2nd Gen. Cafe/Restaurant w/ Drive-thru

Retail-Commercial for Sale
Catylist Listing ID: 30607025
Property Subtypes: Free-Standing Building, Mixed Use, Restaurant, Street Retail, Other
Building Size (RSF): 1,543 SF
Gross Land Area: 0.13 Acres
Sale Price: $288,000
Unit Price: $186.65 PSF
In Opportunity Zone? Yes
Has Drive-Thru? Yes
Property Use Type: Investment, Vacant/Owner-User, Business
Usable Size (USF): 1,543 SF
Sale Terms: Cash to Seller, Owner Financing, Other
Cap Rate: Undisclosed
Last Updated: 8/27/2020

Overview / Comments

PROPERTY OVERVIEW
This is a great start up opportunity for a cafe, restaurant, or drive-thru concept!
The building was refurbished to a modern design for an upscale cafe. Turn-key
property ready for the next user!

PROPERTY HIGHLIGHTS
• Great visibility and frontage in a high density/traffic area of Downtown Tyler
• Sale includes all fixtures, furniture, and equipment
• Drive-Thru capable

Attachments & Media

Additional Details

Nearest MSA: Tyler
County: Smith
Tax ID/APN: 150000004400010020
Zoning: DBAC
Retail Clientele: General, Business, Recreation, Other
Property Located Between: S Broadway Ave & S Beckham Ave
Property Visibility: Excellent
Largest Nearby Street: S Broadway Ave
Feet of Frontage: 153
Highway Access: Hwy 69, Hwy 155
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 1,543 SF
Property Condition: Excellent
Year Built: 1950
Year Renovated: 2015
Roof Type: Flat
Construction/Siding: Wood Siding
Parking Type: Surface
Zoning Description: Downtown Business Arts and Culture District
Lot Frontage: 153
Water Service: Municipal
Sewer Type: Municipal
Legal Description: JANIES GAS STATION BLOCK 44 LOT 10B

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 12,595 62,960 99,881
Median Age: 29.47 32.5 33.77
Households: 4,167 22,483 38,680

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