Restaurant with Real Estate and Equipment

Retail-Commercial for Sale
Catylist Listing ID: 30514728
Property Subtypes: Restaurant
Building Size (RSF): 6,500 SF
Gross Building Area: See Agent
Sale Price: $350,000
Unit Price: $53.85 PSF
In Opportunity Zone? Yes
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 2/22/2021

Overview / Comments

The property is fully furnished. The sale includes real property, restaurant furniture, fixtures and equipment. the property features a large dinning area with a 119 person maximum occupancy, large kitchen and baking areas, walk-in coolers and an office. Current restaurant will cease operations upon sale. Contact broker for schedule showings.
• Newer Roof with 15 Year Warranty
• All HVAC Units have been Recently Replaced
• Sale Includes Real Property and FF&E with a Few Exceptions
• Located in Opportunity Zone

Additional Details

Nearest MSA: Lubbock
County: Lubbock
Tax ID/APN: R135677
Property Located Between: South East Corner of 13th and Crickets
Property Visibility: Excellent
Year Built: 1940

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,398 79,321 166,087
Median Age: 30.26 29.33 31.77
Households: 2,760 27,680 62,215

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