Properties

Property Description

BACK ON MARKET. rnrnPresenting an opportunity to acquire a successful boutique hotel/bed and breakfast in Historic Gruene, Texas with substantial upside potential for an experienced owner/operator. Unprecedented views and over 200 feet of private access to the Guadalupe River make this a rare opportunity. rn rnThe existing owners have occupied and operated the Inn for over 15 years and are looking to retire and spend time with family. Gruene River Inn presents an opportunity for a new owner/operator that can make the property reach its fullest potential. rn rnThe hotel consists of 3 main area: the owners suite, the common guest area, and the rental rooms. On the right hand side of the common guest area, there are 14 individual rooms, each with a private balcony view of the Guadalupe River. A covered deck area on the end of the building provides a common area for guests to socially gather and enjoy the scenic views of the river and historic Gruene. On the left hand side of the common guest area is the owners suite. rnrnThe owner’s suite is an approximately 3,000 square foot, 3 bedroom, 2 bathroom unit complete with private entrance, kitchen, dining, 2 living areas and a large outdoor deck. The owners have recently renovated the suite and updated the deck.rn rnThis property provides numerous value add opportunities for an experienced hospitality operator. The owner’s suite currently does not generate income and could be utilized as a long term or short term rental. Other operational changes could provide additional opportunities to increase revenue. rn rnThe property will convey turn-key, including furniture, fixtures and equipment. Sellers have obtained a current title commitment and have current inspection and engineering reports and financials available for qualified buyers. rn rnThis is an operating business. Please do not contact the property or owner directly. Showings and property information will be coordinated through listing Broker/Agent.

Features
: Natural Gas, Ductless
: Central Air, Ductless
: Key Card Entry, Building Security
: 17
$0
: Wood Siding
: Wood
: Covered, On Site, Parking Lot
: Public Sewer
: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Underground Utilities, Water Connected, High Speed Internet, Phone Connected
Address Map
US
TX
Comal
New Braunfels
78130
Gruene
1111
RD
W99° 53' 46.5''
N29° 43' 58.4''
IH 35 to New Braunfels and exit FM 306. Take FM 306 to Hunter Road. Left on Hunter Road to downtown Gruene. Left on Gruene River Road. The property will be on right approximately 1/4 mile from downtown Gruene.
CM
MLS Addon
TKAR Commercial RE Services
Thomas Rhodes
ACT598800
ACT700271
Active Under Contract
200268000600
Gruene Cliff 2
$0
1
1
GRUENECLIFF 2, BLOCK 1, LOT 1-2-3
2020
$33,257
$1,570,630
0 Sqft
$2,200,000
$0

1111 Gruene RD, New Braunfels, Texas 78130 For Sale

1111 Gruene RD, New Braunfels, Texas 78130

39,552.50 Sqft
$2,200,000
Listing ID #ACT9530229
Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : ACT9530229
Price : $2,200,000
Year Built : 2001
Lot Size : 39,552.50 Sqft
Property Sub Type : Hotel/motel
Standard Status : Active Under Contract
Agent info
Stacy Caprio
Austin Home Seekers, LLC
9606 N Mopac Expy Ste 150 Austin, TX 78759
Contact Agent