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- LoopNet Team
1639 W US Highway 290
Fredericksburg, TX 78624
Smoke Depot · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Established 23-year iconic store ideally located 5 minutes from downtown Fredericksburg
- Positive year-over-year cash flow with opportunity to for additional income with former barrack and apartment
- Eye-catching signage and approximately 180 feet of U.S. Hwy 290 road frontage
PROPERTY FACTS
AMENITIES
- Fenced Lot
- Freeway Visibility
- Pylon Sign
- Security System
- Signage
- Drive Thru
- Air Conditioning
ABOUT 1639 W US HIGHWAY 290 , FREDERICKSBURG, TX 78624
Property Details: - Zoning: Unrestricted (ETJ) - # Units 6 - Parking: 10 Surface - Lot size: .62 AC - Total Sq. Ft.: Approximately 3,211 Property Features: - Two-story building on wooded lot - Prime location and visibility, including +/- 180 feet of Highway 290 frontage - +/- 90 SF walk-in humidor - +/- 1,401 SF retail/commercial store - +- 500 SF efficiency apartment - +/- 720 SF former barrack, pus 590 SF storage - Outside of city limits, within ETJ Investment Highlights: - 23-year, well established business has yielded positive cash flow year over year - Walk-in humidor sells large variety of premium cigars - Convenience store offers beer, wine, ice, sundries and novelties - Efficiency apartment above the store provides owner/operator with additional rental income options - Former barrack may be updated to rental living quarters, commercial/retail or used as storage - Upon receipt of an NDA and proof of funds, financials are available
PROPERTY TAXES
| Parcel Number | 20799 | Improvements Assessment | $45,800 |
| Land Assessment | $68,940 | Total Assessment | $114,740 |
PROPERTY TAXES
