151 Old Hancock Rd, Canyon Lake, TX 78133

Property Description

Exceptional commercial opportunity near Canyon Lake! Situated on approximately 3.06 acres with 1,306 feet of road frontage, this highly improved property was built and operated as a marine boat sales, service, and repair facility. The property features approximately 18,000 square feet of showroom, office, warehouse, and service areas, plus a separate approximately 2,500-square-foot, 3-bedroom, 2-bath apartment overlooking the retail area. Two metal buildings, a storage shed, paved and fenced grounds, and a compressed-air system throughout most of the facility provide an established foundation for a marine-related business or another compatible commercial use. Located just off of FM 306 and less than half a mile from Boat Ramp 17 at Little Jacob's Creek and Boat Ramps 14 and 15 at Jacob's Creek Park, the property offers convenient access to Canyon Lake's recreational boating market. The private water well received new piping and a new pump in 2025. According to the seller, the former boat-rental operation generated more than $250,000 in annual gross rental revenue before lake-level declines affected operations. With Canyon Lake's water levels having substantially recovered, a new owner could explore reopening a marine rental, sales, or service operation for the 2027 season, subject to due diligence and applicable requirements. Listing is for the land, buildings, and attached improvements; business assets, boats, trailers, parts, tools, and equipment are excluded unless separately negotiated.