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    112 Hwy 16 Bandera, TX 78003

    For Sale
    $699,000

    Historic building, high visibility, owner financing available.

    Property size:
    1,200 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    312
    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.

    Property Features for 112 Hwy 16

    General Information

    Property type
    Other commercial real estate
    Square Feet
    1,200 SF

    Building Details

    Year Built
    1940
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Bandera
    County
    Bandera
    State
    Texas
    Longitude
    -99.0704
    Latitude
    29.72446

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    FAQs

    What type of property is this?
    Commercial real estate - Historic building, high visibility, owner financing available.
    Where is this commercial real estate located?
    The property is located at 112 Hwy 16 Bandera, TX.
    What is the asking price?
    The asking price for this property is $699,000.
    (210) 900-2765
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    112 Hwy 16 Bandera, TX 78003
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