1403 N Navarro St - Restaurant FOR SALE


Victoria, TX 77901
$3,800,000 USD
361-433-3667
1403 N Navarro St, Victoria, TX for Sale
$3,800,000 USD
Restaurant - FOR SALE
1/39
null | 8.9% Cap Rate

1403 N Navarro St
Victoria, TX 77901


HIGHLIGHTS

  • Well-known local American diner established in 1948 in the heart of Victoria
  • Highly profitable and generates significant annual revenue
  • Strategically located across from major regional hospital DeTar Healthcare System ($2B revenue)
  • Conveniently situated off Navarro Street -- Victoria’s major North to South artery (35,000 VPD)
  • Recent CapEx: new plumbing, parking lot restriped, paint work, recent roof & walk-in cooler/freezer, remodeled kitchen

OVERVIEW

Prime investment opportunity to own a well-established American diner in Victoria, TX that has been operational for 76 years. Owner offering seller financing and will train new owner to ensure a smooth transition.

FOR SALE DETAILS

PRICE

$3,800,000 USD

PRICE/SF

$849 USD /SF

CAP RATE

8.9%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Ramsey's Restaurant

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1968

SPRINKLERS

-

PARKING SPACES

59

LAND DETAILS

LAND ACRES

0.88 AC

LAND SF

38,333 SF

ZONING

-

APN/PARCEL ID

54100-006-00501

ASK ABOUT THIS PROPERTY

Sean JudgeRE/MAX Property GroupMore Info
361-433-3667

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Sean JudgeRE/MAX Property GroupMore Info
361-433-3667

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