119 Avenue G

Investment Highlights

Excellent location in historic downtown Marble Falls, a fast growing sub-market adjacent to the Austin SMSA. Building was constructed in 1887 as the personal residence for Adam Johnson, the founder of Marble Falls. Beautiful historic building with many opportunities for redevelopment and expansion.

Executive Summary

Excellent opportunity for investor/developer or owner user. Located in the downtown area of historic Marble Falls, Texas. Prime location one block east of Highway 281 and directly across the street from the Marble Falls Visitors Center and the historic Bluebonnet Cafe. The building has two full floors of approximately 2,000 sf each plus a third level which can be utilized for open office space and/or storage. The property is a corner location with 90 feet of frontage on Avenue G and 150 feet of frontage on 2nd Street. Expansion is possible on the property due to the availability of off-site street parking and only a 5' building setback lines on the southerly and easterly property lines. Excellent opportunity for professional offices, medical space, retail users and small restaurants. Owner will also consider leases to full-floor users (2000 sf minimum, with rental to be quoted upon owner's review of tenant's use, credit, and size requirements.

• Sale Type    Investment or Owner User
• Sale Condition    Redevelopment Project
• Property Type    Office
• Property Subtype    Medical Medical General Retail Restaurant General Retail Storefront Retail/Office Medical
• Building Size    5,300
• Building Class    C
• Year Built    1887
• Price    1,275,000
• Price Per SF    241
• Tenancy    Multiple
• Building Height    3 Stories
• Typical Floor Size    2,000
• Slab To Slab    10?
• Building FAR    0.42
• Land Acres    0.29 AC