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19588 K St

2,153 SF Retail Building Somerset, TX 78069 For Sale

Investment Highlights

  • Recent Renovation
  • Additional lot available for extra parking
  • FF&E Included
  • Full Kitchen & Bar
  • Large Seating Capacity

Executive Summary

For Sale: Premier Event Venue in Somerset, Texas
Exceptional venue now available for sale. Opened in March 2024 after a comprehensive renovation, this property is perfectly suited for hosting a wide range of events, from weddings to corporate gatherings. Equipped with a full kitchen, the property can accommodate up to 330 guests, both indoors and outdoors. The venue is situated on over 0.58 acres, providing ample space for guest and parking for 60 vehicles. Manicured lawns and a spacious stage/covered pavilion. Furniture, Fixtures & Equipment are included allowing for a smooth transition.
Property Features:
Recent Renovation
Full Kitchen & Bar
Additional lot available for extra parking
Large seating Capacity
FF&E Included

Taxes & Operating Expenses (Actual - 2024) Click Here to Access

Annual Annual Per SF
Taxes - -
Operating Expenses - -

Taxes & Operating Expenses (Actual - 2024) Click Here to Access

Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $99,999
Annual Per SF $9.99

Property Facts

Sale Type
Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
2,153 SF
Building Class
C
Year Built/Renovated
1950/2023
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
0.58 AC
Zoning
General Commercial - Located in the City of Somerset. Zoned General Commercial
Parking
60 Spaces (27.87 Spaces per 1,000 SF Leased)

Amenities

  • Conferencing Facility
  • Corner Lot
  • Courtyard
  • Fenced Lot
  • Air Conditioning

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
04053-016-0120
Land Assessment
$23,100 (2023)
Improvements Assessment
$308,590 (2023)
Total Assessment
$331,690 (2023)
  • Listing ID: 32666440

  • Date on Market: 8/2/2024

  • Last Updated:

  • Address: 19588 K St, Somerset, TX 78069

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