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Canyon City Grill 14601 Fm 306

2,762 SF Retail Building Canyon Lake, TX 78133 $2,549,000 ($923/SF) 10.59% Cap Rate

Investment Highlights

  • Google rated 4.7 star restaurant for Sale
  • Plenty of space for expansion or outdoor events
  • Family Friendly Outdoor Dinning with Playground
  • Thriving restaurant in a sought-after location close to Canyon Lake

Executive Summary

Now on Market! Family Friendly Outdoor Dinning, with Playground, Google rated 4.7 star restaurant for Sale with Booming Business! 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 $2,549,000: 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 ** Active Business, please do not approach employees about sale **

Property Facts

Sale Type
Investment or Owner User
Sale Conditions
Bulk/Portfolio Sale
Property Type
Retail
Property Subtype
Restaurant
Building Size
2,762 SF
Building Class
C
Year Built
1995
Price
$2,549,000
Price Per SF
$923
Cap Rate
10.59%
NOI
$270,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
0.74 AC
Zoning
Commercial - General Commercial District
Parking
30 Spaces (10.86 Spaces per 1,000 SF Leased)

Amenities

  • Restaurant

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
74-0005-0294-00
Land Assessment
$195,050
Improvements Assessment
$232,550
Total Assessment
$427,600
  • Listing ID: 32618765

  • Date on Market: 7/29/2024

  • Last Updated:

  • Address: 14601 Fm 306, Canyon Lake, TX 78133

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