216 Middlebuster Rd Gonzales, TX 78629-2216
This exceptional Gonzales, Texas property presents a lucrative investment opportunity. The 13,768 square foot building currently operates as G&G Steak & Spirits, a versatile establishment offering diverse revenue streams. The restaurant features four distinct dining areas: a main dining room (100+ guests), a private dining room (40+ guests), a bar with ample seating (65+ guests), and a unique upstairs venue. This upstairs space boasts a dance floor/ballroom, a stage, and capacity for 300 guests, ideal for weddings, corporate events, or concerts. Adding to its versatility, the property includes a separate 900 square foot rental space, providing additional income potential. The property also features two elevators and an outdoor patio, enhancing guest experience and functionality. Situated on a 1.04-acre lot, this location offers excellent visibility and accessibility, being less than a quarter mile from Highway 183. Its strategic location near Austin, Houston, and San Antonio provides access to a large and diverse customer base. The property is offered at $2,000,000. Showings are by appointment only.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.