3434 FM 2673 1,736 SF 100% Leased Retail Building Canyon Lake, TX 78133 $814,000 ($468.89/SF) 15.36% Cap Rate

Cash flowing business: includes land, new home, business and fixtures. 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!
Cap Rate:
(Net Operating Income/ Price).
Avg NOI $128,585/ 814,000=16 %
The sale includes the land, the short term rental/residence,(in which the finances on that are not included because the house is brand new), all the fixtures of the business like espresso machines, freezers, furnishings, as well as employees willing to stay to work. The business can change of course but he is selling the entire structure of the business.
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.