Description
MULTI-USE COMMERCIAL OPPORTUNITY on the edge of beautiful Bandera, Texas. Income Producing Property, Owner-Occupy or Redevelopment Potential. Two tracts consisting of +/- 1.3 acres and over 200' of State Highway 16 Frontage. Tract 1 (Legal Description: THETFORD 1 LT 2-3 5-6 0.704 ACRES): Solid 1960s Home with basement and huge 3 car Garage/Workshop could be perfect location for variety of businesses, Residential Rental or leased separately to maximize income. Tract 2 (Legal Description: THETFORD 1 BLK 1 LT 1A 0.34 ACRES *HWC0225220*): Occupied Mobile Home with solid renters producing current income (DO NOT ENTER PROPERTY/DISTURB TENANTS). Less than a mile to downtown, this property has huge upside as evidenced by new commercial neighbors. Perfect chance to acquire an affordably priced asset that will continue to appreciate in value as Bandera's growth accelerates all while enjoying cash flow from existing improvements. Two wells on the property / Two septic systems / Level Building Site and UNRESTRICTED. Possibilities for Retail, Multi-Family, or Professional/General Office Space. Inquire with Listing Agent regarding Leasing Options.
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0BEDS
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1.3ACRES
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0BATHS
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01/2 BATHS
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2,331SQFT
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$148$/SQFT
Description
MULTI-USE COMMERCIAL OPPORTUNITY on the edge of beautiful Bandera, Texas. Income Producing Property, Owner-Occupy or Redevelopment Potential. Two tracts consisting of +/- 1.3 acres and over 200' of State Highway 16 Frontage. Tract 1 (Legal Description: THETFORD 1 LT 2-3 5-6 0.704 ACRES): Solid 1960s Home with basement and huge 3 car Garage/Workshop could be perfect location for variety of businesses, Residential Rental or leased separately to maximize income. Tract 2 (Legal Description: THETFORD 1 BLK 1 LT 1A 0.34 ACRES *HWC0225220*): Occupied Mobile Home with solid renters producing current income (DO NOT ENTER PROPERTY/DISTURB TENANTS). Less than a mile to downtown, this property has huge upside as evidenced by new commercial neighbors. Perfect chance to acquire an affordably priced asset that will continue to appreciate in value as Bandera's growth accelerates all while enjoying cash flow from existing improvements. Two wells on the property / Two septic systems / Level Building Site and UNRESTRICTED. Possibilities for Retail, Multi-Family, or Professional/General Office Space. Inquire with Listing Agent regarding Leasing Options.
© 2021 Kerrville Board of REALTORS®. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Glover Homes & Land Group at Keller Williams Heritage. Data last updated 2021-03-08T12:46:30.86.