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Michelle Daep

realtormichelledaep@gmail.com +1(210) 941-7809

$ 799,000

Est. payment | -/mo

2,470 SqFt

Save

$ 799,000

Est. payment | -/mo

Save

2,470 SqFt

Key Details

Property Type Commercial

Sub Type Commercial Improved Prop

Listing Status Active

Purchase Type For Sale

Square Footage 2,470 sqft

Price per Sqft $323

MLS Listing ID 1923261

Construction Status Wood,Stone,Rock/Stone Veneer,Other

Year Built 1940

Annual Tax Amount $635

Lot Size 2.930 Acres

Property Sub-Type Commercial Improved Prop

Property Description

Unbelievable Commercial or Residential Opportunity! This 2.93-acre corner property sits at a lighted intersection on the SW corner of FM 306 and Maricopa Dr., right in the heart of Canyon Lake's Sattler community. Just across from Mountain Valley Elementary and only 0.4 miles from the Guadalupe's Horseshoe, Whitewater Amphitheater, and Camp Fimfo-all less than a minute's drive. The AADT on FM 306 just west of FM 2673 is 10,916 (2024), offering prime visibility and exposure. The Comal Appraisal District designates this property as Commercial, though it currently features a 2,470 SF structure built in 1940. Its layout suggests it may have once served as a lodge or small hotel, though it has been used as a single-family residence for the past 43 years. There are no zoning or deed restrictions, opening the door to endless possibilities for redevelopment. With approx. 324 feet of frontage on FM 306, the site is ideal for a variety of uses-commercial, hospitality, or residential. The existing structure could easily be repurposed into a restaurant, bed & breakfast, lodge, or boutique hotel, while the adjoining land could accommodate a new commercial building on the hard corner. Alternatively, the existing improvements could be removed to make way for a larger commercial development-or kept as a vintage, character-filled homestead on a spacious 2.93-acre tract. Property is part of an estate sale and will convey AS-IS with no seller's disclosures. Water service provided by Texas Water Co.; on-site conventional septic system replaced in 2019 (permit available). Don't miss this rare chance to secure one of Canyon Lake's most versatile and high-visibility corner parcels-the opportunities here are truly endless!

Location

State TX

County Comal

Area 2607

Zoning NO ZONING, CAD SHOWS COM

Interior

Heating Window Unit

Cooling Window

Exterior

Utilities Available Electricity, Water, Septic, Other

Roof Type Metal,Other

Building

Story 2

Foundation Slab

Level or Stories 2

Construction Status Wood,Stone,Rock/Stone Veneer,Other

Schools

School District Comal

Others

Acceptable Financing Sale Only, Cash, Conventional

Listing Terms Sale Only, Cash, Conventional

LERA MLS - Local Expertise Regional Access / SABOR

Listed by Cynthia Griffin • SAXET Realty, Inc • (850) 313-9890

Schools and Properties Nearby

Find out why customers are choosing LPT Realty to meet their real estate needs!!

+1(210) 941-7809

realtormichelledaep@gmail.com

Learn More About LPT Realty

110 Maricopa Canyon Lake, TX 78133