This exceptional 3,056 square foot commercial property, located at 211 N Business 35 in New Braunfels, Texas, presents a lucrative investment opportunity. Situated on a prime 9,670 square foot corner lot, this Class C building boasts a daily average of 45,000+ vehicles passing by, ensuring high visibility and accessibility. Built in 1974, the single-story structure features three full bays, currently configured as an automotive shop, but zoned C-3, allowing for diverse uses including restaurant, bar, dealership, retail, office, or medical. The property is offered at $1,250,000, representing a compelling $458.12 per square foot. With a strong Net Operating Income (NOI) of $377,464 in 2021 and a 26.96% cap rate, this is an owner-user investment with significant upside potential. The existing automotive business, established since 1974, is included in the sale, and the seller may consider owner financing. Car lifts are included. The property's location offers convenient access from Business 35 and Seguin Street via a side street. The current owner reports significant referral business due to limited staffing, suggesting substantial growth opportunities. Low property taxes and operating expenses further enhance the profitability of this remarkable investment.
Highlights
High traffic count: 45,000+ vehicles daily pass by.
Prime corner lot in New Braunfels, TX.
C-3 zoning allows for diverse uses (restaurant, bar, retail, office, medical, etc.).
Existing automotive business included, with potential for significant income growth.
Retail property - High-traffic, established business. Great ROI.
Where is the retail property located?
The property is located at 211 Business 35 New Braunfels, TX.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: High traffic count: 45,000+ vehicles daily pass by.; Prime corner lot in New Braunfels, TX.; C-3 zoning allows for diverse uses (restaurant, bar, retail, office, medical, etc.).
How can I contact the broker?
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Contacts
Ryan Parker
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Business 35 New Braunfels, TX 78130
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Business 35 New Braunfels, TX 78130
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The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
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211 Business 35
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