New Listing
540 River Run Run 110, New Braunfels
$565,000 - 0.0 Baths
MLS® # 541873
348 Alves Ln, New Braunfels
$650,000
0 Beds
0.0 Baths
2,775 Sqft
.27 Acres
0 Garages
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 also two storage buildings, commercial smoker and a 30 and 50 amp RV/Food Truck hookups. It has operated as a catering kitchen for over 30 years and is currently being 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.
Property Details
348 Alves Ln is a other: motel/hotel/mh prk property on a 0.27 acre lot which offers built in 1985, and is 2,775 square feet in size. Priced at $650,000, this property is ready for your enjoyment. Contact us if you would like to preview 348 Alves Ln, New Braunfels, TX or any additional homes for sale in New Braunfels
Essential Information
MLS® #1607182
Price$650,000
Bathrooms0.0
Square Footage2,775
Acres0.27
Year Built1985
TypeCommercial
Sub-TypeOther: Motel/Hotel/MH Prk
StatusActive
Days on Market710
Community Information
Address348 Alves Ln
Area2707
CityNew Braunfels
CountyComal
StateTX
Zip Code78130-2825
Amenities
Parking Spaces8
Amenities
Exterior Lighting, High Speed INternet, Outside Storage, Security System
Utilities
Cable TV, Electricity, Telephone, Sewer, Water
Interior
HeatingCentral
CoolingCentral
# of Stories1
Stories1
Exterior
RoofComposition
ConstructionWood
FoundationSlab
School Information
DistrictComal
Additional Information
Date ListedMay 17th, 2022
ZoningR2
Listing Details
OfficeKeller Williams Heritage
Property History
Status Changed from Price Change to Active
Status Changed from Active to Price Change
Price Reduced from $750,000 to $650,000
Status Changed from Price Change to Active
Status Changed from Active to Price Change
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The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the San Antonio Board of Realtors®, and is updated as of April 28th, 2024 at 12:21am CDT (date/time).
IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
The information being provided by the Central Texas MLS is exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
The data is deemed reliable but is not guaranteed accurate by the MLS.
