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316 E Wallace St

San Saba, TX 76877
  • $5,500,000
  • STATUS: Active
  • ID#: 3657395
UPDATED: 101 min ago
$5,500,000
  • 0
    BEDS
  • 0.47
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1926
County:
Area:

School Ratings & Info

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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© 2022 Austin Board of REALTORS® (alternatively, from ACTRIS). All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied.The information provided is 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. Data last updated: 2022-05-23T00:03:11.11.
austin.papasanproperties.com/homes/125116281
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316 E Wallace St San Saba, TX 76877

  • Price: $5,500,000
  • Status: Active
  • On Site: Days
  • Updated: 101 min ago
  • ID#: 3657395
0
Beds
0
Baths
0
½ Baths
0.47
Acres
1926
Built
Neighborhood:
Old Town/San Saba
County:
San Saba
Area:
San Saba
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

Attached Garage YN No Bays 1 Construction Materials BlockBrickStone Foundation Details Pillar/Post/PierSlab Garage YN No Other Structures Pergola Parking Features AsphaltOn SiteOpenParking LotRv Access/Parking Road Surface Type Asphalt View City Waterfront YN No

Interior Features

Building Area Total 11440 Cooling Electric Flooring TileWood Heating Electric

Property Features

Accessibility Features Hand RailsAccessible Kitchen Additional Parcels YN Yes Building Features Floor DrainsFurnitureMachineryOffice EquipmentPublic RestroomsSign-Building Current Use CommercialInvestmentRetailWarehouse Estimated Taxes 12800 Horse YN Yes Listing Terms Cash New Construction YN No Property Condition Historic Design Property Sub Type Business Sewer Public Sewer Special Listing Conditions Standard Utilities Underground Utilities Water Source Public

Property listed by Keller Williams City-View.


© 2022 Austin Board of REALTORS® (alternatively, from ACTRIS). All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied.The information provided is 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. Data last updated: 2022-05-23T00:03:11.11.
 
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Papasan Real Estate Team @ Keller Williams Realty
1801 S. Mopac Expwy, Ste 100
Austin TX, 78746