$1,750,000
42 AND 46 Ranch Road 1623 Stonewall, TX 78671
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$1,750,000
Est. payment /mo
8,000 SqFt
UPDATED:
11/15/2024 05:55 PM
Key Details
Property Type Commercial
Sub Type Commercial Improved Prop
Listing Status Contingent
Purchase Type For Sale
Square Footage 8,000 sqft
Price per Sqft $218
MLS Listing ID 1805562
Construction Status Wood,Stone,Metal
Year Built 1992
Annual Tax Amount $20,903
Property Description
9% CAP RATE ON THE TEXAS WINE TRAIL! 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 in place. 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! Additional units and property are available to purchase to include an additional vacant pad site for future build/expansion as well as another rented structure with a warehouse and office/apartment. Additional site would be per
Location
State TX
County Gillespie
Area 3100
Zoning NONE
Direction S
Exterior
Garage Spaces 55.0
Utilities Available Electricity, Water, Septic
Roof Type Metal
Building
Foundation Slab
Construction Status Wood,Stone,Metal
Schools
School District Fredericksburg
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Listed by Melissa Staudt • Kuper Sotheby's Int'l Realty • (830) 992-8207
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