Rare Live/Work or Investment Opportunity in the Heart of Antiquing Country!
Incredible, unique opportunity to own and live the dream of running your own antiques or other retail business in the bustling 290 corridor! Nestled in the heart of antiquing paradise–minutes from Round Top, Giddings, Bastrop, Smithville—located between Houston and Austin, this busy 290 location gets significant traffic (2012 annual average daily traffic counts were 12,900, but have increased significantly).
First, whether you want to run the show or work collaboratively with others, the public shop space gives significant options.
The shop in the front—currently an antiques and salvage business, but ready for any type of retail— is approximately 1,800 sf on the main floor, plus separate, recently built areas (400 sf finished out and just over 550 sf ready to be finished), plus the courtyard and outdoor areas. Run your own antiques/salvage/Texana business or rent out booths—the interior has space for approximately 28 booths (market rates of $200/month plus 10% of sales), the exterior for 6 covered spaces ($75/month plus 10% of sales), 6 uncovered ($50/month plus 10% of sales), a larger exterior space of approximately 425 sf ($150/month plus 10% of sales) and the 400 sf “barn” ($500/month plus 15% sales). Rent them all, or save some for selling your own treasures.
The property’s location at the crossroads of several state highways running to Houston, Round Top, Giddings, Bastrop, Smithville, Houston, and Austin, combined with the addition of a recent turn lane allowing access to the corner property, make it a popular stop for treasure hunters and sellers alike. This price includes all inventory owned by the seller to get your business up and running (inventory owned by vendors renting spaces not included). The Website, Facebook and Instagram accounts for White Morpha will also be transferred, so you can capitalize on the momentum that has already been built.
The possibilities are limitless.
Second, the amazing and unique living space.
This gorgeous private space was recently transformed with reclaimed wood and corrugated metal, handcrafted fixtures, and antiques into a dream of a rustic yet sophisticated hideaway. Every detail has been lovingly and carefully attended to, creating a unique and comfortable space. Live there full time, rent it full time, or use it as your own vacation getaway and rent it out for nearby events (could sleep up to 6 and recent rates on Air BNB show comparable rentals for up to $125 a night during the nearby and much celebrated fall and spring Round Top Antique Shows and Sherwood Forest Faire. Seller will consider selling all furnishings in the apartment.
Third, the land. Over 1/2 an acre with street access from 290, Dallas St. and a back alley allow multiple uses for land in future – currently fully fenced. Add to your retail business or add parking. The sky’s the limit.
You will love the authentic Texas feel of this truly one-of-a-kind building, while you appreciate its great location.
You will have access to state parks, including Bastrop, Beuscher State Parks and the trails and amenities of Lake Somerville State Park and Trailway; Bastrop, Summerville, and Fayette Lakes; the lively towns of Bastrop, Smithville , Round Top , and Austin ; and an easy drive to/from Austin-Bergstrom International Airport.
Paige itself is an unincorporated community in Bastrop County, Texas, and has its own post office and a few local favorite restaurants, including the Roadhouse and the Ice House. The property is not subject to municipal restrictions, including zoning, although the County and State regulations apply.
- Price: $560,000, includes all inventory owned by seller (but not booth rental vendors); seller will consider selling the apartment furnished
- Address: 3864 E US 290, Paige, Texas 76574
- County: Bastrop
- Type: Commercial
- 1 Story Stand Alone – total of 3 buildings with road frontage on 3 sides
- Gross Bldg Sqft: 2848 (per owner)
- Current Building Use: Residential, Retail
- Parking: Lot, on street
- Land Description: Corner Lot
- Brand New (Jan. 2017) Aerobic Septic System
- Traffic Count: 12,900 VPD (TXDOT 2012)
- Projected base rental income without sales percentage of $8,000/month
Contact us for more information!