616 E Highway 164 - Freestanding FOR SALE


Mart, TX 76664
$250,000 USD
254-744-0702
616 E Highway 164, Mart, TX for Sale
$250,000 USD
Freestanding - FOR SALE
1/47
null | Request Cap Rate

616 E Highway 164
Mart, TX 76664


HIGHLIGHTS

  • Steady state highway traffic at city speed limits
  • Corner lot with abundant parking and side street parking also available
  • Well set up with drive through order and window service
  • Walk in cold storage compartments w/ multiple grill side access cabinets
  • Equiped with flat grill, fryer and other equipment

OVERVIEW

LOCATION - High visibility frontage on well-travelled Texas Highway 164 as traffic moves slowly through town, on a corner allowing easy in and out for customers. TX Highway 164 has a heavy and consistent stream of traffic heading both east and west, with Mart being nicely distanced from other locations making it well-suited for travelers stopping in. ACCESSIBLE - Concrete parking lot in good condition with over ten parking spots and room for drive-up order and drive-through window. Corner lot with access from highway and Smyth Street. CONDITION - the building is solid, well-maintained, and laid out nicely for a variety of uses. Roof was reworked in 2019 and is still in good condition. Two 5-ton HVAC units installed 2013. Was previously a Dairy Queen, so kitchen is well-equipped with all needed for a restaurant/cafe, including drive-through, walk-in fridge & freezer, tables & benches, counter, and restrooms. POSSIBILITIES - Fast food, Restaurant, Cafe, Coffee-shop, Ice Cream, Donuts, Catering, Boutique, Convenience, Retail, Community Center, Service, or others. Mart residents are hungry for more local places to serve the town, surrounding areas, and travelers passing through. Property is for sale, but will consider leasing.

FOR SALE DETAILS

PRICE

$250,000 USD

PRICE/SF

$127 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

Dairy Queen

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1980

SPRINKLERS

-

PARKING SPACES

15

LAND DETAILS

LAND ACRES

0.2 AC

LAND SF

8,712 SF

ZONING

C

APN/PARCEL ID

32-011600-028200-2

ASK ABOUT THIS PROPERTY

Kenneth HodgesBHGRE, Edwards & AssociatesMore Info
254-744-0702

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Kenneth HodgesBHGRE, Edwards & AssociatesMore Info
254-744-0702

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