1208 Academy Ave New Braunfels, TX 78130
- Commercial real estate
- 832 SF
Current Use by Public Records
- Yaupon By Agave / Real Estate Developer
- Living Health Holistic Health Care / Vitamin & Supplements Store / Massage Therapist
- Dean Fredrick Custom Jewelry / Jewelry Designer / Jeweler
Property Details for 1208 Academy Ave
- Year built
- 2021
- Property size
- 832 SF
- Property type
- Commercial real estate
Description
This exceptional opportunity presents a fully operational, 832 sq ft Class A wellness center in New Braunfels, Texas. Located at 1208 N Academy Ave, this single-unit, 2021-built commercial condo boasts a 100% occupancy rate and a strong NOI of $79,024, representing a 12.16% cap rate. The asking price is $650,000 ($781.25/sq ft) with flexible options available. The business itself is available for $300,000 with owner financing, while the real estate can be leased for $2,800/month plus NNN or purchased for $350,000. The center offers a comprehensive suite of holistic treatments, including Low Dose Immunotherapy, Autonomic Response Testing, Electro-Lymphatic Therapy, Foot Ionizing Detox, Colon Hydrotherapy, EMF Protection Solutions, and Frequency Specific Microcurrent Therapy. It benefits from a loyal client base and a strong reputation within the community. The seller will provide comprehensive training and onboarding to ensure a smooth transition. This turnkey operation is situated in a high-visibility location within a rapidly growing market, presenting significant growth potential for both practitioners and investors. The property is zoned for commercial use and has an APN of 24-0072-0001-300. This is a rare opportunity to acquire a profitable, established business with flexible real estate options in a desirable Texas location.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- New Braunfels
- County
- Comal
- State
- Texas
- Longitude
- -98.1374
- Latitude
- 29.7001
