Prime Downtown Location with Charm

204 S Austin Street, Seguin, TX 78155

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For Sale

$898,000

Historical building ideal for a bar, restaurant, or office.

Type:Commercial/Industrial

Property size:

4,954 SF

Lot size:

0.10 Acres

Price / SF:

$181/SF

HighLights

Prime downtown location offering excellent visibility and accessibility.
Historical charm with exposed brick walls, high ceilings, and large windows.
Open concept floor plan allows flexible interior design.
Balcony perfect for outdoor seating with views.
Conference room can be repurposed as a private dining area.
Private desk spaces upstairs overlooking Austin Street, suitable for a VIP lounge.

We can help!

Listing Contact

Ryan Parker

For Sale

$898,000

Historical building ideal for a bar, restaurant, or office.

Type:Commercial/Industrial

Property size:

4,954 SF

Lot size:

0.10 Acres

Price / SF:

$181/SF

Added:: Jul 26, 2024
Days on Market:: 695
Last Refresh:: May 19 at 9:06 pm

Property Features for 204 S Austin Street

General Information

Standard status: Active
Size: 4,954 SF
Lot size: 0.10 Acres
Property subtype: Commercial/Industrial

We can help!

Listing Contact

Ryan Parker

Listing agent Ryan Parker License #0652103

Listing office Collab-RT Realty, LLC

Listing date Jul 26, 2024

Source Exitrealty

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Collab-RT Realty, LLC

HighLights

Prime downtown location offering excellent visibility and accessibility.
Historical charm with exposed brick walls, high ceilings, and large windows.
Open concept floor plan allows flexible interior design.
Balcony perfect for outdoor seating with views.
Conference room can be repurposed as a private dining area.
Private desk spaces upstairs overlooking Austin Street, suitable for a VIP lounge.

Overview

Located in the heart of Seguin at 204 South Austin Street, this property offers excellent visibility and accessibility. The building exudes historical charm with its industrial design, featuring exposed brick walls, high ceilings, and large windows. The open layout allows for flexible interior design, accommodating a bar area, dining section, or a stage for live music. A spacious conference room can hold up to 20 people and could be repurposed as a private dining area or used for hosting special events. Upstairs, an exclusive area with private, dedicated desk spaces overlooks Austin Street, potentially serving as a VIP lounge. The private desk space also includes a balcony, suitable for outdoor seating. A shared space could offer a refreshment center with coffee and snacks. The coworking environment fosters networking. Private, soundproof pods are ideal for creating intimate dining booths or themed seating areas. With WiFi, TVs, and printing facilities, the infrastructure is already in place for a tech-savvy establishment. This property offers a blend of history, flexibility, and community, suitable for transforming into a vibrant bar, office, or restaurant. The property size is 4954 square feet.

Local Financial Insights For Specialty Retail

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$98.7k	$19.92
− Vacancy	−$3.9k	−$0.80
EGI	$94.7k	$19.12
− OpEx	−$23.7k	−$4.78
NOI	$71.1k	$14.34

4,954 SF · lease $19.92/SF/yr · vacancy 4.00% · expense 25.00%

Alternative Uses

Best Use

Specialty Retail

$1.02M

$888.2K – $1.18M (±1% cap)

NOI $71,052 @ 7.0% cap · market cap 7.91%

Second Best

Office B

$964.5K

$844.0K – $1.13M (±1% cap)

NOI $67,517 @ 7.0% cap · market cap 7.52%

Theoretical Best

Office A

$1.30M

$1.14M – $1.52M (±1% cap)

NOI $90,955 @ 7.0% cap · market cap 10.13%

Zoning and permitted uses should be independently verified with local authorities.

Property Profile Location Intelligence

Current Use by Public Records

Restoration Ads Professionals Advertising Agency White Line Realty Real Estate Agency The Rise Co-Working Offices Coworking & Hybrid Office Monumental Roofing Services Construction Company Deep Six Pest ... Garden Center

Suggested Use

Similar Places Nearby

The 1908 — 100 E Court St, Seguin, TX 78155
Caco's holiday bar — Seguin, TX 78155
Schultz Saloon — 109 N Austin St, Seguin, TX 78155
Pecantown Books & Brews — 212 S Camp St, Seguin, TX 78155
i-Snack - Mexican Ice Cream and Snacks — 706 S Austin St, Seguin, TX 78155

Location Insight

Map
Local Demand

City: Seguin
County: Guadalupe
State: Texas
Longitude: -97.9649
Latitude: 29.5679

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For sale
Bars & Pubs
TX
Seguin
78155
204 S Austin Street

What type of property is this?

Bar & Pub - Historical building ideal for a bar, restaurant, or office.

Where is this bar & pub located?

The property is located at 204 S Austin Street Seguin, TX.

What is the asking price?

The asking price for this property is $898,000.

What are key features of this property?

This property features: Prime downtown location offering excellent visibility and accessibility.; Historical charm with exposed brick walls, high ceilings, and large windows.; Open concept floor plan allows flexible interior design.