well-positioned for future development. C-2 zoning provides flexibility for potential hospitality, restaurant, retail, professional or medical office, multifamily residential and other commercial uses, subject to applicable City requirements and approvals. Portions of the property are within the floodplain and subject to existing easements. With its level usable acreage, substantial previous site work, commercial zoning, E Main St visibility and the distinctive character of Barons Creek frontage, the property presents a unique development opportunity in Fredericksburg.