Views
Address
1111 Gruene Road New Braunfels, TX
Price
$ 2,200,000
Property Attributes
  • MLS#9530229
  • TypeCommercial
  • CountyCOMAL
  • CityNew Braunfels
  • AreaCM
  • NeighborhoodGruene Cliff 2
  • Zip78130
  • StyleHotelMotel
  • Year Built2001
  • Taxes33257
  • Price$ 2,200,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage14000
  • Lot Size0.91 Acres
Listing Provided Courtesy Of:
TKAR Commercial RE Services
Data Source:
Austin Board of REALTORS
Property Description

Presenting an opportunity to acquire a successful boutique hotel/bed and breakfast in Historic Gruene, Texas. The Gruene River Inn provides a value add hospitality opportunity to an experienced operator. Unprecedented views and over 200 feet of private access to the Guadalupe River make this a rare opportunity. The existing owners have occupied and operated the Inn for over 15 years and are looking to pass this asset to someone that can take the property to the next level and help it reach its fullest potential. The hotel consists of 3 main areas, 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. The 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. This property provides numerous value add opportunities for an experienced hospitality operator. The owner's suite currently does not generate any income and could be utilized as a long term or short term rental. Other operational changes could provide additional opportunities to increase revenue. The 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. This is an operating business. Please do not contact the property or owner directly. Showings and property information will be coordinated through listing Broker/Agent.

Price History
3/22/2021 Listed $2,200,000

General Features

Accessibility CommonArea
Business Type BedBreakfast
Flooring Wood
Heating Ductless, NaturalGas
MLS Area CM
New Construction No
Parking Features Covered, OnSite, ParkingLot
Property SubType HotelMotel
Property Type CommercialSale
Sewer PublicSewer
Special Listing Conditions Standard
Terms Cash, Conventional

Interior Features

Air Conditioning Y/N Yes

Exterior Features

Building Area Total 14000.0
Horse Y/N Yes
Lot Size Acres 0.91
Lot Size Area 0.91
Number of Buildings 1
Water Source Public
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 78130

Price
AVG $1.38M
$2.2M
Taxes
AVG $16,057
$33,257
Visits
AVG 35
11
Year Built
AVG 1970
2001
Walkscore
AVG 37
36
Data Provided by Walkscore ® not using MLS data

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