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Walburg German Restaurant & Biergarten 3777 FM 972

4,800 SF 100% Leased Retail Building Walburg, TX 78673 $5,800,000 ($1,208.33/SF)

INVESTMENT HIGHLIGHTS

  • Historic Property
  • Fully Equipped Kitchen
  • Established Reputation
  • Prime Location
  • Fully Equipped Restaurant
  • Local area Commercial Developments to bring 250+ daily employees within a 5 mile Radius

EXECUTIVE SUMMARY

Historic Charm with Modern Amenities: Originally built in the early 20th century as the local mercantile and later transformed into a German Restaurant & Biergarten, this building retains its original character while being updated to meet today’s standards.
Prime Location: Situated in the heart of Walburg with 972 frontage, this restaurant benefits from high visibility and easy accessibility. It’s a local favorite and a must-visit for tourists exploring the area. Area commercial development to bring minimum of 250 daily employees within 5 mile radius.
Spacious Dining Areas: The restaurant features multiple dining areas, a live music stage, a second-story event space, a Biergarten, picnic area, and an outdoor stage tent. It can accommodate intimate dinners, large parties, and up to 250 guests in the main restaurant.
Well-Equipped Kitchen: The kitchen is fully equipped with high-quality appliances, a wide expo line with storage, and ample prep space, ensuring efficiency and creativity.
Outdoor Biergarten: Enjoy the Texas weather in the beautifully maintained outdoor Biergarten. It includes two live music stages, an on-site arcade, and a Biergarten Grill for quick bites. The Biergarten is served by complete with standing coolers and beverage taps.
Established Reputation: With years of successful operation, the Walburg Restaurant has built a loyal customer base and a stellar reputation for quality food and exceptional service.
Accompaniments Included: The sale includes all furnishings, fixtures, and equipment, ensuring a seamless transition for the new owner.
Growth Potential: With its strong foundation, there are numerous opportunities to expand the business, from hosting special events to increasing marketing efforts.

PROPERTY FACTS

Sale Type
Investment or Owner User
Sale Condition
Business Value Included
Property Type
Retail
Property Subtype
Restaurant
Building Size
4,800 SF
Building Class
C
Year Built/Renovated
1930/2000
Price
$5,800,000
Price Per SF
$1,208.33
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.01
Lot Size
8.89 AC
Parking
100 Spaces (20.83 Spaces per 1,000 SF Leased)
Frontage
316’ on Farm to Market Road 972

ABOUT 3777 FM 972 , WALBURG, TX 78673

The Walburg German Restaurant is a staple in Walburg, Texas, located just 15 minutes north of Georgetown. The building, originally constructed in the early 20th century, served as the local mercantile before being repurposed into a German restaurant and Biergarten. Over the years, it has retained its historic charm while being updated with modern amenities. The restaurant is known for its live music, spacious dining areas, and authentic German cuisine, making it a beloved destination for both locals and visitors.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • R040536
  • R039151
  • R039159
  • R040556
Land Assessment
$419,158
Improvements Assessment
$509,129
Total Assessment
$928,287
  • Listing ID: 32478586

  • Date on Market: 7/16/2024

  • Last Updated:

  • Address: 3777 FM 972, Walburg, TX 78673

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