223 Depot St - Restaurant FOR SALE


Mansfield, TX 76063
$2,207,000 USD
936-581-4049
223 Depot St, Mansfield, TX for Sale
$2,207,000 USD
Restaurant - FOR SALE
1/25
null | Request Cap Rate

223 Depot St
Mansfield, TX 76063


OVERVIEW

Incredible Commercial Opportunity in the Heart of Downtown Mansfield, Texas Located just off Main Street, in a prime development location with a hard corner on both Sycamore and Depot streets. The local area sees a total of 35,338 vehicles daily. The subject property boasts 3,000 square foot of building space with an existing parking lot along with additional parking across Sycamore Street. Area utilities include city water, telephone services, 3 phase electricity available, and natural gas. The property is zoned for commercial use allowing for restaurants, brewery, retail, entertainment and much more. The property features level to sloping terrain with ample parking and outdoor seating, the property is set up with a state-of-the-art kitchen allowing for expedited restauranteering. Seize this unique chance to own part of the Historic Downtown Mansfield. The local area dates back to the early 1800’s. For more details and to explore this opportunity. Contact us today! MARKET HIGHLIGHTS Mansfield, Texas offers several benefits. The city’s strategic location in the Dallas-Fort Worth metroplex ensures excellent accessibility. Mansfield’s robust and diverse economy, coupled with pro-business policies, fosters a thriving commercial environment. The city’s significant population growth and high quality of life increase demand for commercial services. A stable real estate market and continuous infrastructure investment enhance property value and business operations. Additionally, community support and development opportunities make Mansfield a highly attractive location for commercial property investment. DEMOGRAPHICS: 1 Mile 3 Mile 5 Mile Total Population 2023 8,157 47,333 129,938 Total Daytime Population 14,381 55,124 114,278 Average HH Income $94,422 $136,543 $144,162 *Demographic data derived from 2023 ESRI

FOR SALE DETAILS

PRICE

$2,207,000 USD

PRICE/SF

$1,194 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

1960

SPRINKLERS

-

PARKING SPACES

18

LAND DETAILS

LAND ACRES

1.53 AC

LAND SF

66,647 SF

ZONING

-

APN/PARCEL ID

01628887

ASK ABOUT THIS PROPERTY

JC HearnHomeland Properties, Inc.More Info
936-581-4049

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JC HearnHomeland Properties, Inc.More Info
936-581-4049

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