New Listing
730 E Mather Street E302, New Braunfels
$436,000 - 3 Beds, 2.0 Baths
MLS® # 541079
348 Alves Lane, 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 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.
Property Details
348 Alves Lane is a commercial property on a 0.27 acre lot which offers built in 1985, and is 2,775 square feet in size. Anitas Acres real estate in New Braunfels has lots to offer. Priced at $650,000, this property is ready for your enjoyment. Contact us if you would like to preview 348 Alves Lane, New Braunfels, Texas or any additional homes for sale in New Braunfels
Essential Information
MLS® #525612
Price$650,000
Bathrooms0.0
Square Footage2,775
Acres0.27
Year Built1985
TypeCommercial
Sub-TypeCommercial
Water Feature/ViewNone, None
StatusActive
Community Information
Address348 Alves Lane
SubdivisionAnitas Acres
CityNew Braunfels
CountyComal
StateTexas
Zip Code78130
Amenities
AmenitiesStorage
FeaturesStorage Facilities
River/LakeNone, None
Utilities
Electricity Available, Natural Gas Available, Phone Available, Propane, Trash Collection Public
Parking
Four or more Spaces, Parking Space(s)
Interior
InteriorConcrete, Tile
Cooling1 Unit
# of Stories1
StoriesOne
Exterior
RoofComposition, Shingle
ConstructionLap Siding
FoundationSlab
Exterior Features
Lighting, Propane Tank - Leased, Storage
School Information
DistrictComal ISD
Additional Information
Date ListedNovember 2nd, 2023
Listing Details
OfficeKeller Williams Heritage
Property History
Price Reduced from $750,000 to $650,000
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