$2,150,000
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2 Acres Lot
SOLD DATE : 06/23/2022
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Subdivision Marble Falls City
MLS Listing ID 3885004
Sold Date 06/23/22
Originating Board actris
Year Built 1701
Tax Year 2020
Lot Size 1.996 Acres
Property Description
99 Main Street Marble Falls Texas is a fully entitled 100 unit condo project. This 2-acre multi-family mixed-use opportunity is a corner property on Yett and Main Street in the heart of the downtown. Adjacent to Lakeside Park on Lake Marble Falls and 1 block from Hwy 281 with a 32,000 daily traffic count. Across the street from the future $30,000,000 boutique Hotel Conference Center. Revitalized downtown of shops and restaurants on Main Street, Marble Falls hospitality has outperformed the state by 50% in 2020 (per EDC). Downtown Zoning = 0 lot lines and 100% impervious coverage. Utilities in place and ready to take advantage of the recent and projected future growth of Marble Falls with 4,000 new rooftops planned for 2021. Seller is a licensed Real Estate Broker in the State of Texas.
Location
State TX
County Burnet
Zoning Downtown
Interior
Heating None
Cooling None
Flooring See Remarks
Fireplace N
Exterior
Utilities Available Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
Waterfront No
View City, Downtown, Hill Country, Lake, River
Accessibility None
Parking Type None
Building
Sewer Public Sewer
Water Public
Structure Type None
New Construction No
Others
Restrictions City Restrictions,Deed Restrictions,Zoning
Acceptable Financing Cash, Conventional, 1031 Exchange, Owner May Carry
Tax Rate 2.2021
Listing Terms Cash, Conventional, 1031 Exchange, Owner May Carry
Special Listing Condition Standard
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Bought with Non Member