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Bitkower Real Estate & Management
229-B Waggoman Rd
Kerrville TX 78028
(830)257-6592 Office
(830)896-8886 Fax
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Listing Details
MLS Number: 108376
List Price: $6,690,000
Property Type: Other Commercial
Street #: 10219
Address: Hwy 290
City: Fredericksburg
State: TX
Zip Code: 78624
Subdivision: None
Elementary School-Buyer to Verify: Fredericksburg
Full Baths:  
Half Bath:  
City Limits: No
County: Gillespie
Apx Acreage: 26.9
Lot Size: 26.9 Acres
Gas Supplier:  
Sewer Supplier: Septic
Electric Supplier: CTEC
Garbage Supplier: Private
Water Supplier: Well
# Buildings: 18
# Stories: 2
Total Parking:  
Ceiling Height:  
Road Frontage: 1000 + ft
Foundation Size:  
Loading Dock:  
Overhead Doors:  
Current Use: 2 wine, 8 STR, 1 Residence
Avg Annual Gross Income:  
Avg Annual Gross Expenses:  
Building/Center Name: Mendelbaum Cellars & Inwood + others
Total # Units: 12
Net Leasable Area:  
Apx Office SqFt: 0
Apx Retail SqFt: 12506
Apx Warehouse SqFt: 0
Apx Lvg Area SqFt: 2149
Apx Other SqFt: 3851
Construction/Exterior: Rock Veneer, Stucco
Roof: Metal, Tile
Roof System: Other-See Remarks
Attic: Other-See Remarks
Foundation: Slab
Floors: Tile, Other-See Remarks
Heat: Central
Air Conditioning: Central
Water: Well
Gas: Propane
Other Utilities: Cable Available, Electricity Connected, Garbage Service-Private, Phone Available
Disability Access: Handicap Parking
Amenities: Exterior Lighting, Inside Storage, Outside Storage, Restroom-Private, Restroom-Public, Security System, Other-See Remarks
Sale Includes: Building(s), Business, Fixtures, Furniture, Inventory, Land, Other-See Remarks
Lease Includes: None
Parking Capacity: 51+
Water Features/Location: Creek-Year Round, Water On Property, Waterfront
Topo/Land Desc: Ag Exempt, Exceptional View, Flood Plain, Horse Property, Level, Open, Partially Wooded, Other-See Remarks
Access: State Road, Highway
Listing Office: Fore Premier Properties (#:2092)
Listing Agent: Laura Fore (#:675)
Remarks: Apx 27 ac prime investment opportunity in the heart of the Texas Hill Country Wine Trail, 1000’+ US Hwy 290 frontage & 1100’+ Grape Creek frontage on the eastern border for stunning year-round view. 15 ac suitable for agricultural use w/1 ac reserved for planted grape varietals. 26.9 acres have irrigation sys. Ag exemption. 2 billboards on Hwy 290 & ample car & bus parking. Space for expansion. Fenced pastures avail for horses & livestock. Improvements inc: 5981 sf winery, tasting room & bistro leased to Inwood Estates Vineyards, 2400 sf renovated tasting room & 3196 sf luxury venue leased to Mendelbaum Cellars, 6 STR cabins, 2 STR apartments & a 2149 sqft 2-story STR, plus storage & outbuildings. 2 wells (1 lg capacity state permitted public water supply), stock tank & 4 septic sys (2 state lic comm’l sys). Sale inc: profitable Mendelbaum Cellars business, consulting contract, imported & TX wine supply, all nec appliances, fixtures, equip & furniture for business & STRs. Partnering & owner finance options avail. Unmatched potential for growth in an area w/rapidly growing populations, just 9 miles from Fredericksburg city limits & convenient access (1hr) to Austin & San Antonio.
Additional Remarks:  
Listing Office Name: Fore Premier Properties
Listing Office Phone1: (M) (830) 257-4000
Buyer should independently verify taxes, accounts, acreage amount, minerals, zoning restrictions, easements, schools, square footage, room sizes and any other information as deemed necessary.