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523 S Esplanade St

Cuero, TX 77954
  • $774,900
  • STATUS: Price Change
  • MLS #: 1642421
Price Reduced
UPDATED: 39 min ago
$774,900
  • 0
    BEDS
  • 0.8
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,788
    SQFT
  • $162
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
2002
County:
Area:

School Ratings & Info

School District:

Description

Smolik's Quality Meats and Barbecue is a very successful multi-generational business being sold turnkey. The annual CAP rate for several years has been in excess of 15%. All fixtures, furnishings, and equipment are included with the sale of the business. Inventory is negotiable. The owner has agreed to provide assistance to the new owner for a smooth transition. A commercial appraisal recently conducted by Stouffer & Associates to determine fair market value can be made available with an acceptable offer. If you are looking for barbecue in Cuero, Smolik's is the "only game in town."

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© 2023 San Antonio Board of REALTORS® All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Lugo Group | Keller Williams Heritage. Last updated 2023-03-25T09:32:47.537.
www.thelugogrouptx.com/homes/133629411
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523 S Esplanade St Cuero, TX 77954

  • Price: $774,900
  • Status: Price Change
  • On Site: Days
  • Updated: 39 min ago
  • MLS #: 1642421
0
Beds
0
Baths
0
½ Baths
0.8
Acres
4,788
SQFT
$162
$/SQFT
2002
Built
Neighborhood:
Cuero
County:
De Witt
Area:
Cuero
School District:
Cuero ISD
Property Description
Smolik's Quality Meats and Barbecue is a very successful multi-generational business being sold turnkey. The annual CAP rate for several years has been in excess of 15%. All fixtures, furnishings, and equipment are included with the sale of the business. Inventory is negotiable. The owner has agreed to provide assistance to the new owner for a smooth transition. A commercial appraisal recently conducted by Stouffer & Associates to determine fair market value can be made available with an acceptable offer. If you are looking for barbecue in Cuero, Smolik's is the "only game in town."
Exterior Features

Construction WoodMetalMetal StructureOther Drive In Doors 0 Foundation Slab Loading Facilities None Lot Dimensions Length 306' Lot Dimensions Width 108' Rail Service No Roof Metal Total Parking 24

Interior Features

Air Conditioning CentralThree+ Central Ceiling Height 10 Heating CentralTotal AreaZoned Office Sq Ft 100 Retail Sq Ft 4448 Warehouse Industrial Sq Ft 200

Property Features

Amenities Exterior LightingHigh Speed INternetInside StorageOutside StoragePublic Restroom Annual Tax 8806 Approx Age 20 Available With Lease No Building Center Name Smoliks Quality Mts & Bbq City Tax 1175 Commercial Type Restaurant/Bar County Tax 1234 Easements ElectricGasWaterDrainageSewer Flood Plain None Gas And Electric 1900 Gross Building Area 4788 Gross Income 686500 Income Expenses Actual Insurance 16495 Lease Only No Maintenance 8000 Monthly Lease 0 Net Operating Income 143881 Other Expense 796 Other Tax 1190 Potential Short Sale No Proposed Terms ExchangeCashConventional Rentals 0 Restrictions None Sale Includes BuildingsLandBusinessEquipmentFixturesOther Sale Rent For Sale School Tax 5207 Total Tax 8806 Utilities ElectricityGasWaterTelephoneSewerCable Tv Utility Supplier Elec City Utility Supplier Garbage City Utility Supplier Gas City Utility Supplier Sewer City Utility Supplier Water City Vacancy Rate Year 0 Waste Removal 208 Zoning C-1

Listing information © 2023 San Antonio Board of REALTORS®.
Listing provided courtesy of James Dawson of Found It Llc: dawson.james@sbcglobal.net, (210) 705-3912.


© 2023 San Antonio Board of REALTORS® All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Lugo Group | Keller Williams Heritage. Last updated 2023-03-25T09:32:47.537.
 
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The Lugo Group | Keller Williams Heritage
2338 TX-1604 Loop #120
San Antonio TX, 78248