The Old Annex | 200 N Ave G
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The Old Annex 200 N Ave G
11,100 SF Vacant Flex Building Johnson City, TX 78636 $2,338,825 CAD ($211 CAD/SF) 8% Cap Rate
Investment Highlights
- Downtown Johnson City on the Square
- Room for Growth / Expansion
- Cash Flowing Property
Executive Summary
Downtown Johnson City opportunity consists of not only multiple retail and office spaces, but also an outdoor oasis that can accommodate up to three food trucks. This cash flowing property is situated directly across from the Blanco County Courthouse on the square in Johnson City where the retail and dining atmosphere is growing stronger every day. Sitting on a huge 0.61 acres on the corner of N Avenue G and E Pecan Drive, the complex contains a whopping 11,100 square feet of retail and office space. The Main building currently houses multiple retail businesses as well as several private offices while still providing additional room for growth. Directly behind, and connected to the main building, is the adorable and successful sandwich and coffee shop known as The Jittery Biscuit. Next in line in the property lies 'The Vendor Market' which is currently filled with booths of various Hill Country goods for sale. This giant open building has huge barn doors that can open to enjoy the outside at the best times of the year. One of these doors leads directly to the large covered eating and seating area, complete with restroom, that overlooks the parking and food truck service for three. Bring your imagination to take this already cash flowing property to the next level. Create a live music venue serving food, wine and beer to enhance the night life of downtown Johnson City!
Property Facts
Amenities
- 24 Hour Access
- Air Conditioning
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PROPERTY TAXES
| Parcel Number | R84703 | Improvements Assessment | $1,825,493 CAD |
| Land Assessment | $259,762 CAD | Total Assessment | $1,429,448 CAD |
PROPERTY TAXES
Parcel Number
R84703
Land Assessment
$259,762 CAD
Improvements Assessment
$1,825,493 CAD
Total Assessment
$1,429,448 CAD
zoning
| Zoning Code | Commercial (Commercial zoning in Downtown District. Currently zoned and permitted by the city as a food court.) |
| Commercial (Commercial zoning in Downtown District. Currently zoned and permitted by the city as a food court.) |
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The Old Annex | 200 N Ave G
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