348 Alves Ln
New Braunfels,
TX
78130
Property Details
List Price: |
$650,000 |
Beds: |
-- |
Baths: |
-- |
Status: |
Active |
SqFt: |
2775 |
Agency: |
Keller Williams Heritage |
Description/Comments
Lot Size: |
-- |
Property Type: |
Commercial |
Year Built: |
1985 |
Notes: |
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. |
MlsNumber: |
1607182 |
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Listing Provided By: |
Keller Williams Heritage, original listing |
Name: |
Keller Williams Heritage |
Phone: |
(210) 493-3030 |
Office Name: |
Keller Williams Heritage |
Office Phone: |
(210) 493-3030 |
Agent Name: |
Angela Row |
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. |