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$650,000
Sqft lot: 11,761
Acre lot: 0.27
714 Days On Market

Courtesy of Keller Williams Heritage, Angela Row (210) 493-3030

Status: Active
Property Type: Other - See Remarks
Year Built: 1985
Days On Website: 714

Property Details for 348 Alves Ln, New Braunfels, TX 78130

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.

Listing

  • Listing date: 2022-05-17 05:00:00
  • 713 days on market
  • 713 cumulative days on market
  • $234 per square foot

Location

  • County: Comal
  • Area: 2707

Building

  • Apartment is 700 square feet
  • Built in 1985
  • Approximate age: 39
  • Building/center name: CATERALL, LLC
  • Wood
  • 2,775 square feet
  • 104 office square feet
  • 1,971 retail square feet
  • 1 story
  • 1 building

Foundation

  • Slab

Roof

  • Composition

Amenities

  • Exterior Lighting
  • Security System
  • High Speed INternet
  • Outside Storage

Interior Features

  • Ceiling height: 10

Cooling

  • Central

Heating

  • Central

Lot

  • Lot size: 0.27

Property

  • Zoning: R2

Schools

  • School district: Comal

Miscellaneous

  • Monthly lease: $0
  • None
  • Semi-Dock
  • No
  • None
  • 8 parking spaces
  • 1 unit
  • Other tax: 108.19

Taxes

  • Total tax: $5,797
  • City tax: $1,323
  • County tax: $873
  • $3,493 school tax
  • Property Tax ID: 90060000201

Utilities

  • Electric utility supplier: NB Utilities
  • Water utility supplier: NB Utilities
  • Electricity
  • Water
  • Telephone
  • Sewer
  • Cable TV

Map View


$650,000 - 348 Alves Ln, New Braunfels, TX 78130

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348 Alves Ln
New Braunfels, TX 78130
County: Comal

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