Commercial,Commercial Sale,Historic - Fred, TX
Distillery, Winery, Wedding/Event Center, BNB, Mixed Use Retail. Bankersmith Store: 2,320 SF, 770 SF Decks, 256 SF Covered Patio. In 2013 added 4,704 SF Event Center, 1,228 SF of Decks. 582 feet frontage. No flood plain. Tangible and intangible assets convey. 8 MI to US 290, Texas Wine Trail. 10 MI to Fredericksburg, 14 MI to I-10 at Comfort. Compared to Fredericksburg, area has 300% higher property value trend, 39% higher population growth. 4 Unmet retail gap opportunities exceed $4M annually. Improvements detail Improvements: Main Area (Original Store): 2,320 SF Original Store Wood Deck: 770 SF Original Store Rear Covered Patio: 256 SF New Building Completed in 2013: 4,704 SF New Building Wood Deck: 1,228 SF Potential owner terms Terms are based on a sale or lease at list price. Minimum terms dependent on qualifications, credit worthiness, personal guarantees, business plan and experience in business proposed. Buyer to pay $2,500 toward legal fees and filing expenses. Selection of legal advisor at Seller’s exclusive discretion. OWNER FIRST LOAN 85% of sale price maximum loan 5% APR minimum interest rate 5 year maximum fixed term and then becomes due and payable 30 year maximum amortization OWNER SECOND LOAN 15% of sale price maximum loan 6% APR minimum interest rate 3 year maximum fixed term and then becomes due and payable 10 year maximum amortization
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Please call (979) 421-9996.
Data Provided by:
South Central Texas Board of Realtors