3434 FM 2673 - Freestanding FOR SALE


Canyon Lake, TX 78133- Hill Country
$989,000 USD
832-293-3922
3434 FM 2673, Canyon Lake, TX for Sale
$989,000 USD
Freestanding - FOR SALE
1/47
null | 11% Cap Rate

NEW


3434 FM 2673
Canyon Lake, TX 78133
Hill Country


HIGHLIGHTS

  • 2 PROPERTIES IN 1 ON PRIME HILLCOUNTRY REALESTATE JUST 5 MINUTES FROM THE GUADALUPE RIVER FLOATING AREA.
  • BAKERY AND CAFE BUSINESS WITH GROSS INCOME (PART TIME) $205,000
  • BRAND NEW NEVER LIVED IN HOME WITH HUGE FRONT PORCH OVERLOOKING THE HILLCOUNTRY ON PROPERTY.

OVERVIEW

Create a fabulous life running your own popular and successful Coffee Shop and Bakery in the Texas Hillcountry with Mountain Views and a Brand New Home on the property for use as a Bed and Breakfast, or as your own residence! This unique offering includes a turn-key business with business Furniture, Fixtures & Equipment, recipes, and a well-known popular name among locals. This is a well-established business that has a consistent flow of customers. The real estate includes the 24,393 square foot lot with two buildings: a fully operational café with all furniture, fixtures, and equipment, patio seating, and a separate residential dwelling with a huge front porch looking out into the hills. Prime Location: 142 Ft of Highway frontage on FM 2673 in Canyon Lake; This property boasts exceptional visibility and traffic exposure to both local residents and year-round tourists visiting the Canyon Lake area. This property is a three minute drive to the Guadalupe River floating area at 306 and FM 2673. Main Building – Restaurant Café & Bakery: Square footage: 1,736 A local favorite the café is known for its artisanal pastries, rich coffees, and warm, inviting ambiance. Kafekali has earned its reputation as a “must-visit” community gem. ” a loyal following with well-established customers and glowing reviews, this business shows a fabulous Net Operating Income per square footage and is definitely Value Add with plenty of room for a deck to serve clients, and room for menu expansion as well. Second Dwelling – Short Term Rental Bed and Breakfast (**Value Add, Potential Income) or Residence. A separate 1,200 sq ft 2-bedroom, 1-bath home is located at the rear of the property. Perfect for an owner’s residence, long-term rental, or short-term rental (STR). Seller is open to concessions for updates. Built in 2019. The best part is the extra large front porch for sitting and looking out at the hills and gorgeous Hillcountry. Canyon Lake Area: Located in the Texas Hill Country, between Austin and San Antonio, Canyon Lake is a premier destination for boating, fishing, hiking, and serene getaways. This property offers the rare opportunity to own a profitable business while enjoying the relaxed charm of one of Texas’ most beloved lake towns. The property boasts views of the gorgeous Hillcountry. Tourists enjoy floating the Guadalupe River, visiting the Canyon Lake Dam area, shopping and eating in Gruene, Natural Bridge Caverns, the San Marcos outlet mall, Canyon Lake’s vineyards just to mention a few favorites.

FOR SALE DETAILS

PRICE

$989,000 USD

PRICE/SF

$570 USD /SF

CAP RATE

11%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Restaurant, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2001

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.56 AC

LAND SF

24,394 SF

ZONING

Mixed

APN/PARCEL ID

13-0320-0324-00

ASK ABOUT THIS PROPERTY

Kathleen Matkin EskolaCALL IT CLOSED INTERNATIONAL REALTYMore Info
832-293-3922

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Kathleen Matkin EskolaCALL IT CLOSED INTERNATIONAL REALTYMore Info
832-293-3922

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