296 Faust St New Braunfels, TX 78130
- Retail space
- 1,314 SF
- 0.19 lot acres
Current Use by Public Records
- Retail space
Property Details for 296 Faust St
- Year built
- 1944
- Lot size
- 0.19 lot acres
- Property size
- 1,314 SF
- Property type
- Retail space
- Property subtype
- Storefront properties
- APN
- 10-0000-6080-0
Description
This exceptional 1,314 square foot mixed-use property, located at 296 E. Faust St. in New Braunfels, Texas, presents a unique investment opportunity. Built in 1944 and extensively renovated in 2022, this single-story building boasts a blend of historical charm and modern amenities. The property features a flexible C3 zoning, allowing for a variety of uses, including short-term rentals (City of New Braunfels approval effective 11/15/2024). The 0.19-acre lot includes four parking spaces. Inside, the 9-foot ceilings contribute to a spacious feel. The building's exterior features a durable metal roof and low-maintenance cement siding. Its prime location offers easy access to the historic Faust Street Bridge and the scenic Guadalupe River, enhancing its appeal and potential for high occupancy rates. The property's versatility, combined with its desirable location and recent renovations, makes it an attractive option for both owner-users and investors seeking a strong return. The building's single unit layout simplifies management, while the ample parking caters to both tenants and visitors. This is a rare opportunity to acquire a well-maintained, mixed-use property in a thriving Texas community. The property is offered at $505,000.
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
- -98.1103825
- Latitude
- 29.6957465
