3999 State Highway 16 S, Bandera, TX

$3,250,000

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4.50

Acres

About 3999 State Highway 16 S

The CrossRoads Valero Convenience Store, Gas Station, 5-Bay Self Serve Carwash with Retail, Office and Courtyards is being placed on the market after 3-years of extensive renovations by the current Owners. The property was branded with a new Valero Lighted Canopy with new Wayne Dispensers and Valero signage. Building interiors have been completely updated with new sheetrock, foam insulation and C-store cooler has been renovated and converted to new cooling system. The 5-Bay Coin Operated Self-Serve Carwash has been completely upgraded with new pumps/hoses and offers heated water, reverse osmosis and water softener with storage for the best wash quality in the area. The vacuum canopy was replaced and new vacuums installed in 2022 as well as security monitoring. There is a separate brick building comprising 1,200sf and is leased on a 3-year term with escalations to a local Plumbing Company with additional land being occupied by an Equipment Rental Company. This is an excellent opportunity to purchase a cash-flowing property as an Owner/Operator or an addition to an existing Convenience Store portfolio.

Features of 3999 State Highway 16 S

MLS® # 1750365
Price $3,250,000
Remarks $The CrossRoads Valero Convenience Store, Gas Station, 5-Bay Self Serve Carwash with Retail, Office and Courtyards is being placed on the market after 3-years of extensive renovations by the current Owners. The property was branded with a new Valero Lighted Canopy with new Wayne Dispensers and Valero signage. Building interiors have been completely updated with new sheetrock, foam insulation and C-store cooler has been renovated and converted to new cooling system. The 5-Bay Coin Operated Self-Serve Carwash has been completely upgraded with new pumps/hoses and offers heated water, reverse osmosis and water softener with storage for the best wash quality in the area. The vacuum canopy was replaced and new vacuums installed in 2022 as well as security monitoring. There is a separate brick building comprising 1,200sf and is leased on a 3-year term with escalations to a local Plumbing Company with additional land being occupied by an Equipment Rental Company. This is an excellent opportunity to purchase a cash-flowing property as an Owner/Operator or an addition to an existing Convenience Store portfolio.
Acres 4.50
Year Built 2005
Type Commercial
Status Active Option
Housing Type Other - See Remarks

Community Information

Address 3999 State Highway 16 S
Area 2400
City Bandera
County Bandera
State TX
Zip Code 78003

Amenities

Utilities Electricity, Gas, Telephone, Septic, Water
Parking Spaces 50

Interior

Heating 3 Units, Central, Other, Panel
Cooling Three+ Central, Central, Individual Meters, Other
# of Stories 2.0
Stories 2

Exterior

Roof Metal
Construction Brick, Metal, Metal Structure, Other, Rock/Stone Veneer, Steel Frame
Foundation Slab

School Information

District Bandera Isd

Additional Information

Date Listed February 8th, 2024
Days on Market 615
Zoning NONE
Short Sale No

Listing Details

AgentJerrett Lamb
OfficeJVL Real Estate

Listing Map

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