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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
Iconic restaurant on 2.24 acres with a music venue permitted up to 2000 people by the City of Georgetown. Restaurant has a great U-shaped bar, commercial kitchen some furniture, fixtures, walk in freezer, walk in refrigerators. Music venue outside is covered with beautiful oak trees and has a stage, long cement bar, furniture and another bar/building for events. Also on the property is a 1360 square foot brick house included. This property has many possibilities and has to be seen to understand the potential. One-of-a-kind property!!! Days on market reflect time listed with an adjacent property before they were split up.
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
Parking
75 Spaces (14.73 Spaces per 1,000 SF Leased)
Nearby Major Retailers
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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