950 Cr 227, Hico, Texas 76457

$1,750,000
List Price
$1,750,000
Price Change
▼ $15,752,000 1707189817
MLS#
20528669
Status
ACTIVE
Type
Commercial
Year Built
1999
Construction Status
Preowned
Acres
32.58
County
Hamilton
City
Hico

Property Description

VERSATILE! NO RESTRICTIONS! Between Stephenville, Hamilton, Meridian & Gatesville. Beautiful oak trees. Retreat center w chapel & RV park - continue or could be event center, conference center, hunting lodge, expanded RV park, gun range, golf driving range, any combination. LODGE: rustic w 7501sf, sleeps 45 in 13 sleeping rooms w 9.5 baths. 5 other-offices, workspace, storage, etc. Commercial kitchen adj to gathering dining room w 2 FP & serving bar. 2nd kitchen in gathering space w huge dining table, 2 FP, coffee bar & room to visit. Laundry w multiple W&D. Deck to rear shaded by huge oak tree. CHAPEL or EVENT ROOM (blt 2019): 1800sf of mostly open space w stage, tall ceiling, strg & office. Seats app 100. RV PARK: full HU-10 RVs (4-50amp, 6-30amp) rstrm bldg w showers, laundry bldg, cvrd outdoor area. Ask Realtor for list of the FF&E that do not CONVEY. Roofs June 23. Well pump Jan 24. 6 HVACs. Due to business being church-related, income is not what typical owner could expect.

Additional Information

Gross Annual Expenses
58500
Gross Annual Income
225000
Tenant Pays
None
Lot Size
1,419,184
Acres
32.58
Lot Description
Acreage, Level, Many Trees, Oak, Pasture
Subdivided
No
Handicap Yn
Yes
Flooring
Concrete, Tile, Vinyl
Foundation
Slab
Roof
Composition, Metal
Building Stories
1
Walls
Other
Ceiling Height Type
8 to10 Feet, 11 to 14 Feet, More than 20 Feet
Street Utilities
Electricity Connected, Septic, Well, No City Services
Heating Cooling
Central, Fireplace(s), Wood Stove
Construction Material
Rock/Stone, Siding, Stone Veneer
Parking Garage
Attached Carport, Open, Outside, RV Access/Parking
Road Frontage Desc
County Road
Possession
Closing/Funding
Building Sq. Ft.
9501
Number of units
7
Leasable Sq Ft
9501
Business Name
Tri Rivers Baptist Area
Building Use
Other
Possession
Closing/Funding

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Melanie Kirchmeier from Century 21 Bill Bartlett. Contact: 254-947-5050