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348 ALVES LN
New Braunfels TX 78130-2825 US

$650,000

Active Listing ID 1607182
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Lot: 0.27 Acres
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Other

$650,000

Active Listing ID 1607182
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348 ALVES LN 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.

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Property Features

  • Facts
  • Lot Size: 0.27 Acres
  • Property Type: Commercial Sale
  • Property Sub-type: Other
  • Features
  • Roof Type: Composition
  • Heating Fuels: Central Furnace

Property

  • propertytype: Commercial Sale
  • propertysubtype: Other
  • listprice: 650000
  • unparsedaddress: 348 ALVES LN
  • postalcity: New Braunfels
  • stateorprovince: TX
  • country: US
  • postalcode: 78130-2825
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.27
  • lotsizeunits: Acres
  • lotsizearea: 0.27
  • livingarea: 2775
  • livingareaunits: Square Feet
  • listagentfullname: Angela Row
  • listagentemail: angierow@kw.com
  • listagentkey: 3yd-SABORTX-779127
  • listagentmlsid: 779127
  • listagentpreferredphone: 8308379243
  • listagentofficephone: 2104933030
  • listofficekey: 3yd-SABORTX-KLWM00
  • listofficemlsid: KLWM00
  • disclaimer: Copyright © 2024 San Antonio Board of Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: SABORTX
  • yearbuilt: 1985
  • listingcontractdate: 2022-05-17
  • listagenturl: http://www.mykwsa.com
  • countyorparish: Comal
  • parcelnumber: 90060000201
  • elementaryschooldistrict: Comal
  • middleorjuniorschooldistrict: Comal
  • highschooldistrict: Comal
  • heating: Central Furnace
  • numberofunitstotal: 1
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 1
  • parkingtotal: 8
  • roof: Composition
  • waterfrontyn: False
  • franchiseaffiliation: Keller Williams Realty
  • architecturalstyle: Other
  • entrylevel: 1
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
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Listing Changed: 3/26/2024 2:14:08 PM GMT
Source Updated Date: 5/15/2024 6:59:28 AM GMT

Courtesy of: Angela Row, Keller Williams Heritage, angierow@kw.com

Copyright © 2024 San Antonio Board of Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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