4,925 SqFt
4,925 SqFt
Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
Square Footage 4,925 sqft
Subdivision Muenster
MLS Listing ID 21357431
Total Fin. Sqft 4925
Year Built 1920
Annual Tax Amount $6,065
Lot Size 304 Sqft
Acres 0.007
Property Sub-Type Business
Property Description
Fully stabilized mixed-use property with long-term commercial lease in place (May 2028)
Fully automated operational systems for short-term rental will transfer to new owner
Dependable cashflow in an affluent submarket
Premier location next to current & future development lends itself to significant near-term value appreciation
•Brewery-Bar
•Hospitality - Restaurant
•Historic Character
Phase I focused on converting second floor into a short-term rental (STR) loft
Installing master suite (tying into existing plumbing lines from current bathrooms)
Full 2nd bath
Kitchen
Laundry hookups for washer & dryer
Murphy bed & foldable futon-sofa
Phase II focused on cosmetic updates to biergarten and restaurant area.
Installing new décor and furnishings to modernize the feel of the space
Addressing any insulation issues due to previous work on biergarten enclosure
Updating plumbing and electric
Installing new mini-split
Rehab to restaurant included: Updating plumbing and electric, as needed (especially kitchen)
Adding security doors and electronic locks to separate venue, restaurant, and STR spaces
Entire gut of upstairs Loft & replacing with modern amenities and full furnishing. Original rafters, hardwood floors, and windows remain (2022)
Renovation of Commercial Space & Biergarten (2022-2024)
New sprinkler system throughout building, monitored (2023)
New fire escape on outside of building (2023)
New security doors for commercial space (2023)
New cooling unit on kitchen walk-in cooler (2023)
New motor and belts in vent-a-hood system (2024)
New 3-ton mini-split in Biergarten (2024)
Electrical upgrade to fire suppression system in kitchen (2025)
New 5-ton Trane 3 phase split system, additional 2-ton mini-split (2025)
Location
State TX
County Cooke
Zoning COM -
Direction From US 82 in Muenster head north on FM 373 (Main Street) Building is on the left (West) side of Main street
Interior
Heating Central, Electric
Cooling Electric
Flooring Ceramic Tile, Combination, Concrete, Wood
Heat Source Central, Electric
Exterior
Utilities Available Cable Available, City Sewer, City Water, Concrete, Curbs, Phone Available, Sidewalk
Roof Type Metal,Mixed
Accessibility Accessible Approach with Ramp
Garage No
Building
Lot Description Interior Lot, No Backyard Grass, Other
Foundation Slab
Structure Type Block,Brick
Others
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21357431
Nearby Locations
Top 1% Real Estate Team in Texas
Over $2 Billion in Total Sales