110 W Bailey St - Restaurant FOR SALE


Ponder, TX 76259
$1,900,000 USD
972-489-5767
110 W Bailey St, Ponder, TX for Sale
$1,900,000 USD
Restaurant - FOR SALE
1/73
null | Request Cap Rate

110 W Bailey St
Ponder, TX 76259


HIGHLIGHTS

  • Property & Business are offered together
  • Original Restaurant opened in 1903 and has been expanded and updated, including major renovations in 2022
  • ADA compliant, rewiring of entire building, new roof, complete plumbing upgrade, & epoxy flooring
  • $644/sf

OVERVIEW

Both Property & Business are offered together, including commercial building & parking lot, all equipment, inventory, historic photos and furnishings, the Ranchman's business, name and intellectual property. The Buyer can continue the rich history of Ranchman's (formerly the Ponder Steakhouse), a Texas tradition. The original restaurant opened in 1903 and has been expanded and updated, including major renovations in 2022 to be ADA compliant, rewiring of entire building, new roof, complete plumbing upgrade, epoxy flooring, Hardie fiber cement siding, loading dock, ductless HVAC and high efficiency tankless water heater. Celebrity guests have included: John Wayne, Warren Beatty & Faye Dunaway (during filming of Bonnie & Clyde movie), Lillian Carter, Stevie Nicks, Cindy Crawford, Dennis Hopper, Eric Clapton & others. Featured in The Big Texas Steakhouse Cookbook, Food Network with Bobby Flay and The Texas Bucket List (NBC). See YouTube - Bobby Flay Ponder Steakhouse

FOR SALE DETAILS

PRICE

$1,900,000 USD

PRICE/SF

$644 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1903

SPRINKLERS

-

PARKING SPACES

25

LAND DETAILS

LAND ACRES

0.5 AC

LAND SF

21,780 SF

ZONING

Retail

APN/PARCEL ID

R45227

ASK ABOUT THIS PROPERTY

Eric ScortiaBerkshire HathawayHS PenFed TXMore Info
972-489-5767

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Eric ScortiaBerkshire HathawayHS PenFed TXMore Info
972-489-5767

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.