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20720665
24696017

204 S Austin St, Seguin, TX 78155

RP
TX 9011168
Collab-RT Realty LLC
Listed by Collab-RT Realty LLC
$898,000
587 days on market
Updated 37 days ago

204 S Austin St

Details
APN 27961
Property Type Mixed Use, Office (+1)
Sub Type Creative Office, Executive Office (+1)
Square Footage 3,644
Net Rentable (SqFt) 4,954
Cap Rate 5.57%
NOI $50,000
Tenancy Multi
Lease Type Gross
Broker Co-Op Yes
Year Renovated 2020
Buildings 1
Stories 2
Lot Size (SqFt) 0.1
Investment Type Owner/User

Beautifully Renovated Older Building with a Balcony Across From Seguin's Courthouse

Marketing description

Prime Downtown Location: The Rise is situated at 204 South Austin Street, right in the heart of Seguin. This central location provides excellent visibility and accessibility for customers.

New Roof: A new roof was just completed giving the buyer a fresh start with the reassurance and protection of a new roof.

Historical Charm: The building exudes historical charm with its industrial design. The exposed brick walls, high ceilings, and large windows create a unique atmosphere that can be leveraged for a trendy bar or restaurant.

Open Concept Floor Plan: The open layout allows for flexible interior design. Buyers can easily configure the space to accommodate a bar area, dining section, and perhaps even a stage for live music or events.

Conference Room: The property features a spacious conference room that can hold up to 20 people. This room could be repurposed as a private dining area or used for hosting special events.

Private Desk Spaces: Upstairs, there’s an exclusive area with private, dedicated desk spaces overlooking Austin Street. This could serve as a VIP lounge or a cozy corner for patrons.

Balcony: The private desk space also includes a balcony, perfect for outdoor seating or a rooftop bar. Imagine guests enjoying drinks with a view!

Refreshment Center: The shared space offers a refreshment center with coffee and snacks. Buyers could enhance this area to create a cozy café or barista station.

Networking Opportunities: The coworking environment fosters networking. Buyers can leverage this community to attract regulars and build a loyal customer base.

Soundproof Pods: The Rise has private, soundproof pods—ideal for creating intimate dining booths or themed seating areas.

Tech-Ready: With WiFi, TVs, and printing facilities, the infrastructure is already in place for a tech-savvy establishment.

In summary, The Rise Coworking Offices offer a blend of history, flexibility, and community—a perfect canvas for transforming into a vibrant bar or restaurant. Buyers can capitalize on the prime location and unique features to create a memorable dining experience. ??

Investment highlights

Incredible location across from Seguin Court House

Newly Renovated in 2020

All Kitchen hookups present and ready for a functioning restaurant/bistro/coffee shop to be added

Currently use for monthly office space rentals to pay for itself

Listing Contacts

RP
TX 9011168
Collab-RT Realty LLC
Listed by Collab-RT Realty LLC

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Loan Amount
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Annual Debt Service
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Annual Cash Flow
$50,000.00
$4,166.67/mo

Valuation Metrics

0
DSCR
5.57%
Cap Rate
5.57%
ROI

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