An AMAZING opportunity to own a Cash Flowing commercial operation with 4 buildings and 7 tenants(fully occupied!) The seller purchased the property in 2004 and operated their own business from the premises for many years before retiring and then holding it as an investment which is now being made available to the public. Very few properties are being sold with a 10% CAP rate in this area anymore. This property is only 23 minutes from the Austin International Airport, 30 minutes to Austin, Tx and as you may know Lockhart is the BBQ Capital of Texas! As the cities of Austin, Buda and San Marcos continue to grow, now is a great time to invest into Lockhart which still boasts small town charm but close proximity to so many places. Also, note this listing is for both 1011 W San Antonio St and 1013 W San Antonio St(Property ID: 17228)
Parking: 60 spaces per 1,000 sq. ft.
Asking Price: $829,000
Building Size: 10,832 SQ FT
Lot Size: 0.86 AC