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$ 1,750,000
Est. payment | /mo
2.5 Acres Lot
$ 1,750,000
Est. payment | /mo
2.5 Acres Lot
Key Details
Property Type Commercial
Sub Type Retail,Restaurant
Listing Status Contingent
Purchase Type For Sale
Approx. Sqft 8000-8999
Subdivision N/A, Not In Sub
MLS Listing ID 91112
Annual Tax Amount $20,900
Lot Size 2.500 Acres
Acres 2.5
Property Description
Invest in a premium commercial property located on the Texas 290 Wine Trail, boasting a 9% cap rate and over 8,000 sq ft of building space on 2.5 acres. The sale includes land, buildings, a leased food truck, and three NNN tenant leases. This high-traffic corner location offers exceptional visibility and draws a significant local and tourist crowd. Recently renovated (2022-2023) with a new commercial septic system, this property ensures modern standards and reliability. Tenants, all geared towards the restaurant and tourist industry, are securely in place, making this a solid investment with a 9% cap rate. Seize this self-sufficient investment opportunity today!
Location
State TX
County Gillespie
Zoning None
Direction S
Interior
Heating Central Electric A/C, Central Electric Heat
Heat Source Central Electric A/C, Central Electric Heat
Exterior
Utilities Available Water Connected, Sewer Connected, Septic System on Property, CTEC/Electric
Roof Type Metal
Topography Level
Accessibility US Highway, State Farm/Ranch Road
Building
Foundation Slab
Others
SqFt Source Owner
Listed by Kuper Sotheby's Int'l Realty - Boerne
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