A business owner in Austin, Texas, was charged with at least two felonies after he allegedly set a building on fire last week.

Dorsey Bryan Hardeman, 75, is accused of felony-level burglary and arson, according to FOX 7 Austin.

Authorities told FOX 7 that a surveillance camera had filmed a male suspect entering an abandoned building on Feb. 25. He was carrying a container of gasoline when he entered the property, which had once housed a bike shop.

According to police, the suspect poured gasoline and lit matches in the store. He then exited the store and left in a Mercedes-Benz.

The arson took place in a building that formerly housed a bike shop. (FOX 7 Austin)

According to FOX 7, Hardeman is a “prominent” businessman and owns an automotive group that owns several car dealerships in the Lone Star State – including a Mercedes-Benz dealership.

Austin Police Department says a suspect was seen going into a former bike shop location before setting the building on fire. (FOX 7 Austin)

Fox News Digital reached out to the Austin Police Department for more information.