Current Use by Public Records
- Lifestyle centers
Property Details for 1401 Chestnut St
- Lot size
- 0.66 lot acres
- Property type
- Lifestyle centers
- Property subtype
- Power centers
Description
This exceptional .658-acre redevelopment opportunity sits in the heart of Bastrop, Texas, at the hard corner of 1401 Chestnut Street. Its strategic location is directly across from the Bastrop Convention & Exhibit Center and adjacent to City Hall, ensuring high visibility and foot traffic. The property boasts over 10,000 vehicles per day passing by, presenting a unique chance to capitalize on this bustling area. This is one of the last remaining redevelopment tracts available in downtown Bastrop, making it a truly rare find. An adjacent 17,000 square foot lot is also available from a separate seller, offering potential for expansion. The property is zoned for a variety of uses, including retail, restaurant, bar, hotel, office, or venue, allowing for significant flexibility in development plans. Zoning and use restrictions should be independently verified by the buyer. Showings are by appointment only; please do not disturb the current tenant or their customers. This is an unparalleled chance to invest in a thriving Texas town and create a landmark property.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Bastrop
- County
- Bastrop
- State
- Texas
- Longitude
- -97.3112
- Latitude
- 30.1104
