112 Burnet StLlano, TX 78643
- Other commercial real estate
- 3,438 SF
Property Details for 112 Burnet St
- Year built
- 2011
- Lot size
- 0.54 AC
- Property size (Sq ft)
- 3,438 SF
- Property type
- Other commercial real estate
- APN
- 28179
- APU
- 28179
Description
This exceptional 4,900 square foot property, located at 112 E Burnet St in Llano, Texas, presents a unique investment opportunity. Situated on a 0.54-acre lot in the historic Llano Rail Yard District, this meticulously renovated building boasts the charm of a historic bed and breakfast, the elegance of a wedding venue, and the potential for additional revenue streams as a wine tasting room and live music venue. The property offers breathtaking views of the Llano River, bridge, and courthouse, enhanced by a landscaped terrace backyard. Since its reopening in February 2022, the property has undergone extensive renovations, blending vintage glamour with modern amenities. Fully furnished and equipped, it's ready for immediate operation. The property's proven track record includes hosting weddings, reunions, and other events, with bookings secured well into 2025, ensuring a steady income stream for the new owner. This is a chance to own a piece of Llano history and capitalize on its established success in the thriving tourism market. The property's prime location and versatile functionality make it an ideal investment for those seeking a turnkey operation with significant income potential. Priced at $1,150,000.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $1,180,713
- Hospitality
- $1,081,526
- Educational
- $899,817
- Medical
- $930,763
- Retail
- $1,399,716
Location Insight
- City
- Llano
- County
- Llano
- State
- Texas
- Latitude
- 30.7541
- Longitude
- -98.6742
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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