13124 FM 306
Canyon Lake, TX 78133
Prime FM 306 · Retail Property For Sale

1.2 Miles to the River: The Ultimate FM 306 Mixed-Use Development Site
13124 FM 306, Canyon Lake, TX 78133 Price: $1,400,000 | Acreage: 1.28 +/- Acres | Building: 2,140 SQFT + Venue Yard
Location is everything, and this location is unbeatable. Sitting just 1 mile from the Guadalupe River's famous "Horseshoe" and the Whitewater Amphitheater, this venue is ground zero for summer tourism.
Rarely does a "Grandfathered" commercial compound become available on the primary artery of the Texas Hill Country’s most famous recreational hub. Located just 1.2 miles (3 minutes) from the Whitewater Amphitheater and the legendary "Horseshoe" river float, this 1.28-acre property is positioned at the epicentral "bottleneck" of seasonal tourism.
While currently operating as a successful local bar and grill, the true value of this asset lies in its underutilized footprint and the extreme demand for high-capacity dining and storage in the Canyon Lake basin.
THE ASSET BREAKDOWN
• The Anchor (2,140 SQFT Building): A turnkey bar and restaurant with a fully equipped kitchen, bar, and climate-controlled dining area. Includes a dedicated interior event space often used for private parties and community gatherings.
• The Venue Yard (Fenced): A large, high-visibility outdoor space currently used for live music. This is the ideal footprint for a curated Food Truck Park.
• The Expansion Acreage (Rear Lot): Located behind the current fence line is a vast area of flat, usable land. This space is perfectly positioned for high-yield passive income via Boat/RV Storage or Light Industrial Flex Space.
THE VISION: THREE REVENUE STREAMS
This isn't a bar sale; it is a "Land-Banking" opportunity with immediate cash-flow components:
1. Dining Destination: By activating a Food Truck Park on the frontage, you capture the thousands of families and tourists who currently bypass Canyon Lake for New Braunfels due to lack of midday dining options.
2. Event Powerhouse: Leverage the proximity to Whitewater. With strategic marketing, the back venue can host concert pre-parties, private corporate retreats, and wedding-related events that the current owner has yet to tap into.
3. Passive Storage Income: Canyon Lake is currently experiencing a "storage crisis" for recreational vehicles. The rear acreage can be developed into high-cap-rate boat/RV stalls, providing a stable, low-overhead floor to the property’s monthly ROI.
BY THE NUMBERS (PROFORMA POTENTIAL)
• Land Value: Priced at approximately $25.11/SQFT—a competitive rate for improved, high-traffic FM 306 frontage with utilities and septic already in place.
• Infrastructure Value: Avoid the 12–18 month Comal County permitting and utility tap delay. This site is "Day 1" ready for expanded operations.
• Location Multiple: Sitting within the 1.5-mile "Golden Circle" of the Guadalupe River, this site captures a tourism volume that properties further down FM 306 cannot replicate.
The "Sleeping Giant" is ready. Purchase the most strategic corner of the Horseshoe corridor and build the premier multi-use destination at the Lake.
Based on current 2024–2025 data for the FM 306 corridor near Canyon Lake and the "Horseshoe":
The Numbers for FM 306
• Average Daily Traffic: Approximately 10,916 to 12,807 vehicles per day.
• Annual Volume: This equates to over 4 Million vehicles passing this general stretch of road annually.
• The "Whitewater" Spike: It is important to note that TxDOT's Annual Average includes slow winter months. During the peak "Float Season" (May–September), the daily count near the Whitewater Amphitheater can spike significantly higher due to concert traffic and river-goers.