Badu 1891 601 Bessemer Ave

601 Bessemer Ave , Llano, Texas, 78643 | 16,602 sq.f | $ 2,500,000

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About This Restaurant

Investment Highlights

Recently Renovated High Traffic Location Two Bars Two Commercial Kitchens Historic Building Outdoor Patio with Stage and Garden

Executive Summary

The most remarkable building in the historic town of Llano, restored to perfection in 2017. The current owner took meticulous care to restore the integrity of this special property, while enhancing its historic detail. This spectacular building was the home of Badu 1891, a highly acclaimed restaurant, bar, and special event venue. Large patio and elevated deck, outdoor fireplace with comfortable sitting area, landscaped grounds, kitchen garden area - everything you could want in a unique destination restaurant. The covered outdoor bandstand for live music attracted many talented musicians and had a loyal following. The main dining room offers a beautiful intimate atmosphere, while bar dining is lively and casual. The large bar is stunning, with a bar top made of Llanite, which is a granite found only in Llano and the largest collection known to exist. A large private room and tiled porch is upstairs, along with a unique and beautiful bar area - very popular for private parties and weddings. The main kitchen is downstairs, and another full-service kitchen is upstairs for special events. Both kitchens have been updated with modern equipment and safety features. All equipment to serve a high-volume restaurant is included in the sale. A large 10,890 sf metal warehouse for storage across the street is included in this sale. This historic building was built in 1891 to serve as the First National Bank of Llano. The building is listed in the National Register of Historic Places and is a Texas Historic Site.

Property Details

  • Sale Type    Owner User
  • Property Type    Retail
  • Property Subtype    Restaurant Restaurant Industrial Distribution Restaurant
  • Building Size    16,602
  • Building Class    B
  • Year Built    1891
  • Price    2,500,000
  • Price Per SF    151
  • Building Height    2 Stories
  • Building FAR    0.35
  • Land Acres    1.09 AC
  • Opportunity Zone    Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Amenities

  • Corner Lot
  • Courtyard
  • Fenced Lot
  • Fireplace
  • Restaurant
  • Signage
  • Accent Lighting
  • Storage Space
  • Recessed Lighting
  • Air Conditioning
  • Balcony

Property Taxes

Parcel Number 21661 31668 31855 Improvements Assessment $116,990
Land Assessment $762,360 Total Assessment $11,769 (0.71/SF)
Date Created: 2024-07-16 04:23:42 Last Updated: 2024-07-16 04:23:42
Address: 601 Bessemer Ave , Llano, Texas, 78643