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316 E Wallace St

San Saba, TX 76877
  • $5,500,000
  • STATUS: Active
  • ON SITE: 77 Days
  • MLS #: 1551112
$5,500,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1926
County:
Area:

School Ratings & Info

School District:

Description

Looking for a place to have your retirement money working for you? Here is your place!! This profitable winery has multiple locations and 3 revenue streams that are cash flowing and will continue to produce 7%+ cap rate. In Oct 2011, a group of friends began construction on the Winery with the passion to bring the burgeoning Texas wine industry to the heart of small-town Texas. They opened their historic 1926 tasting room and 10,000 case winery, located at the intersection of U.S. Highway 190 and State Highway 16, on June 1, 2012. They are proud to be a central part of the renaissance of San Saba. Just as the casual beauty, friendly personalities and relaxing hospitality defines small town Texas, the Winery is committed to making 100% Texas-grown wines that celebrate Texas terroir and wine-growing conditions. The Winery produces wines with grapes grown in their estate vineyards, as well as collaborating with select Texas Hill Country AVA and Texas High Plains AVA vineyards. They are proud to bring you Texas wines of purpose and distinction suitable for celebrations and every-day drinking. If you would like to take part in continuing this tradition of fine Texas wines, please reach out to Toby Vicknair to discuss the details.

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© 2021 San Antonio Board of REALTORS® All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Better Homes and Gardens Real Estate HomeCity. Last updated 2021-10-21T23:32:21.467.
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316 E Wallace St San Saba, TX 76877

  • Price: $5,500,000
  • Status: Active
  • MLS #: 1551112
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1926
Built
Neighborhood:
San Saba
County:
San Saba
Area:
San Saba
School District:
San Saba Isd
Property Description
Looking for a place to have your retirement money working for you? Here is your place!! This profitable winery has multiple locations and 3 revenue streams that are cash flowing and will continue to produce 7%+ cap rate. In Oct 2011, a group of friends began construction on the Winery with the passion to bring the burgeoning Texas wine industry to the heart of small-town Texas. They opened their historic 1926 tasting room and 10,000 case winery, located at the intersection of U.S. Highway 190 and State Highway 16, on June 1, 2012. They are proud to be a central part of the renaissance of San Saba. Just as the casual beauty, friendly personalities and relaxing hospitality defines small town Texas, the Winery is committed to making 100% Texas-grown wines that celebrate Texas terroir and wine-growing conditions. The Winery produces wines with grapes grown in their estate vineyards, as well as collaborating with select Texas Hill Country AVA and Texas High Plains AVA vineyards. They are proud to bring you Texas wines of purpose and distinction suitable for celebrations and every-day drinking. If you would like to take part in continuing this tradition of fine Texas wines, please reach out to Toby Vicknair to discuss the details.
Exterior Features

Construction WoodBrickStone Drive In Doors 1 Foundation Slab Loading Facilities Grade Level Rail Service No Roof Heavy Composition Total Parking 50

Interior Features

Air Conditioning Central Ceiling Height 20 Heating Central

Property Features

Approx Age 95 Available With Lease No Building Center Name Old Town Building City Tax 1716 Commercial Type Other - See Remarks County Tax 3544 Flood Plain None Gross Income 0 Lease Only No Monthly Lease 0 Other Tax 168 Potential Short Sale No Proposed Terms CashConventional Rentals 1 Restrictions Other Sale Includes BuildingsLandBusinessEquipmentFixturesInventoryLicense Sale Rent For Sale School Tax 6456 Total Tax 11884 Utilities ElectricityWaterTelephoneSewer Zoning Commercial

Listing provided courtesy of Toby Vicknair of Keller Williams Boerne.


© 2021 San Antonio Board of REALTORS® All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Better Homes and Gardens Real Estate HomeCity. Last updated 2021-10-21T23:32:21.467.
 
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