$650,000
348 Alves Lane, New Braunfels, Texas
2,775
Square feet
0.27
Acres
Excellent Investment Opportunity! This property includes an incredible turnkey commercial catering kitchen fully equipped with everything a Chef could want and more. Exit the kitchen into a formal tasting room with 2 office spaces, an employee lounge, laundry room and full bath with shower that could be considered a 2 bedroom apartment. There are two storage buildings, commercial smoker and a 30 & 50 amp RV/Food Truck hookups. It has operated as a catering kitchen for 30+ years and is currently 100% leased by a catering company. It is located just a half mile from the popular Town Center at Creekside in New Braunfels, Texas. There are multiple opportunities for this property making it a great tenant investment. Current tenant has almost 2 years remaining on lease, generating an incredible 13.29% cap rate for the owner. It can be used for a catering prep kitchen, take out food service, commissary and ghost kitchen rental just to name a few. New Braunfels is one of the top 10 fastest-growing cities in the country making it a prime location.
Facts & Features
MLS® # | 525612 |
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Price | $650,000 |
Bathrooms | 0.00 |
Square Footage | 2,775 |
Acres | 0.27 |
Year Built | 1985 |
Type | Commercial Sale |
Sub-Type | Commercial |
Status | Active |
Community Information
Address | 348 Alves Lane |
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Subdivision | Anitas Acres |
City | New Braunfels |
County | Comal |
State | Texas |
Zip Code | 78130 |
Amenities
Amenities | Storage |
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Utilities | Electricity Available, Natural Gas Available, Phone Available, Propane, Trash Collection Public |
Features | Storage Facilities |
Parking | Four or more Spaces, Parking Space(s) |
View | None |
Is Waterfront | No |
Has Pool | No |
Interior
Interior | Concrete, Tile |
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Cooling | 1 Unit |
Fireplace | No |
# of Stories | 1 |
Stories | One |
Exterior
Exterior Features | Lighting, Propane Tank - Leased, Storage |
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Roof | Composition, Shingle |
Construction | Lap Siding |
Foundation | Slab |
School Information
District | Comal ISD |
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Additional Information
Date Listed | November 2nd, 2023 |
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Days on Market | 181 |
Foreclosure | No |
RE / Bank Owned | No |
Listing Details
Office | Keller Williams Heritage |
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