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3434 FM 2673 1,736 SF 100% Leased Retail Building Canyon Lake, TX 78133 $1,185,136 CAD ($682.68 CAD/SF) 12.81% Cap Rate



INVESTMENT HIGHLIGHTS
- 2 PROPERTIES IN 1 ON PRIME HILLCOUNTRY REALESTATE JUST 5 MINUTES FROM THE GUADALUPE RIVER FLOATING AREA.
- BRAND NEW NEVER LIVED IN HOME WITH HUGE FRONT PORCH OVERLOOKING THE HILLCOUNTRY ON PROPERTY.
- BAKERY AND CAFE BUSINESS WITH GROSS INCOME (PART TIME) $205,000
EXECUTIVE SUMMARY
Create a fabulous life running your own popular and successful Coffee Shop and Bakery in the Texas Hillcountry with Mountain Views and a Brand New Home on the property for use as a Bed and Breakfast, or as your own residence!
This unique offering includes a turn-key business with business Furniture, Fixtures & Equipment, recipes, and a well-known popular name among locals. This is a well-established business that has a consistent flow of customers. The real estate includes the 24,393 square foot lot with two buildings: a fully operational café with all furniture, fixtures, and equipment, patio seating, and a separate residential dwelling with a huge front porch looking out into the hills.
Prime Location:
142 Ft of Highway frontage on FM 2673 in Canyon Lake;
This property boasts exceptional visibility and traffic exposure to both local residents and year-round tourists visiting the Canyon Lake area.
This property is a three minute drive to the Guadalupe River floating area at 306 and FM 2673.
Main Building – Restaurant Café & Bakery:
Square footage: 1,736
A local favorite the café is known for its artisanal pastries, rich coffees, and warm, inviting ambiance. Kafekali has earned its reputation as a “must-visit” community gem. ” a loyal following with well-established customers and glowing reviews, this business shows a fabulous Net Operating Income per square footage and is definitely Value Add with plenty of room for a deck to serve clients, and room for menu expansion as well.
Second Dwelling – Short Term Rental Bed and Breakfast (**Value Add, Potential Income) or Residence.
A separate 1,200 sq ft 2-bedroom, 1-bath home is located at the rear of the property. Perfect for an owner’s residence, long-term rental, or short-term rental (STR). Seller is open to concessions for updates. Built in 2019. The best part is the extra large front porch for sitting and looking out at the hills and gorgeous Hillcountry.
Canyon Lake Area:
Located in the Texas Hill Country, between Austin and San Antonio, Canyon Lake is a premier destination for boating, fishing, hiking, and serene getaways. This property offers the rare opportunity to own a profitable business while enjoying the relaxed charm of one of Texas’ most beloved lake towns. The property boasts views of the gorgeous Hillcountry.
Tourists enjoy floating the Guadalupe River, visiting the Canyon Lake Dam area, shopping and eating in Gruene, Natural Bridge Caverns, the San Marcos outlet mall, Canyon Lake’s vineyards just to mention a few favorites.
This unique offering includes a turn-key business with business Furniture, Fixtures & Equipment, recipes, and a well-known popular name among locals. This is a well-established business that has a consistent flow of customers. The real estate includes the 24,393 square foot lot with two buildings: a fully operational café with all furniture, fixtures, and equipment, patio seating, and a separate residential dwelling with a huge front porch looking out into the hills.
Prime Location:
142 Ft of Highway frontage on FM 2673 in Canyon Lake;
This property boasts exceptional visibility and traffic exposure to both local residents and year-round tourists visiting the Canyon Lake area.
This property is a three minute drive to the Guadalupe River floating area at 306 and FM 2673.
Main Building – Restaurant Café & Bakery:
Square footage: 1,736
A local favorite the café is known for its artisanal pastries, rich coffees, and warm, inviting ambiance. Kafekali has earned its reputation as a “must-visit” community gem. ” a loyal following with well-established customers and glowing reviews, this business shows a fabulous Net Operating Income per square footage and is definitely Value Add with plenty of room for a deck to serve clients, and room for menu expansion as well.
Second Dwelling – Short Term Rental Bed and Breakfast (**Value Add, Potential Income) or Residence.
A separate 1,200 sq ft 2-bedroom, 1-bath home is located at the rear of the property. Perfect for an owner’s residence, long-term rental, or short-term rental (STR). Seller is open to concessions for updates. Built in 2019. The best part is the extra large front porch for sitting and looking out at the hills and gorgeous Hillcountry.
Canyon Lake Area:
Located in the Texas Hill Country, between Austin and San Antonio, Canyon Lake is a premier destination for boating, fishing, hiking, and serene getaways. This property offers the rare opportunity to own a profitable business while enjoying the relaxed charm of one of Texas’ most beloved lake towns. The property boasts views of the gorgeous Hillcountry.
Tourists enjoy floating the Guadalupe River, visiting the Canyon Lake Dam area, shopping and eating in Gruene, Natural Bridge Caverns, the San Marcos outlet mall, Canyon Lake’s vineyards just to mention a few favorites.
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Condition
Business Value Included
Property Type
Retail
Property Subtype
Building Size
1,736 SF
Building Class
C
Year Built/Renovated
2001/2019
Price
$1,185,136 CAD
Price Per SF
$682.68 CAD
Cap Rate
12.81%
NOI
$151,862 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.07
Lot Size
0.56 AC
Zoning
Mixed
Frontage
156’ on Farm to Market Road 2673
ABOUT 3434 FM 2673 , CANYON LAKE, TX 78133
· Business + Real Estate Including land and Buildings · Fully Equipped Establisehde Café and Bakery with Furniture Fixtures and Equipment (Access to Current Employees) · 2-Bedroom House on Site (Short- Term Rental or Primary Home) · 142 Ft of FM 2673 Frontage *FINANCIALS AVAILABLE UPON REQUEST: KATHLEEN MATKIN ESKOLA, EMAIL: KATHLEEN.ESKOLA@CALLITCLOSED.COM, 832-293-3922 · High-Traffic Area with Year-Round Exposure · Immediate Cash Flow + Value Add Growth Potential
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- Texas Real Estate
- Real Estate
- -
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| Texas Real Estate | Real Estate | - | - | - |
PROPERTY TAXES
| Parcel Number | 13-0320-0324-00 | Improvements Assessment | $274,555 CAD |
| Land Assessment | $281,031 CAD | Total Assessment | $555,586 CAD |
PROPERTY TAXES
Parcel Number
13-0320-0324-00
Land Assessment
$281,031 CAD
Improvements Assessment
$274,555 CAD
Total Assessment
$555,586 CAD
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