211 Business 35New Braunfels, TX 78130

For Sale
$1,250,000
High-traffic, established business. Great ROI.

Overview

Added:
Dec 11, 2024
Days on market:
125
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.

Property Details for 211 Business 35

Property type
Retail properties, Industrial properties
Square Feet
3,056 SF
Class
C
Year Built
1974
Stories
1

Location Insight

City
New Braunfels
County
Comal
State
Texas
Latitude
29.69401969
Longitude
-98.11080353
211 Business 35, New Braunfels, Texas

FAQs

What type of property is this?
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?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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211 Business 35
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