902 Main St - Hospitality FOR SALE


Blanco, TX 78606
$1,950,000 USD
512-709-8233
902 Main St, Blanco, TX for Sale
$1,950,000 USD
Hospitality - FOR SALE
1/34
null | Request Cap Rate

902 Main St
Blanco, TX 78606


HIGHLIGHTS

  • Located in Main HWY 281
  • Quiet and all natural lightning
  • Well manicured landscape, zero scaped
  • Heavy daytime foot traffic
  • Aesthetic looks with various murals
  • Large lawn area - Front & Back

OVERVIEW

Escape the city to your own boutique motel in the Texas Hill Country! This property features 17 Rooms, an office, a lounge and has undergone in extensive renovations. It is in the path of explosive growth on HWY 281, just 5 blocks from the bustling and lively downtown square of Blanco, TX and within walking distance to Real Ale Brewing, Milam & Greene Whiskey, and Oro Bianca Gelato. The property boasts several unique characteristics; completely remodeled buildings, professionally landscaped green spaces, and designer curated interiors. There is also retail space in the front; coffee shop, bakery, flower shop, etc. The venue space and motel landscape grounds encompass 0.98 acre and offer excellent visibility off the main highway. The modernized property is positioned to benefit from the area's strong growth and is a turnkey set up. There is an additional parcel behind this with a remodeled owner's quarters the owner will sell for a combined total of 1.74 acres, an entire city block. Built 1936, 1986 per BlancoCad and Remodeled in 2023 & 2024. Broker owner.

FOR SALE DETAILS

PRICE

$1,950,000 USD

PRICE/SF

$358 USD /SF

# OF ROOMS

17

PRICE/ROOM

$114,706 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Blanco County Inn

PROPERTY TYPE

Hospitality

ADD'L SUBTYPES

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TOTAL BUILDING SIZE

-

STORIES

1

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1932

PARKING SPACES

22

LAND DETAILS

LAND ACRES

0.98 AC

LAND SF

42,689 SF

ZONING

C

APN/PARCEL ID

R1602

ASK ABOUT THIS PROPERTY

Mike ColaninniEXP Marketing Group, Inc.More Info
512-709-8233

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Mike ColaninniEXP Marketing Group, Inc.More Info
512-709-8233

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