$1,895,000
8634 E Us Highway 290, Fredericksburg, TX
11.00
Acres
Looking for an apartment building or mixed use development with immediate cash flow? This mixed use property, located on 11 acres with Wine Road frontage in Fredericksburg offers 15 small apartments and cabin rentals that stay rented w/ very low vacancy rate, flea market, antique shop, & onsite storage building. This property offers space to build more or start another business venture. Unrestricted. Excellent cap rate. Cannot subdivide.Restrictions: Yes
Facts & Features
| ListingFeed | abor_vow |
|---|---|
| MLS® # | 4411312 |
| List Price | $1,895,000 |
| Sale Price | $2,000,000 |
| Sale Date | September 27th, 2022 |
| Bathrooms | 0.00 |
| Acres | 11.00 |
| Year Built | 2007 |
| Type | Commercial Sale |
| Sub-Type | Retail |
| Status | Closed |
Community Information
| Address | 8634 E Us Highway 290 |
|---|---|
| Subdivision | Gillespie County |
| City | Fredericksburg |
| County | Gillespie |
| State | TX |
| Zip Code | 78624 |
Amenities
| Utilities | Electricity Available |
|---|---|
| Features | None |
| Parking | On Site |
| View | None |
| Is Waterfront | No |
| Waterfront | None |
| Has Pool | No |
Interior
| Interior | Concrete, Wood |
|---|---|
| Heating | See Remarks |
| Cooling | See Remarks |
| Fireplace | No |
Exterior
| Lot Description | Level |
|---|---|
| Roof | Metal |
| Construction | Metal Siding, Wood Siding |
| Foundation | Pillar/Post/Pier, Slab |
Additional Information
| Foreclosure | No |
|---|---|
| Short Sale | No |
| RE / Bank Owned | No |