1946 State Hwy 16

Bandera, TX 78003

About this property

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.

Date Added
September 11, 2020
Listing Status
Active
Days On Site
43
MLS#
102233

Features and Additional Information

Lot Size
0 SqFt
Acreage
0.00
Property Type
Commercial
Style
IQWeb_
Sub-Type
Resale
Year
Garage
0
Pool
No
Story(s)
1
Property View
No
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$345,000 Active
0 Beds
0
Baths
2,331 SQFT

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Area Information

81-Bandera County | Bandera County |

$ 345,000
This listing is play_arrow 61.7% lower than the average in the area
$ 900,000 in the area
0 SqFt
This listing is play_arrow 0% larger than the average in the area
0 SqFt in the area
$ 0 $/SqFt
This listing is play_arrow 0% less than the average in the area
$ 0 $/SqFt in the area
43 days on site
This listing is play_arrow 73.8% below the average in the area
164 days on site in the area

Schools in the Area

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    Elementary School
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    Middle School
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