Property summary
This exceptional Lakeside, TX property boasts a prime location on Jacksboro Highway, encompassing 5.692 acres of mixed-use land. The main feature is a 12,000 square foot winery and restaurant complete with multiple outdoor patios and commercial kitchens. A separately leasable professional kitchen adds to the income potential. Thirty-two 10x15 and 10x20 mini-storage units, currently 70% leased, provide a consistent revenue stream. Seven to nine residential units, ranging from 850 to 1100 square feet, are individually leased, offering further income generation. Two apartments have the potential to be combined into a single smaller home. Adding to the versatility, a 4,000 square foot warehouse is available for lease at the rear of the property. The property is self-sufficient with its own water well and sewer system, making it exceptionally attractive. Recent improvements include a new electrical system installed to code, a fire suppression system in the restaurant meeting all code requirements, and a new retaining wall. The apartments have been remodeled, with the exception of one unit. This property is ideal for investors seeking diverse income streams and the potential for further development. Its suitability for weddings and parties adds another revenue avenue. An operating pro forma is available upon request. A two-hour advance notice is required for showings. The property's live-in management potential adds to its appeal.
Property profile
VerifiedCap rate & NOI
Current use
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Brewery & Distillery Specialty Food Shop
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Charitable Organization Social Service Agency
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Clothing & Fashion Store
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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