14601 Fm 306 Canyon Lake, TX 78133
Thriving Restaurant, High NOI, 8.21% Cap Rate
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 138
Highlights
- $2,800,000 asking price for this established restaurant and bar.
- 2,762 square foot retail building on a 0.74-acre lot in Canyon Lake, TX.
- 8.21% cap rate with a pro-forma cap rate of 10.71%, NOI of $230,000 and pro-forma NOI of $300,000.
- Multi-tenant property built in 1996, featuring a family-friendly atmosphere with outdoor dining, a playground, and high visibility at a busy intersection.
- Includes a separate 1752 sq ft residential home.
Property Details for 14601 Fm 306
- Property type
- Retail properties, Restaurants
- Square Feet
- 2,762 SF
- Year Built
- 1996
- Stories
- 1
- Lot Size (sq. ft)
- 32,234 SF
- Units
- 1
Location Insight
- City
- Canyon Lake
- County
- Comal
- State
- Texas
- Latitude
- 29.8763381
- Longitude
- -98.1955008
Nearby Similar for Sale
FAQs
- What type of property is this?
- Retail property - Thriving Restaurant, High NOI, 8.21% Cap Rate
- Where is the retail property located?
- The property is located at 14601 Fm 306 Canyon Lake, TX.
- What is the asking price?
- The asking price for this property is $2,800,000.
- What are key features of this property?
- This property features: $2,800,000 asking price for this established restaurant and bar.; 2,762 square foot retail building on a 0.74-acre lot in Canyon Lake, TX.; 8.21% cap rate with a pro-forma cap rate of 10.71%, NOI of $230,000 and pro-forma NOI of $300,000.
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