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Wedding Oak Winery 316 E Wallace St

1,911 SF Vacant Retail Building San Saba, TX 76877 $3,500,000 ($1,832/SF)

Investment Highlights

  • Multiple revenue streams
  • Custom Crush Facility
  • All locations located within the Texas Hill Country AVA (American Viticultural Area)
  • Wine Club
  • 3 Tasting Rooms San Saba, Burnet and Fredericksburg

Executive Summary

This is a business and real estate sale. The real estate is located in San Saba and the Fredericksburg and Burnet locations are currently renting the buildings.
**Wine Inventory is NOT included in the current price**

Property Facts

Sale Type
Investment or Owner User
Sale Conditions
Bulk/Portfolio Sale
Property Type
Retail
Building Size
1,911 SF
Building Class
B
Year Built
1926
Price
$3,500,000
Price Per SF
$1,832
Percent Leased
Vacant
Building Height
1 Story
Loading Docks
1 Exterior
Opportunity Zone
Yes
Parking
50 Spaces (26.16 Spaces per 1,000 SF Leased)
Frontage
165 FT on E. Wallace

Amenities

  • Corner Lot
  • Courtyard
  • Signage
  • Air Conditioning

About 316 E Wallace St , San Saba, TX 76877

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 3 revenue streams that are cash flowing and will continue to produce positive 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. **Wine Inventory is NOT included in the current price**

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
6681
Land Assessment
$31,820
Improvements Assessment
$478,570
Total Assessment
$510,390
  • Listing ID: 23901132

  • Date on Market: 8/13/2021

  • Last Updated:

  • Address: 316 E Wallace St, San Saba, TX 76877

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