101 W Huebinger St - Restaurant FOR SALE


Marion, TX 78124
$1,245,000 USD
830-500-3787
101 W Huebinger St, Marion, TX for Sale
$1,245,000 USD
Restaurant - FOR SALE
1/19
null | Request Cap Rate

101 W Huebinger St
Marion, TX 78124


HIGHLIGHTS

  • Great revitalization project as a destination development property in the "heart" of Marion
  • Encompasses 6 city lots or 3/4 of a city block
  • Many possibilities for revitalization and/or re-development
  • Easy to re-parcel the lots given the road frontage along three roadways
  • Sandwiched between Marion Highschool and the City Park
  • Expansive growth in the area, minutes from Schertz, Cibolo, New Braunfels and Seguin

OVERVIEW

SVN | Traditions is pleased to be bring to market the unique opportunity to own a property in the heart of Downtown Marion, Texas, with the Seller offering an owner financing option. Long operated as the well-known Schulz Nursery that attracted customers from all over the county, the property most recently served as a mixed-use attraction. A Subway Restaurant occupied the building at the corner of W. Huebinger and S. Center Street, flanked by a gazebo and live music bandstand overlooking the beer garden and bar, with a building hosting a set of men's and women's restrooms. Adjacent and west of the bar and bandstand, are a series of structures for coved areas and greenhouses. There is a former residence used as an office and two metal, light industrial buildings offering storage or other complimentary uses. The property is comprised of six city lots, each fronting both W. Huebinger and W. Otto, essentially encompassing 3/4 of a city block. Numerous possibilities to include a mixed-use destination with beer garden and bar, live music venue, restaurant or could be brought back to life as a nursery. An investor could lease buildings to multiple tenants, or partition the individual lots by selling off as seen fit. With the emerging market characteristics in the area, the property could be leased for income generation over the interim as a covered land play, putting a buyer in position to re-develop the site in the future, as warranted by demand.

FOR SALE DETAILS

PRICE

$1,245,000 USD

PRICE/SF

$117 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Opportunistic/Value-Add, Seller Finance Avail

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Bar, Storefront, Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1983

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.07 AC

LAND SF

3,006 SF

ZONING

C-1

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Travis TaylorSVN | TraditionsMore Info
830-500-3787

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Travis TaylorSVN | TraditionsMore Info
830-500-3787

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.