134 Airport Road, Gatesville, TX 76528
134 Airport Road, Gatesville, TX 76528
134 Airport Road, Gatesville, TX 76528
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$250,000
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1.48 Acres Lot
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134 Airport Road Gatesville, TX 76528

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Key Details

Property Type Commercial

Sub Type Warehouse

Listing Status Active

Purchase Type For Sale

Subdivision Airport Annex

MLS Listing ID 21402224

Total Fin. Sqft 6000

Year Built 1970

Annual Tax Amount $2,352

Lot Size 1.480 Acres

Acres 1.48

Property Sub-Type Warehouse

Property Description

Ask a Gatesville local where the good nights used to happen, and sooner or later you'll hear “out by the old airport.” That was The Shandar, on Airport Road near the old Brown Airport..

The layout was pure Texas honky-tonk. Up front, a bar room with the main counter and a few pool tables. Through the back, a wide-open dance hall and a raised stage where regional bands played while the floor filled up. Cold beer, cue sticks, and live country music. Same recipe, same address the town still remembers.

Now 134 Airport Road sits inside the Gatesville city limits on 1.48 acres, beside Gatesville Municipal Airport (GOP) and inside a designated Opportunity Zone. The city airport is at 137 Airport Road, about three miles west of the square: a 3,400-foot runway, general aviation traffic, self-serve fuel, and Centex Aviation on the field. Pilots already know the road. Locals already know the name.

The Opportunity Zone is the quiet extra. Investors who reinvest eligible capital gains through a Qualified Opportunity Fund may qualify for federal tax benefits on a qualifying project here, including deferral and, with the required holding period, favorable treatment of new gains. Rules, deadlines, and tract status apply. A tax advisor should confirm before anyone underwrites it.

Bring it back as a bar and dance hall. Or lean into the runway: a fly-in hangout, pilot lounge and café, event barn, private club, or a mixed commercial use that puts aircraft, live music, and Highway 36 traffic in the same parking lot. The bones of a legend are here. The audience never really left. The tax map may help pay for the comeback.

Location

State TX

County Coryell

Zoning commercial

Direction 116 SOUTH TO AIRPORT ROAD. LAST PROPERTY ON RIGHT, BEFORE AIRPORT.

Interior

Heating Central, Electric

Cooling Central Air, Electric

Flooring Concrete

Heat Source Central, Electric

Exterior

Utilities Available City Sewer, City Water

Roof Type Metal

Garage No

Building

Lot Description Acreage, Level

Foundation Slab

Structure Type Block

Others

Special Listing Condition Aerial Photo


North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
Listed by Loni Jones • Niche Real Estate

Nearby Locations

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Josiah Ford

Josiah Ford

Broker License ID: 0596265

+1(214) 425-3525

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134 Airport Road