$1,750,000
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8,050 SqFt
SOLD DATE : 12/06/2024
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
Square Footage 8,050 sqft
Price per Sqft $273
MLS Listing ID 4030993
Sold Date 12/06/24
Originating Board actris
Year Built 1992
Tax Year 2024
Lot Size 2.460 Acres
Property Description
9% cap rate on an exceptional investment opportunity on the Texas 290 Wine Trail. This prime investment property in Stonewall, TX consists of the land, buildings, a leased food truck, and three NNN tenant leases in place. The location benefits from significant visibility and consistent traffic for those traveling the 290 wine trail and also has a local following as well. With three successful tenants in place, this property is a self-sustaining income generator. Whether you are looking to expand your investment portfolio or seeking a lucrative business venture, this property delivers exceptional potential and profitability.
Location
State TX
County Gillespie
Interior
Heating Electric
Cooling Central Air
Flooring Concrete
Fireplace N
Exterior
Utilities Available Electricity Connected, Sewer Connected, Water Connected
Accessibility None
Total Parking Spaces 55
Building
Sewer Aerobic Septic
Water Public
Structure Type Board & Batten Siding,Metal Siding,Stone
New Construction No
Others
Restrictions See Remarks
Acceptable Financing Cash, Conventional
Tax Rate 1.37
Listing Terms Cash, Conventional
Special Listing Condition Standard
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Bought with Non Member
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