1946 State Hwy 16
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.
Features and Additional Information
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81-Bandera County | Bandera County |
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