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Property
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| 311 & 313 11th Street
0.28 +/- Acres
Bandera County,
Texas
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Property Profile:
2 buildings next to the 11th Street Cowboy Bar in downtown Bandera. Both buildings are currently leased with rock-solid tenants. One as an office/residence and the other as an antique store. Diversified income from solid tenants next to the busiest place in bustling Bandera.
Terrain:
Level.
Location:
Between Cedar and Cypress Streets, one block southwest of Main Street.
Closest City:
Bandera
Access:
City roads.
Trees:
Oak.
Utilities:
Electric by Bandera Electric Co-op. Water and sewer by City of Bandera.
Home Features:
4 Bedroom, 2 Bath with office. Very tastefully done.
Property Frontage:
87 feet on 11th Street.
Taxes:
$6982 for 2008. One tenant pays the property tax. Seller pays tax on other building.
Leases:
One is a one year lease with a renewal in March, 2009. Same tenant for 5 years. Other is month-to-month and has been for 2 years.
Financing/Terms:
Cash; Conventional.
Acceptable Use:
Office/residence. Store/Restaurant/Office.
Comment:
Office/residence is occupied by owner of 11th Street Bar. Antique store tenant has leased building for 5 years and has had adjacent building leased as antique store for 12 years.
Full Price:
$535,000
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Property Presented By:
John McCollom & Associates
Jim Gardner - Agent
Office: 830-896-1122
Home: 830-896-5117
Cell: 830-285-2129
341 Junction Highway
Kerrville, Texas, 78028-4279
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