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LOCATION:	501 E Wallace AND 507 E. Wallace Street (Hwy. 190)
PROPERTY TAXES:	501 E. Wallace - $1788.54 for 2009 taxes 507 E. Wallace - $1757.14 for 2009 taxes
PRICE:	PRICE REDUCED TO $450,000 TOTAL 501 E. Wallace - $255,000. 507 E. Wallace - $235,000
TERMS:	Cash or third party financing.
APPROX. DIMENSIONS:	501 E. Wallace – 29’ x 120’ Bldg. 2912 sq.ft. 507 E. Wallace – 26’ x 120’ Bldg. 2900 sq.ft.

The owners of two historic store buildings located across the street from the San Saba County Courthouse never dreamed their idea to convert the buildings into lodging facilities would become such a successful business. The demand of so many visitors to San Saba for a quiet, clean, comfortable place to spend a night or more has turned what was supposed to be a side business into a full-time enterprise and the owners can no longer keep up. Business and profits have increased each year as more visitors discover the convenience and charm of Burnham’s Lodging.

501 E. Wallace has three tastefully decorated and furnished units: One unit is a two-bedroom suite with a king w/bathroom & a queen w/bathroom; the other two units each have king sized beds with attached private bathrooms. Facilities are designed to accommodate handicap needs. Each room has its own a/c thermostat and ceiling fans, wireless internet, cable TV and telephone. A spacious lobby, business office, ½ bath, kitchenette and laundry room with industrial washer and dryer complete the building.

507 E. Wallace has four units, each with 2 queen beds and attached private bathrooms and the same amenities as listed above. This building also has a public seating area, full kitchen and ½ bath that is handicap accessible, and a patio in the rear.

In addition to street and other public parking, 7 reserved parking places in back will be sold with property.

All the fixtures, linens and supplies and most of the furnishings will be included in the sale. Web and domain and business telephone line included. All reservations taken after closing date also included.

If stepping into a successful, well-established business in a friendly Texas town suits you, this one deserves consideration. Shown by appointment only!

THIS PROPERTY IS SUBJECT TO PRIOR SALE, CHANGE IN PRICE, OR REMOVAL FROM THE MARKET WITHOUT NOTICE. ALL INFORMATION IS DEEMED TO BE TRUE & CORRECT TO THE BEST OF OUR KNOWLEDGE AND FROM RELIABLE SOURCES. GENE STEWART REAL ESTATE WILL NOT BE HELD LIABLE FOR ANY CHANGES OR DISCREPANCIES.

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