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200 S Magdalen St - Old Central Firehouse 12,192 SF Specialty Building Offered at $2,188,288 CAD in San Angelo, TX 76903
Investment Highlights
- Positioned in Downtown San Angelo, allows for exceptional visibility, walkability, and proximity to many shops.
- This Property is located in the south TIRZ area, allowing owners to qualify for up to $75,000/year for specific improvements to the property.
Executive Summary
A rare and historic investment opportunity in the heart of Downtown San Angelo is now available. Old Central Firehouse, which houses the award-winning Old Central Firehouse Bed & Brew, is an adults-only, five-bedroom boutique bed-and-breakfast that has earned accolades for its charm, comfort, and unique experience. The expansive ground floor (over 6,500 sq ft of recently restored open space) is currently occupied by Old Central Firehouse Pizzeria & Taproom. The pizzeria and taproom business and equipment are not included in the sale. The space will be delivered vacant at closing, offering a blank canvas for the new owner to create their own signature restaurant, bar, retail concept, event venue, or additional lodging. Ideal for an investor or operator seeking a proven boutique inn with established cash flow paired with expansive ground-floor redevelopment potential, or a visionary ready to shape one of San Angelo’s most beloved historic icons.
Property Facts Under Contract
| Price | $2,188,288 CAD | Building Class | B |
| Price Per SF | $179.49 CAD | Lot Size | 0.43 AC |
| Sale Type | Investment | Building Size | 12,192 SF |
| Property Type | Specialty | No. Stories | 2 |
| Property Subtype | Police/Fire Station | Year Built/Renovated | 1929/2019 |
| Zoning | Central Business District - San Angelo's Central Business District (CBD) is its vibrant, historic downtown area along the Concho River | ||
| Price | $2,188,288 CAD |
| Price Per SF | $179.49 CAD |
| Sale Type | Investment |
| Property Type | Specialty |
| Property Subtype | Police/Fire Station |
| Building Class | B |
| Lot Size | 0.43 AC |
| Building Size | 12,192 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1929/2019 |
| Zoning | Central Business District - San Angelo's Central Business District (CBD) is its vibrant, historic downtown area along the Concho River |
Amenities
- Wheelchair Accessible
- Air Conditioning
- Smoke Detector
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Moderately walkable
60/100
Moderately drivable
70/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | 05-18050-0001-001-00 | Improvements Assessment | $1,229,996 CAD |
| Land Assessment | $202,335 CAD | Total Assessment | $1,432,330 CAD |
Property Taxes
Parcel Number
05-18050-0001-001-00
Land Assessment
$202,335 CAD
Improvements Assessment
$1,229,996 CAD
Total Assessment
$1,432,330 CAD
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200 S Magdalen St - Old Central Firehouse
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