MAS444 said:

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You;re talking about the place that used to be "Balls Out" or whatever? Such a dumb name.

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Haha yeah I think that's what it was

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EDIT: I think the place I saw was called "Balls Out" or something like that...Mas just reminded me

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Yeah, there was a place called that, but the balls went flat.

Balls out Burger was at the old Mico's location (1600 block of N Durham)

wessimo said:

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Balls out Burger was at the old Mico's location (1600 block of N Durham)

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Ah ok, thought I was going crazy for a sec. Thought I remembered both being there.

TXAG 05 said:

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Just saw that the Preslee's people are going to take over the old Petrol Station building.

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According to ownership this fell through.

Couldn't make the lease work.

AgLA06 said:

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TXAG 05 said:

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Just saw that the Preslee's people are going to take over the old Petrol Station building.

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According to ownership this fell through.

Couldn't make the lease work.

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I imagine the steep rise in values on Wakefield, it will be difficult for any new op to go in there without some serious backing.

The place has sat empty for what, 5-6 years? That's a lot of lost rent payments

wessimo said:

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The place has sat empty for what, 5-6 years? That's a lot of lost rent payments

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Something like that. It was vacant when I moved onto Wakefield back in 2020 but had some TI being done when I left in 2022.

wessimo said:

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The place has sat empty for what, 5-6 years? That's a lot of lost rent payments

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Yup.

An owner who doesn't at least want a tenant paying something is a dumb owner. The owner is losing money every year in taxes with no income. It's just a cost sink. Maybe the asset appreciation is worth sitting on it. I dunno.

There's a spot at Roslynn and 43rd that has sat vacant for decades because the owner wants either outrageous rent, or stupidly high sale price. How much has this idiot paid in taxes and never seen a dime in return?

The Wonderer said:

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wessimo said:

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The place has sat empty for what, 5-6 years? That's a lot of lost rent payments

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Something like that. It was vacant when I moved onto Wakefield back in 2020 but had some TI being done when I left in 2022.

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It closed during Covid, so right at 5 years. Too bad, was excited for something to move in there.

When is the new Kirby Ice House opening?

Gaeilge said:

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When is the new Kirby Ice House opening?

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Slated for this fall. Before CFB if they're smart.

The Wonderer said:

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Gaeilge said:

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When is the new Kirby Ice House opening?

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Slated for this fall. Before CFB if they're smart.

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Wonder if Howdy Club will try to get them for Aggie HQ since McIntyre's DT abruptly closed. I think it's a damn good spot to try to host.

Wait, McIntyres downtown closed?! Downtown was in such a good spot right before covid. The closings then the crowds that came downtown after are not what was pre covid. Much different crowd, so probably hard to keep something open now

Yeah. Only found out last week after I'd recommended it to someone.

CDUB98 said:

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wessimo said:

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The place has sat empty for what, 5-6 years? That's a lot of lost rent payments

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Yup.

An owner who doesn't at least want a tenant paying something is a dumb owner. The owner is losing money every year in taxes with no income. It's just a cost sink. Maybe the asset appreciation is worth sitting on it. I dunno.

There's a spot at Roslynn and 43rd that has sat vacant for decades because the owner wants either outrageous rent, or stupidly high sale price. How much has this idiot paid in taxes and never seen a dime in return?

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I guess if they aren't hurting for cash flow, they're playing the appreciation game on the land while showing a loss for the business.

Properties have essentially doubled in value in GO / SPP in the last 10 years. And that one is more valuable as it can be either a corner commercial lot or 2 residential lots.

Not my idea of investing, but it's not unusual either. Hell we have houses in SPP that have sat vacant for years in investment portfolios while the yard gets mowed and taxes get paid and it just slowly decays. But in a 10 year period the lot is now worth as much as what they paid for the house.

The property would as much (or more) with someone leasing it.

unless the previous tenant is still on the hook for rent, it makes no sense to let a property sit vacant for years at a time.

Diggity said:

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The property would as much (or more) with someone leasing it.

unless the previous tenant is still on the hook for rent, it makes no sense to let a property sit vacant for years at a time.

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Is it possibly tied up in a lengthy probate or on going lawsuit?

always a possibility.

didn't you guys say it was listed for lease though? I've lost track of which property we're talking about.

AgLA06 said:

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CDUB98 said:

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wessimo said:

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The place has sat empty for what, 5-6 years? That's a lot of lost rent payments

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Yup.

An owner who doesn't at least want a tenant paying something is a dumb owner. The owner is losing money every year in taxes with no income. It's just a cost sink. Maybe the asset appreciation is worth sitting on it. I dunno.

There's a spot at Roslynn and 43rd that has sat vacant for decades because the owner wants either outrageous rent, or stupidly high sale price. How much has this idiot paid in taxes and never seen a dime in return?

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I guess if they aren't hurting for cash flow, they're playing the appreciation game on the land while showing a loss for the business.

Properties have essentially doubled in value in GO / SPP in the last 10 years. And that one is more valuable as it can be either a corner commercial lot or 2 residential lots.

Not my idea of investing, but it's not unusual either. Hell we have houses in SPP that have sat vacant for years in investment portfolios while the yard gets mowed and taxes get paid and it just slowly decays. But in a 10 year period the lot is now worth as much as what they paid for the house.

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Maybe we need to get rid of that giant skeleton on Thornton.

Down goes another Heights adjacent place.

Upside Pub at 34th and Shepherd(Location that was Shepherd Draught House and a few other things) is also closing, but Texadelphia is moving into that spot.

Upside Pub next to Cottonwood is also shutting down next month.

CDUB98 said:

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I've long thought the craft brew scene in Houston was oversaturated.

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I'm not a huge craft beer person (give me a cold Shiner, Lone Star, or Banquet and I'm good) but I always assumed that there are basically 4 or 5 of the craft places that have 60%+ market share in Houston area (not including Karbach).

Haha. I didn't know about Texadelphia. Happy to hear but odd they would move into such a small location.

Gaeilge said:

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CDUB98 said:

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I've long thought the craft brew scene in Houston was oversaturated.

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I'm not a huge craft beer person (give me a cold Shiner, Lone Star, or Banquet and I'm good) but I always assumed that there are basically 4 or 5 of the craft places that have 60%+ market share in Houston area (not including Karbach).

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The craft brewing section in grocery stores has shrunk significantly in the past 5 or so years. What was once an entire aisle of local and out of state craft brews is now mostly seltzers with one or 2 doors reserved for craft beer. So any craft brewery basically needs to make it as a bar rather than a brewery that sells to other bars and stores. Running a bar looks hard enough as it is without the added steps and labor costs of having to brew your own product.

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Texadelphia is moving into that spot.

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Closed before the Semiquincentennial?

Wut?

aggiemike02 said:

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Wut?

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Texadelphia is moving into the spot currently occupied by Upside Pub at 34th and Shepherd.

Craft breweries need to start making drinkable 4-4.5% beers.

TheMasterplan said:

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Craft breweries need to start making drinkable 4-4.5% beers.

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These are pretty common, I think, and much cheaper to brew so the breweries would love for them to take off.

TheMasterplan said:

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Craft breweries need to start making drinkable 4-4.5% beers.

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St. Arnold has a wide variety of beers to choose from.

And if you actually go to their beer garden, they have even more that aren't on sale in stores.

Sadly, with AB InBev running Karbach, they are only allowed to sell in stores things which sell a certain amount. it's why you no longer see a much variety. They also sell a few at their beer garden that are not available in stores.

CDUB98 said:

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TheMasterplan said:

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Craft breweries need to start making drinkable 4-4.5% beers.

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St. Arnold has a wide variety of beers to choose from.

And if you actually go to their beer garden, they have even more that aren't on sale in stores.

Sadly, with AB InBev running Karbach, they are only allowed to sell in stores things which sell a certain amount. it's why you no longer see a much variety. They also sell a few at their beer garden that are not available in stores.

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Including Zeigenbock.