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316 E Wallace St, San Saba, TX 76877
$4,800,000
316 E Wallace St, San Saba, TX 76877View this property at 316 E Wallace St, San Saba, TX 76877
316 E Wallace StSan SabaTX76877
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Property Description
Looking for a place to have your retirement money working for you? Here is your place!! This profitable winery located in an Opportunity Zone has multiple locations and 2 revenue streams that are cash flowing and will continue to produce positive cap rate. Just as the casual beauty, friendly personalities and relaxing hospitality defines small town Texas, Wedding Oak Winery is committed to making 100% Texas-grown wines that celebrate our Texas terroir and wine-growing conditions. Our Texas-born winemaker artfully makes our wines with grapes grown in our own estate vineyards, as well winery-managed Texas Hill Country vineyards and Texas High Plains vineyards. We're proud to bring you Texas wines of distinction suitable for celebrations and every-day drinking.
Full Property Details
Full Property Details for 316 E Wallace St
General
- Price: $4,800,000
- Taxes: (2022)
- Status: Active
- Type: Business
- MLS ID: 7294906
- Updated: 1/22/2024
- Added to Site: 99 day(s) ago
Interior
- Flooring: Concrete, Tile, Wood
Additional Information
- Security/Safety: Building Security, Fire Alarm
- Equipment: List Available
- Other Features: Storage
Parking
- Total Spaces: 60
- Parking Features: Additional Parking, Asphalt, Common
- Parking Ratio: 11
Location
- Area: SS
- County: San Saba
- Subdivision: OLD TOWN SSBLOCK 23 42 X 1100.106 AC
- Driving Directions: Main St in San Saba, TX
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central, Forced Air
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Cable Connected, Electricity Connected, Internet-Cable, Internet-Fiber, Phone Connected, Sewer Connected, Underground Utilities, Water Connected
Structural Information
- # Buildings: 3
- Exterior Const.: Block, Brick, Stone
- Foundation: Pillar/Post/Pier, Slab
- Disability Access: Accessible Approach with Ramp
- Square Feet: 11,649
- Current Bldg. Use: Commercial, Mixed Use, Retail, Vineyard
- Year Built: 1940
- Property Condition: Historic Design
Additional Structures
- Other Structures: Storage
Lot Features
- Property View: Downtown
- Lot Size (Acres): 0.473
- Lot Size (Sq. Ft.): 20,603.88
- Lot Size Source: Survey
Financial Considerations
- Lot Price Per Sq. Ft.: $232.97
- Tax Year: 2022
Disclosures and Reports
- Buyer’s Brokerage Compensation: 3%
- Documents Avail.: Aerial Photos, Financial Statement
- Restrictions: Zoning
- Inclusions: Business, Building & Land, Equipment, Fixtures, Furniture, Inventory, License, Machinery
- Property ID: 6681
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Schools
Schools serving 316 E Wallace St
School District:San Saba Independent School District
Rating | Name | Grades | Distance |
---|---|---|---|
808 W Wallace St, San Saba, TX 76877 | PK-4 | 0.5 mi | |
10th St, San Saba, TX 76877 | 5-8 | 0.5 mi | |
S 8th St, San Saba, TX 76877 | 9-12 | 0.5 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 316 E Wallace St
Date
Details
Price
Change
Source
1/22/2024
Listed
$4,800,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 316 E Wallace St
Year
Property Taxes
Change
Tax Assessment
Change
2022
$7,841
—
$418,520
-1%
2022
$7,841
-11%
$424,110
2%
2021
$8,818
—
$415,380
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 316 E Wallace St
316 E Wallace St, San Saba, TX 76877 (MLS# 7294906) is a Business property. 316 E Wallace St is currently listed for $4,800,000 and was received on January 22, 2024. Want to learn more about 316 E Wallace St? Do you have questions about finding other Business real estate for sale in San Saba? You can browse all San Saba real estate or contact a Coldwell Banker agent to request more information.