About This Restaurant
Investment Highlights
growing community investment, business opportunity popular among tourist
Executive Summary
Here is an excellent opportunity for a restaurant, wine tasting room, dry goods store, bar, retail or possible music venue! The possibilities are endless with this 1.5+/- acre property located in the heart of Willow City, Texas! This quaint area is known for it's show-stopping Spring wildflowers and everyone has heard about the droves of people who come out to make the 13 mile Willow City Loop Bluebonnet run. The area is a destination for hundreds of tourist and locals alike. Located only 15 miles North of Fredericksburg, Tx and approximately a 20 minute drive to the Enchanted Rock State Natural Park it's a perfect setup for a "let's go" destination. As they say "build it and they will come!" The property includes the old "Harry's Bar" building, completely refurbished (see attached project plat) with kitchen, bar/tasting room, 2 bathrooms and 2 areas for tables & chairs. This building is thought to have been built in 1896 and has a great Early Fredericksburg vibe.The outdoor area consist of a covered pavilion with picnic tables, 2 massive fire pits with Adirondack chairs custom made for the venue, cedar split rail and coyote fencing, and massive Oak tree coverage. Property has been TCEQ approved for haul-in water and a new aerobic septic system has been put in place. Additional acreage available! Adjacent 1/2 acre corner lot $75,000 and a 1/3 acre lot across the street (possible additional parking?) $50,000We are seeing more buyers purchasing acreage in this area to build their "forever homes", a new winery with vacation rentals, and other rumblings in the area making this quaint community an exciting growth prospect.Give us a call to schedule a showing if you have an interest in joining others in taking advantage of this wonderful location, incoming tourist, and potential growth. Inquire about SELLER FINANCING!!
Property Details
- Sale Type Investment or Owner User
- Property Type Retail
- Property Subtype Restaurant Restaurant General Retail Bar General Retail Storefront Restaurant
- Building Size 1,235
- Year Built/Renovated 1890/2021
- Price 595,000
- Price Per SF 482
- Percent Leased Vacant
- Building Height 1 Story
- Building FAR 0.02
- Land Acres 1.44 AC
Amenities
- Fenced Lot
- Restaurant
- Air Conditioning
Property Taxes
Parcel Number | 20817 | Improvements Assessment | $25,080 |
Land Assessment | $219,360 | Total Assessment | $244,440 |
Date Created: | 2024-07-16 04:23:41 | Last Updated: | 2024-07-16 04:23:41 |
Address: | 2732 Ranch Road 1323 , Fredericksburg, Texas, 78624 |