Former El Chico Restaurant Location

Retail-Commercial for Sale
Catylist Listing ID: 30722930
Property Subtypes: Restaurant
Building Size (RSF): 5,873 SF
Sale Price: $1,429,000
Unit Price: $243.32 PSF
Property Use Type: Business
Building Name: Former El Chico
Usable Size (USF): 5,873 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 6/28/2021

Overview / Comments

Rare location centered in the heart of the medical district possible development site for hospitality, medical site, restaurant, retail shopping center, and more. Formally the El Chico restaurant this site offers 5,873 SF of restaurant space and sits on a 1.28 Acre lot. Building features (2) large dining areas, (2) bar areas, large kitchen with (2) walk in coolers, a freight/delivery area, (2) private staff restrooms in kitchen area, (2) multi-stall ADA restrooms in public area, large indoor covered patio, 55 + parking spaces. Location is across from Covenant Hospital Campus and offers 210' of Marsha Sharp service road frontage.

Neighboring businesses include; Hawthorn Hotel, La Quinta Inn & Suites, Guesthouse Inn & Suites, America's Best Value Hotel, Marketstreet, and many other retail shops.

Attachments & Media

Additional Details

Nearest MSA: Lubbock
County: Lubbock
Tax ID/APN: R48738
Zoning: IHC
Largest Nearby Street: Quaker and 19th off Marsha Sharp
Highway Access: Marsha Sharp 62-82
Site Description: Rare location centered in the heart of the medical district possible development site for hospitality, medical site, restaurant, retail shopping center, and more. Formally the El Chico restaurant this site offers 5,873 SF of restaurant space and sits on a 1.28 Acre lot. Building features (2) large dining areas, (2) bar areas, large kitchen with (2) walk in coolers, a freight/delivery area, (2) private staff restrooms in kitchen area, (2) multi-stall ADA restrooms in public area, large indoor covered patio, 55 + parking spaces. Location is across from Covenant Hospital Campus and offers 210' of Marsha Sharp service road frontage. Neighboring businesses include; Hawthorn Hotel, La Quinta Inn & Suites, Guesthouse Inn & Suites, America's Best Value Hotel, Marketstreet, and many other retail shops.
Area Description: Medical District
Total Number of Buildings: 1
Number of Stories: 1
Year Built: 1969

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 11,979 127,799 206,702
Median Age: 32.21 29.7 31.91
Households: 4,270 49,968 80,403

Contact

Photograph of Listing Agent

Mark Vigil

Keller Williams Realty
West Texas CIE Member
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