Highway 29 Commercial Acreage
Unrestricted income producing property with over 340 feet of frontage on the south side of State Highway 29 near Bertram, TX. Located in the fast-growing area of eastern Burnet County with the most significant growth occurring along highway 29. The Hometown Watering Hole bar and grill is located on the property. The bar is currently leased thru December 31st of 2023, is run by the lessee and generates monthly lease income. As per Burnet CAD, the bar was built in 2008 and includes a main area of 5301 sqft, a storage area of 960 sqft and a concrete patio and porch.
The property also includes a 3,000 sq ft (as per owner), 3 bedroom, 3 bath home with ample storage and large concrete patio area. The home needs some cosmetic work.
There are many additional potential commercial uses for this unrestricted property, such as RV park, storage units, RV and boat storage, industrial, retail, etc. Currently under 1-d-1 Ag appraisal held with cattle for low property taxes and low holding cost.
Location: 2.5 miles east of Bertram, 7.5 miles west of Liberty Hill and 40 miles north and west of downtown Austin, TX