For Sale
$1,649,000

1206 Main St Blanco, TX 78606

Prime Highway 281 location, high traffic count, multiple income streams.

Overview

Added:
Feb 3
Days on market:
80
This exceptional 1.66-acre mixed-use property in Blanco, Texas presents a rare investment opportunity. Situated on a full city block, the property boasts over 270 feet of frontage on Highway 281, a major thoroughfare with daily traffic exceeding 15,000 vehicles, ensuring unparalleled visibility and accessibility. The property encompasses a 13-unit motel, with nine units fully completed and ready for immediate income generation. In addition to the motel, there are two one-bedroom, one-bathroom apartments and one two-bedroom, one-bathroom apartment, providing further rental income potential. A significant portion of the property also includes a 1,200 square foot flex space, previously occupied by a Subway franchise, and additional office space. The total building size is 9,032 square feet. This versatile property offers a multitude of development possibilities, catering to a range of commercial and retail ventures. Blanco's strategic location, less than an hour from both Austin and San Antonio, places it within one of the fastest-growing regions in the United States, promising substantial future growth and appreciation. This is a unique chance to acquire a substantial, income-producing property in a thriving Texas market. The property also benefits from additional street frontage on 12th and 13th Streets.

Property Details for 1206 Main St

Property type
Mixed-use properties
Square Feet
9,032 SF
Year Built
1988
Lot Size (sq. ft)
72,310 SF

Location Insight

City
Blanco
County
Blanco
State
Texas
Latitude
30.10505
Longitude
-98.41888

FAQs

What type of property is this?
Mixed-use property - Prime Highway 281 location, high traffic count, multiple income streams.
Where is the mixed-use property located?
The property is located at 1206 Main St Blanco, TX.
What is the asking price?
The asking price for this property is $1,649,000.
How can I contact the broker?
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1206 Main St
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