315 Main St Bandera, TX 78003
This exceptional opportunity presents the acquisition of the O.S.T. Restaurant, a cornerstone of Bandera, Texas. Located at 315 Main Street, this esteemed establishment boasts a rich history spanning nearly a century of continuous operation, making it one of the oldest continuously operating restaurants in the state. Situated on a 0.23-acre lot, the restaurant encompasses 5,000 square feet of space, perfectly suited to its current configuration and potential future expansions. The O.S.T. Restaurant has a long-standing reputation for serving home-style family meals, catering to locals, tourists, and seasonal residents alike. Its enduring popularity and prime location in the heart of the Texas Hill Country ensure a consistent customer base. This sale presents a unique chance for a new owner-operator to inherit a well-established business with significant brand recognition and the potential for continued growth and success. The asking price for this remarkable property is $3,250,000. This is a rare opportunity to own a piece of Texas history and a thriving, profitable business. The property's established clientele and prime location offer a strong foundation for future success. The sale includes the entire restaurant operation, ready for a new owner to step in and continue the legacy.
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The First National Ice Haus Bar & Pub
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Bandera Bookkeeping Accounting Firm Tax Preparation
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.