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523 E State Highway 29, Bertram, TX 78605

$590,000

  • For Sale
  • Active
  • Commercial
  • 5,540 Sq. Ft.
  • Updated 2 days ago
523 E State Highway 29, Bertram, TX 78605View this property at 523 E State Highway 29, Bertram, TX 78605
523 E State Highway 29BertramTX78605

Property Description

523 Hwy 29 and 525 Hwy 29 sold as one. Prime location with frontage on Highway 29 in Bertram. 1500 sqft feed store, 3400 sqft bar, 1000 sqft restaurant & self storage (2 20ft x 10 units and 34 10 x10 units) at full occupancy. Current tenants will consider continuing to lease. CAP rate could dramatically increase with new tenants.

Full Property Detailsfor 523 E State Highway 29

General

  • Price: $590,000
  • Taxes: $4,425 (2015)
  • Status: Active
  • Type: Commercial
  • MLS ID: 6548820
  • Updated: 4/17/2018
  • Added: 552 day(s) ago

Property History

  • 523 E State Highway 29, Bertram, TX
  • Reduced to $590,000 on 10/26/17
  • Reduced to $624,995 on 10/13/17
  • Reduced to $625,000 on 5/25/17
  • Reduced to $649,995 on 4/10/17
  • Reduced to $650,000 on 2/28/17
  • Listed at $695,000 on 10/14/16

Additional Information

  • Equipment: Delivery Door, Display Window, Exterior Security Light(s), Outside Storage, Public Restrooms, Sign-Building, Sign-Freestanding, Storage Area(s)

Parking

  • Total Spaces: 50
  • Parking Ratio: 10
  • Parking: Common

Location

  • Area: Burnet/Llano
  • County: Burnet
  • Subdivision: Hutto Add
  • Driving Directions: Via I-35, exit 261, W on Highway 29, destination is on the R. Via 183, L on Highway 29, destination is on the R.
  • Dist. to Freeway: Frontage

Heating & Cooling

  • Cooling Type: Central Air
  • Heating Type: Central Heat

Utilities

  • Sewer: City at Street
  • Water: City, City on Property
  • Utility Description: Electricity on Property, Natural Gas on Property
  • Separate Meters: Triple Net (NNN)

Structural Information

  • Exterior Const.: Metal Siding
  • Foundation: Slab
  • Roof: Metal
  • Ceiling Height: Multiple Heights
  • Square Feet: 5,540
  • Sq. Ft. Source: Owner
  • Year Built: 1998

Lot Features

  • Property View: No View
  • Lot Size (Sq. Ft.): 67,953
  • Lot Size Source: Tax Record
  • Street/Road Desc.: Gravel
  • Lot Description: Land Surveyed, Outbuildings

Financial Considerations

  • Price Per Sq. Ft.: $106.5
  • Tax Amount: $4,425
  • Tax Year: 2015

Disclosures and Reports

  • APN: 5225000000001000

Listed by Keller Williams Realty-GT

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Schools

Schoolsserving 523 E State Highway 29

School District:Burnet Consolidated Independent School District
School Name
Grades
Distance
Burnet High School
1000 The Green Mile Rd, Burnet, TX 78611
9-12
10.7 mi
Disclaimer: School data provided by Pitney Bowes. School attendance boundaries are for reference only. Contact the school directly to verify enrollment eligibility.

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Community Info

Community Infofor 523 E State Highway 29

Listed by Keller Williams Realty-GT

523 E State Highway 29, Bertram, TX 78605 (MLS# 6548820) is a Commercial property. 523 E State Highway 29 is currently listed for $590,000 and was received on October 14, 2016. Want to learn more about 523 E State Highway 29? Do you have questions about finding other Commercial real estate for sale in Bertram? You can browse all Bertram real estate or contact a Coldwell Banker agent to request more information.