Mixed-Use Property with
207 Avenue G, Marble Falls, TX 78654
For Sale
$4,000,000
The furnished building combines production space with restaurant, taproom, and entertainment areas.
Property Size12,270 SF
Price / SF$325
Days on Market19
Property Features for 207 Avenue G
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Zoning
Site & Location
Highway Access
Road Access
Additional Details
Furnished
Equipment Included
Building Details
Year Built
Listing Agency:
Phyllis Browning Company ((210) 824-7878), Reene Bradshaw of Phyllis Browning Company
Listed By:
Reene Bradshaw · License #0726972
(832) 250-6211
Source:
Phyllisbrowning
Added: Oct 19
Changed: Nov 6
Last Checked: Nov 6 at 3:05PM
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 Phyllis Browning Company ((210) 824-7878), Reene Bradshaw of Phyllis Browning Company
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Investment Insights
Based on property information with market context.
This 12,270-square-foot mixed-use property includes 6,332 square feet of brewery and production space alongside 5,938 square feet for restaurant, taproom, and entertainment uses. Renovated in 2017–2018, the building dates to 1982 and is offered with its existing brewing and restaurant equipment and infrastructure. Six roll-up doors and approximately 70 parking spaces are on site. A TABC license has been maintained; any new operator remains subject to TABC approval and licensing requirements.
At 207 Avenue G in Marble Falls, the property sits in the downtown district near Highway 281. It is next to Blue Bonnet Cafe and across from the Marble Falls Visitor Center. The property occupies nearly one acre within a Planned Development District. Hospitality, entertainment, retail, or adaptive reuse concepts may be considered, subject to applicable approvals.
At 207 Avenue G in Marble Falls, the property sits in the downtown district near Highway 281. It is next to Blue Bonnet Cafe and across from the Marble Falls Visitor Center. The property occupies nearly one acre within a Planned Development District. Hospitality, entertainment, retail, or adaptive reuse concepts may be considered, subject to applicable approvals.
Key Highlights
- 12,270 square feet total, including 6,332 square feet of brewery and production space
- 5,938 square feet allocated to restaurant, taproom, and entertainment space
- Offered furnished with existing brewing and restaurant equipment and infrastructure
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$240,765
Cap Rate
6.02%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,815,300
$4.8M
Cap Rate 7%
$3,439,500
$3.4M
Cap Rate 9%
$2,675,167
$2.7M
Market Conditions
NOI Build-Up for 12,270 SF
Gross rent
$331.3K $27.00/SF
− Vacancy
−$10.3K −$0.84/SF
EGI
$321.0K $26.16/SF
− OpEx
−$80.3K −$6.54/SF
NOI
$240.8K $19.62/SF
Area
Burnet County, TX
Vacancy
3.10%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,815,300
Cap Rate 7%
$3,439,500
Cap Rate 9%
$2,675,167
Alternative Uses
Best Use
Specialty Retail
$3.44M
$3.01M – $4.01M
NOI $240,765 @ 7.0% cap · market cap 6.02%
Second Best
Mixed Use
$1.77M
$1.55M – $2.07M
NOI $124,234 @ 7.0% cap · market cap 3.11%
Theoretical Best
Hotel Hospitality
$9.24M
$8.09M – $10.78M
NOI $646,936 @ 7.0% cap · market cap 16.17%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
4
Businesses Nearby
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Business Placement
Demographics for 78654, TX
19,698
Population
9,764
Households
2
Avg Household Size
45
Median Age
33%
College-Educated
89%
High-School Grad
201.3 sq mi
ZIP Area
98
Density / Sq Mi
$72,669
Median Household Income
$37,391
Median Earnings
$1,404
Median Rent
$315,200
Median Home Value
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Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Mixed-use property - The furnished building combines production space with restaurant, taproom, and entertainment areas.
Where is this mixed-use property located?
The property is located at 207 Avenue G Marble Falls, TX.
What is the asking price?
The asking price for this property is $4,000,000.
What are key features of this property?
This property features: 12,270 square feet total, including 6,332 square feet of brewery and production space; 5,938 square feet allocated to restaurant, taproom, and entertainment space; Offered furnished with existing brewing and restaurant equipment and infrastructure
