145 FM-2673 - Restaurant FOR SALE


Canyon Lake, TX 78133- Hill Country
$1,535,000 USD
361-945-0783
145 FM-2673, Canyon Lake, TX for Sale
$1,535,000 USD
Restaurant - FOR SALE
1/7
null | 7.61% Cap Rate

145 FM-2673
Canyon Lake, TX 78133
Hill Country


HIGHLIGHTS

  • Irreplaceable Hard Corner Investment Opportunity
  • Exceptional Exposure to Traffic
  • Multi-Tenant Income with Diversified Uses
  • Centrally Located Within the Visitor/Tourist "Hot Zone"
  • Within Walking Distance to Whitewater Amphitheater, Camp Fimfo, and the Famous Guadalupe River "Horseshoe”
  • STR Hospitality Units Being Developed Directly Adjacent to the Property

OVERVIEW

Prime commercial investment opportunity located on an irreplaceable hard corner at the signalized intersection of FM 306 and FM 2673 in the heart of Canyon Lake, Texas. The property consists of approximately 1.355 acres improved with a 4,388 SF commercial building featuring a prominent and popular local restaurant space and a various mix of ground lease tenants. Originally constructed in 1996 and renovated in 2010 and 2026, the building is well positioned for continued investment or owner-user occupancy. This highly visible location sits at the entrance to one of the Texas Hill Country's premier recreation and tourism corridors. The property is within walking distance to Whitewater Amphitheatre and Camp Fimfo Texas Hill Country, the nationally recognized campground and RV resort. Also in close proximity you will find the Guadalupe River Horseshoe, Canyon Lake, and numerous vacation rentals, campgrounds, restaurants, and outdoor recreation destinations. The surrounding area attracts substantial year-round visitor traffic while also serving a rapidly growing permanent residential population with above-average household incomes. The signalized corner provides outstanding visibility, access, and exposure along one of the area's primary commercial corridors, making the property well suited for restaurant, retail, entertainment, or recreational businesses. Its strategic location between New Braunfels, San Marcos, Austin, and San Antonio places it within one of the fastest-growing regions in Texas, offering an exceptional opportunity to invest in a highly desirable Hill Country destination.

FOR SALE DETAILS

PRICE

$1,535,000 USD

PRICE/SF

$350 USD /SF

CAP RATE

7.61%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Bar, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1996

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.35 AC

LAND SF

58,806 SF

ZONING

-

APN/PARCEL ID

492376

ASK ABOUT THIS PROPERTY

Andy GriffinGriffin Realty AdvisorsMore Info
361-945-0783

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Andy GriffinGriffin Realty AdvisorsMore Info
361-945-0783

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.