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625 N Nugent St

Johnson City, TX 78636
  • $2,250,000
  • STATUS: Active
  • ON SITE: 195 Days
  • MLS #: 1777375
$2,250,000
  • 0
    BEDS
  • 5.65
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 5,208
    SQFT
  • $432
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1984
County:
Area:

School Ratings & Info

School District:

Description

LOADS OF POTENTIAL!!! This property has wonderful charm and grace and a great business and lifestyle opportunity. Take this already established B&B business to the next level! Consider Vineyard and Winery with more bungalows and other amenities. The grounds and mature oak trees are magical. Expand to include Weddings (offered in the past), Meetings and other activities. The property would make a fabulous cooking school in conjunction with the other potential activities. Property has a large solar panel installation at one corner and 4 Tesla Battery storage units (approx. $150K cost) which makes utility bills very affordable. Owner lives in the main home currently and rents out the 4 units in the cabins. New owner should consider living off-site and putting all the units into rental. The vineyard and winery tourism industry between Johnson City and Fredericksburg continues to expand exponentially. This property is unique in its size and farm character so close in to town. Walk to town or consider electric golf transportation to quickly whisk guests to the craft stores, restaurants and charms of Historic Johnson City.

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© 2024 San Antonio Board of REALTORS® All rights reserved. IDX information is provided exclusively 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. Information is deemed reliable but is not guaranteed accurate by the MLS or The Mullen Group | RE/MAX Associates. Last updated 2024-12-03T23:33:10.123.
www.findurwayhome.com/homes/150820121
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625 N Nugent St Johnson City, TX 78636

  • Price: $2,250,000
  • Status: Active
  • On Site: 195 Days
  • MLS #: 1777375
0
Beds
0
Baths
0
½ Baths
5.65
Acres
5,208
SQFT
$432
$/SQFT
1984
Built
Neighborhood:
Johnson City
County:
Blanco
Area:
Johnson City
School District:
Johnson City
Property Description
LOADS OF POTENTIAL!!! This property has wonderful charm and grace and a great business and lifestyle opportunity. Take this already established B&B business to the next level! Consider Vineyard and Winery with more bungalows and other amenities. The grounds and mature oak trees are magical. Expand to include Weddings (offered in the past), Meetings and other activities. The property would make a fabulous cooking school in conjunction with the other potential activities. Property has a large solar panel installation at one corner and 4 Tesla Battery storage units (approx. $150K cost) which makes utility bills very affordable. Owner lives in the main home currently and rents out the 4 units in the cabins. New owner should consider living off-site and putting all the units into rental. The vineyard and winery tourism industry between Johnson City and Fredericksburg continues to expand exponentially. This property is unique in its size and farm character so close in to town. Walk to town or consider electric golf transportation to quickly whisk guests to the craft stores, restaurants and charms of Historic Johnson City.
Exterior Features

Construction WoodStone Drive In Doors 0 Foundation Slab Loading Facilities None Rail Service No Roof Metal Total Parking 12

Interior Features

Air Conditioning Central Ceiling Height 10 Heating CentralHeat Pump

Property Features

Amenities Exterior LightingSecurity SystemHigh Speed INternetOutside StorageLiving Area Annual Tax 12898 Approx Age 40 Available With Lease No Building Center Name THE CROSSROADS INN City Tax 0 Commercial Type Hotel/Motel County Tax 2750 Easements Ingress-Egress Flood Plain None Gas And Electric 1540 Gross Building Area 5208 Gross Income 245520 Income Expenses Estimated Insurance 9600 Lease Only No Monthly Lease 0 Net Leasable Area 5062 Net Operating Income 137224 Other Expense 84258 Other Tax 1003 Potential Short Sale No Proposed Terms Sale OnlyCashConventional Rentals 6 Restrictions None Sale Includes BuildingsLandBusinessEquipmentFixtures School Tax 6504 Total Tax 10257 Utilities ElectricityWaterSepticSolar Utility Supplier Elec Solar Utility Supplier Sewer Septic Utility Supplier Water Well Zoning NONE

Listing information © Copyright 2024 San Antonio Board of REALTORS®, All Rights Reserved.
Listing provided courtesy of Allan Hanson of Berkshire Hathaway Texas Realty: allan.hanson@BHHSTxRealty.com, (512) 417-5713.


© 2024 San Antonio Board of REALTORS® All rights reserved. IDX information is provided exclusively 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. Information is deemed reliable but is not guaranteed accurate by the MLS or The Mullen Group | RE/MAX Associates. Last updated 2024-12-03T23:33:10.123.
 
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The Mullen Group | RE/MAX Associates
1862 W. Bitters Rd, STE 300
San Antonio TX, 78248