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1525 N Interstate 35 | Georgetown, TX 78628
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1525 N Interstate 35
Georgetown, TX 78628
Retail Property For Sale
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EXECUTIVE SUMMARY
Seller financing available at a below market interest rate. This mixed-use property includes a popular restaurant/bar/grill, a 12,000 metal building with 6000 retail/6000 warehouse, a 1340 square foot house, and 5.1 acres of vacant land. Total acreage is approximately 9.3 including 4.2 acres with the restaurant and warehouse. Seller is willing to sell the 4.2 acres with the restaurant and warehouse separately from the 5.1 acres of vacant land. The restaurant has an indoor stage, an outdoor stage, an outdoor music venue with a 2000 person capacity, and two outdoor bars. In addition, the 5,092 square foot restaurant has a full commercial kitchen, billiards room, U shaped bar, walk in refrigerator, walk in freezer, & several storage rooms. There is approximately 977.7' of IH 35 frontage road across the front of the property & 1,105.8' of frontage on Airport Rd. across the back providing easy access to parking lots. The metal building is divided into a 6000 square foot piece in the front and two 3000 square foot pieces in the back. The property is just South of the new Costco in Georgetown. Williamson County is one of the fastest growing counties in Texas.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
5,092 SF
Building Class
B
Year Built
2007
Price
$6,995,000
Price Per SF
$1,374
Tenancy
Single
Building Height
1 Story
Building FAR
0.03
Lot Size
4.42 AC
Zoning
F1 - The property has F1, vacant land, residential.
Frontage
AMENITIES
- Signage
PROPERTY TAXES
Parcel Number | R513197 | Improvements Assessment | $0 |
Land Assessment | $839,136 | Total Assessment | $839,136 |
PROPERTY TAXES
Parcel Number
R513197
Land Assessment
$839,136
Improvements Assessment
$0
Total Assessment
$839,136
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