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$ 350,000
Est. payment | /mo
0.41 Acres Lot
$ 350,000
Est. payment | /mo
0.41 Acres Lot
Key Details
Property Type Single Family Home
Sub Type Building
Listing Status Active
Purchase Type For Sale
Subdivision Tx
MLS Listing ID 25006402
Lot Size 0.410 Acres
Acres 0.41
Lot Dimensions See tax
Property Sub-Type Building
Property Description
Prime Investment Opportunity – Established Restaurant & Versatile Commercial Space! This property is an ideal investment for entrepreneurs or investors seeking a proven income-producing asset. The property offers a rare opportunity for either owner-occupancy or use as a rental income generator. The front of the building features a warm and inviting atmosphere, with a spacious dining area perfect for guests to relax and enjoy. Palestine is a booming North- East Texas town with load of potential with 2025 Population of 19,907 people and this location has TX Dot Traffic Annual Count: 11,525. The fully-equipped commercial kitchen includes stainless steel appliances, ample prep space, ice machine, and storage — ready for immediate use. Whether you want to expand within the restaurant industry, convert it into an event venue, retail shop, or explore other hospitality concepts, this property is full of potential. With its prime location, and turnkey setup, the opportunity is yours!
Location
State TX
County Anderson
Area Anderson
Zoning Commercial
Interior
Heating Central Electric
Cooling Central Electric
Exterior
View Y/N No
Others
Acceptable Financing Cash, Conventional, FHA, Other/See Remarks
Listing Terms Cash, Conventional, FHA, Other/See Remarks
Listed by Delanee Clark • RE/MAX Landmark