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1515 N Interstate 35 5,092 SF Retail Building Georgetown, TX 78628 $3,500,000 ($687.35/SF)



INVESTMENT HIGHLIGHTS
- Standalone restaurant on North IH 35 with access from service and Old Airport Road with a music venue permitted for up to 2000 people.
EXECUTIVE SUMMARY
The restaurant has an indoor stage, an outdoor stage, an outdoor music venue with a permitted 2000 person capacity, and two outdoor bars. In addition, the 5,092 square foot restaurant has a full commercial kitchen, billiards room, U shaped bar, walk in refrigerator, walk in freezer, & several storage rooms. A 1360 square foot brick house is also included on the property. There is frontage across the front on the access road of IH 35 and across the back along Airport Road providing easy access to parking lots. The property is just South of the new Costco in Georgetown. Williamson County is one of the fastest growing counties in Texas.
See attached survey. This old survey does not show the current restaurant on the 2.24 acres which includes the .6605 acre piece, the .3602 acre piece and the 1.2227 acre piece on the survey. The remaining 1.9729 acre piece on the survey has a 12,000 square foot warehouse on it and is also for sale for $2,500,000.
See attached survey. This old survey does not show the current restaurant on the 2.24 acres which includes the .6605 acre piece, the .3602 acre piece and the 1.2227 acre piece on the survey. The remaining 1.9729 acre piece on the survey has a 12,000 square foot warehouse on it and is also for sale for $2,500,000.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
5,092 SF
Building Class
B
Year Built
2009
Price
$3,500,000
Price Per SF
$687.35
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
2.20 AC
Zoning
F1, C1 - Restaurant/music venue
PROPERTY TAXES
| Parcel Number | R039645 | Improvements Assessment | $1,398,195 |
| Land Assessment | $909,128 | Total Assessment | $2,307,323 |
PROPERTY TAXES
Parcel Number
R039645
Land Assessment
$909,128
Improvements Assessment
$1,398,195
Total Assessment
$2,307,323
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Presented by
Fox Realty
1515 N Interstate 35
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