112 Hwy 16 Bandera, TX 78003
This exceptional 1,200 square foot commercial building, situated at 112 Hwy 16 S in Bandera, Texas, presents a unique investment opportunity. Built in 1940, this charming stone structure boasts a prominent corner location on Main Street and Highway 16, in the heart of the "Cowboy Capital of the World," ensuring high visibility and foot traffic. Previously operating as a liquor store and currently showcasing woodworking and home dГ©cor, the building offers immense versatility for a wide range of businesses. The property includes six dedicated parking spaces, supplemented by readily available public parking nearby. Interior features include two exterior half-baths and a full bathroom within the office space. A custom-built register counter, a sizable cooler room, and a rear sink with ample countertop and storage space add to the building's functionality. The building is equipped with central heating and air conditioning and a durable metal roof. Owner financing is available, and a short-term lease with an option to buy is also a possibility, making this an attractive proposition for various business ventures. This one-of-a-kind property is priced at $699,000 and represents a rare chance to establish or expand a business in a thriving, high-traffic location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.