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119 Avenue G 5,300 SF 100% Leased Office Building Marble Falls, TX 78654 $1,250,000 ($235.85/SF)
INVESTMENT HIGHLIGHTS
- Heart of Downtown right off Hwy 281
- Historic Building in Heart of Charming Hill Country Town
- Multiple Tenant Options-Multiple Offices on 3 floors
EXECUTIVE SUMMARY
Outstanding opportunity for an investor, developer, or owner-user in the heart of historic downtown Marble Falls, Texas. This prime corner property is located one block east of Highway 281, directly across from the Marble Falls Visitors Center and the iconic Bluebonnet Cafe. Originally constructed in 1877, the building features two full floors of approximately 2,000 square feet each, plus a third level suitable for open office use and/or storage with 1000 sqft, plus a 3rd floor outside porch area. The site offers excellent visibility with approximately 90 feet of frontage along Avenue G and 150 feet along 2nd Street. Expansion potential exists due to off-site street parking availability and minimal five-foot building setbacks on the southern and eastern property lines. The property is well-suited for professional offices, medical use, retail, or small restaurant concepts or bed & breakfast. Many opportunities await at this Historic site in the heart of Marble Falls.
From Austin: West on Hwy 71, Right on Hwy 281 North(5 miles), Take right on 2nd Street, 1 block east you will see the building on your right.
One block east of Highway 281 and directly across the street from the Marble Falls Visitors Center and the historic Bluebonnet Cafe.
From Austin: West on Hwy 71, Right on Hwy 281 North(5 miles), Take right on 2nd Street, 1 block east you will see the building on your right.
One block east of Highway 281 and directly across the street from the Marble Falls Visitors Center and the historic Bluebonnet Cafe.
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Conditions
Property Type
Building Size
5,300 SF
Building Class
C
Year Built
1887
Price
$1,250,000
Price Per SF
$235.85
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
2,000 SF
Slab To Slab
10’
Building FAR
0.42
Lot Size
0.29 AC
Zoning
Downtown District-DN - Building setback lines 0 feet. Off-street parking provided by City of Marble Falls.
S6130 MARBLE FALLS CITYLOT 11,12,13 AND 10' OFALLEY, BLK 338 ABUT
Parking
12 Spaces (2.26 Spaces per 1,000 SF Leased)
AMENITIES
- Air Conditioning
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PROPERTY TAXES
| Parcel Number | 29729 | Improvements Assessment | $952,659 |
| Land Assessment | $113,148 | Total Assessment | $1,065,807 |
PROPERTY TAXES
Parcel Number
29729
Land Assessment
$113,148
Improvements Assessment
$952,659
Total Assessment
$1,065,807
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VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
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119 Avenue G
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