1310 Common StNew Braunfels, TX 78130

  • Commercial real estate
  • 7,176 SF
For Sale
$2,800,000 View listing

Property Details for 1310 Common St

Year built
2000
Lot size
1.20 AC
Property size (Sq ft)
7,176 SF
Property type
Commercial real estate
APN
14-0750-0003-00
APU
140750000300

Description

This exceptional 7,816-square-foot restaurant building in New Braunfels, Texas, presents a remarkable owner-user opportunity. Located at 1310 E Common St, 78130, this vacant, Class B property sits on a sizable 1.2-acre lot and boasts 245 feet of frontage on Common Street, ensuring high visibility. Built in 2000, the single-story structure offers a fully built-out, second-generation restaurant space ready for immediate occupancy. The property benefits from heavy daytime traffic and a prime location within a bustling commercial corridor, providing excellent access and ample parking via shared access to an adjacent shopping center. Two convenient curb cuts further enhance customer accessibility. The asking price is $2,800,000, and the seller is open to exploring various financing options, including seller financing, making this an attractive investment for both established and emerging restaurant businesses. This is a rare chance to acquire a well-positioned, turnkey restaurant space in a thriving Texas market.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,984,443
    Hospitality
    $1,817,739
    Educational
    $1,512,337
    Medical
    $1,564,349
    Retail
    $2,352,525

Location Insight

City
New Braunfels
County
Comal
State
Texas
Latitude
29.7209
Longitude
-98.102
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
$35,018
$1,000,490
$973,630
$1,974,120
-
$1,000,490
$973,630
$1,974,120

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