$2,800,000
SqFt
0.74 Acre Lot
32,147 Sqft Lot
Price Type
Status Active
Property Type Restaurant/bar
Year Built 1996
Days on Website 88

Property Map

$2,800,000 – 14601 Fm 306, Canyon Lake, TX 78133

Street View

Courtesy of White Line Realty LLC, Jordan Sibley {attribution_contact}

Description

Now on Market! Family Friendly Outdoor Dinning, with Playground, Google rated 4.7 star restaurant for Sale! With Gross revenue well above $1M per year and Prime Location at Busy intersection with high visibility, you cannot beat this opportunity; Beer and Wine License: Perfect for expanding your offerings; Outdoor Seating: Create a delightful dining experience; Playground: Attract families and increase foot traffic; 3/4 Acres: Plenty of space for expansion or outdoor events; Additional 1752 sq ft Residential Home: Ideal for long or short-term rentals, or as your primary residence. Do not want residence on site? Offer indoor seating or a private event venue! Offered at $2.8M: A fantastic investment opportunity! Don’t miss out on this incredible chance to own a thriving restaurant in a sought-after location close to Canyon Lake, Whitewater Amphitheater, and the Horseshoe of the Guadalupe river. Whether you’re an experienced restaurateur or an aspiring entrepreneur, this property has it all. Act fast and seize this golden opportunity! ** Current owner willing to assist in the transition of this business **

Property Details and Features

Listing

  • Listing date: 2024-07-21 05:00:00
  • 87 days on market
  • 87 cumulative days on market
  • $1,014 per square foot

Location

  • County: Comal
  • Area: 2607

Building

  • Apartment is 1,752 square feet
  • Built in 1996
  • Approximate age: 28
  • Building/center name: CANYON CITY GRILL
  • Wood
  • 2,762 square feet
  • 874 other square feet
  • 1 story
  • 2 buildings

Roof

  • Composition

Amenities

  • Exterior Lighting
  • Fire Sprinkler System
  • Inside Storage
  • Living Area
  • Public Restroom

Interior Features

  • Ceiling height: 9

Lot

  • Lot size: 0.738

Property

  • Zoning: COMMERCIAL

Schools

  • School district: Comal

Miscellaneous

  • Gross income: 1500000.00
  • Net operating income: $748,500
  • Net leasable area: 1752
  • Monthly lease: $0
  • Insurance: 3500.00
  • 100 Year
  • Actual
  • None
  • No
  • None
  • 30 parking spaces
  • 1 unit
  • Other expense: 660000.00
  • Other tax: 72.00

Taxes

  • Total tax: $10,208
  • Annual tax: $90,000
  • City tax: $0
  • County tax: $1,719
  • $8,417 school tax
  • Property Tax ID: 740005029400

Utilities

  • Gas and electric: 15000.00
  • Electric utility supplier: PEC
  • Water utility supplier: CLWS
  • Sewer utility supplier: Septic
  • Electricity
  • Gas
  • Water
  • Septic

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