$2,200,000
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5441, 5481 FM 1102 New Braunfels, TX
General Commercial
Residence
Beds
Baths
5,167
Sq. Ft.
1.35
Acre
Lot
Property Activity
Time on Site
days
Days on Market
Views
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With buildings dating back to the 1800's, this unique mixed-use commercial property isn't lacking any character or potential. Unrestricted zoning which means this gem can become a blank canvas to suit your investment needs & visions or kept as is operating at a 6 CAP rate. Located just across the... street is a brand new SFR development and less than a 1/4 mile is a newly built & fully leased MF development. Average HH income of $134,151. High traffic road. Tons of visibility. And just minutes from downtown Gruene. Current NOI of 143K/annually produced by: 2 STR, 2 LTR & 2 commercial leases. New septic system installed 2023. SELLER FINANCING AVAILABLE.
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MLS#
1799688
Property Type
General Commercial
Year Built
1865
Square Feet
5,167
sq. ft
Price per Sq. Ft.
$425.77
Lot Size
1.35
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