2064 Central PlzNew Braunfels, TX 78130

  • Commercial real estate
  • 0.61 AC
For Lease
$41/SF/YR View listing

Property Details for 2064 Central Plz

Lot size
0.61 AC
Property type
Commercial real estate
APN
38-0449-0025-00
APU
380449002500

Description

This exceptional 2,658-square-foot bar and restaurant space is available for lease in New Braunfels, Texas. Located at 2064 Central Plaza, 78130, this single-tenant property sits on a 15,202-square-foot lot within the thriving New Braunfels submarket. The property is a second-generation establishment, ideally situated minutes from the downtown area and within the rapidly growing Creekside and Freiheit Village neighborhoods. This location benefits from significant residential growth, creating a vibrant "second downtown" atmosphere with numerous successful bars and restaurants. Comparable businesses in the immediate area report impressive average monthly alcohol sales exceeding $100,000. The current tenant is still operating, requiring advance scheduling for property tours. Direct contact with current employees regarding leasing or sales is strictly prohibited. This presents a unique opportunity for a new operator to capitalize on the area's strong growth and established market synergy. The property is ready for immediate occupancy.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $7,299,796
    Hospitality
    $6,686,574
    Educational
    $5,563,151
    Medical
    $5,754,476
    Retail
    $8,653,790

Location Insight

City
New Braunfels
County
Comal
State
Texas
Latitude
29.718
Longitude
-98.073
CBSA code
41700
CBSA name
SAN ANTONIO, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$1,009
$52,900
$47,310
$100,210
-
$52,900
$47,310
$100,210

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