MLS# 1607182 - 348 Alves Ln, New Braunfels, TX 78130
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
Description
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.
Open House
Features
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
Property Map
Map View
$650,000 - 348 Alves Ln, New Braunfels, TX 78130
Street View
Directions
348 Alves Ln
New Braunfels, TX 78130
County: Comal