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$250,000
Est. payment /mo
1.48 Acres Lot
New
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.
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

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Listed by Loni Jones • Niche Real Estate
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