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    19588 K St Somerset, TX 78069

    For Sale
    Contact for pricing

    Texas Event Venue - Turnkey Operation

    Property size:
    2,153 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    360
    This exceptional 2,153 square foot event venue in Somerset, Texas, is available for sale. Opened in March 2024 following a complete 2021 renovation, this turnkey operation is ideal for a variety of events, accommodating up to 330 guests indoors and outdoors. The property boasts a full kitchen and bar, ample parking for 60 vehicles on its 0.58-acre lot, and additional land is available for expanded parking. Features include manicured lawns, a spacious stage/covered pavilion, and all furniture, fixtures, and equipment are included. The property is zoned for general commercial use and was originally built in 1950. This is a rare opportunity to acquire an established and profitable event center with significant upside potential. The property's prime location in Bexar County, Texas, ensures easy access for guests and provides a strong foundation for continued success. The existing infrastructure and high-quality finishes minimize the need for further investment, allowing the new owner to focus on operations and growth. This is a truly unique opportunity to own a thriving business in a desirable location.

    Property Features for 19588 K St

    General Information

    Property type
    Wedding venues
    Square Feet
    2,153 SF
    Lot Size
    25,439 SF

    Building Details

    Year Built/Renovated
    1950/2021

    HighLights

    • 2,153 SF retail building, suitable for restaurant, event center, or venue use.
    • Owner/user investment opportunity.
    • Recently renovated in 2021, opened March 2024.
    • Located on a 0.58‑acre lot in Somerset, TX (Bexar County), with ample parking for 60 vehicles.
    • General Commercial zoning.
    • Includes full kitchen and bar, accommodating up to 330 guests.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Rustic Gardens Event ... Event Venue

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Somerset
    County
    Bexar
    State
    Texas
    Longitude
    -98.659302478119
    Latitude
    29.229303058957

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    FAQs

    What type of property is this?
    Wedding venue - Texas Event Venue - Turnkey Operation
    Where is this wedding venue located?
    The property is located at 19588 K St Somerset, TX.
    What are key features of this property?
    This property features: 2,153 SF retail building, suitable for restaurant, event center, or venue use.; Owner/user investment opportunity.; Recently renovated in 2021, opened March 2024.
    Request Owner's contact information
    19588 K St Somerset, TX 78069
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    Somerset, TX 78069
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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
    19588 K St Somerset, TX 78069
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