A rare opportunity to purchase a family owned/operated 50 year established business with optimal highway frontage in the Highland Lakes area alongside Lake LBJ. Lake LBJ Marineland is an iconic landmark, nestled right in the heart of Lake LBJ. With nearly 8 total acres of improved property and over 400 feet of total water frontage, the opportunities for growth are limitless. 8 buildings/equipped repair shops, retail sales, parts warehouse and boat storage - this premium location is a one stop shop for any consumer. The main building (13902 FM 1431) holds the office spaces, conference rooms,parts department and retail sales. There are deeded boat slips and day docks on the west side of the main building. Across CR 132B (1000 CR 132B) is an additional sales workshop that is fully fenced and gated. On the opposite side of FM 1431 (13915 FM 1431), you'll find several watercraft repair shops, a marina and boat launch - all fully fenced and gated. Also included in this sale is a 4,000+ SQFT work shop on 3+ acres, just down the road in Granite Shoals. All four properties are located right on FM 1431 - offering high traffic with optimal exposure. The land, main buildings, out buildings, work shops, boat slips, and owned inventory convey along with the business. The new owner will have the option to purchase an additional $2M worth of unowned inventory that can be assumed at closing - must qualify. Lake LBJ is the largest constant level lake not only in Texas but the country. This is a thriving area to invest in!
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Property Details
Measurements
Waterfront Sqft:419
Construction Details
Type & Style
Property type:Purchase
Condition
Year built:2000
Community and Neighborhood Details
Location
County:Burnet
Other
Source
MLS #:163277
Location
Legal
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Last Updated: . Source: HLARTX
Listing Courtesy Listing Agent: Kristen Ribera(#12302), Email: kristen@mytexashomebroker.com Listing Office: My Texas Home Broker (#961)