7905 Old San Antonio Road - Fred 78624, Gillespie County

106997
For Sale
$599,000
Residential, Commercial
Commercial
Active

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Building Information

7,023 Sq. Ft.
Historic
Single
2
Wood
2013
4
Metal
Over 20 Yrs

Land Information

1.61 Acres
$0.00
None
Well
Paved Road, County Road
Partially Wooded, Mostly Flat

Tax Information

24313
$3,550.30
AH Wood | Bankersmith
Fredericksburg
Property ID: 24313 Geographic ID: A0721-0186-000000-00 Legal description: ABS A0721 A H WOOD #186, 1.61 ACRES

Additional Information

Cash, Conventional, Owner Financing
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

8 MI S of US 290 at Old San Antonio RD (3 MI East of Fredericksburg) Travel south on Old San Antonio RD 8 MI Property on left with sign