2nd Gen. Dine-in Restaurant

Retail-Commercial for Sale
Catylist Listing ID: 30644045
Property Subtypes: Restaurant
Building Size (RSF): 6,865 SF
Gross Building Area: See Agent
Gross Land Area: 1.50 Acres
Sale Price: $1,900,000
Unit Price: $276.77 PSF
Property Use Type: Vacant/Owner-User
Building Name: 2nd Generation Restaurant
Sale Terms: Undisclosed
Cap Rate: Undisclosed
Last Updated: 2/16/2021

Overview / Comments

Located in Longview's bustling retail corridor, this property presents a great
location for a restaurant concept or redevelopment. The building is in great
condition with above average dine-in restaurant finish out. Facility is currently
oriented for single tenancy. Former occupant was Copeland's which offered
New Orleans-style cuisine in a casual family friendly atmosphere.

• Modern Class-A Construction
• Located adjacent to Loop 281/Fourth St. intersection
• FF&E Included
• Frontage visibility
• Income generating billboard on site
• Ample parking

Attachments & Media

Additional Details

Nearest MSA: Longview
County: Gregg
Tax ID/APN: 1184159
Property Located Between: Located in Longview, TX on the Southwest quadrant of Loop 281 & N. Fourth Street intersection.
Property Visibility: Excellent
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Excellent
Year Built: 2015
Total Parking Spaces: 105
Parking Ratio: 15.3 (per 1000 SF)
Parking Type: Surface
Zoning Description: Light Commercial
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 7,510 35,337 78,776
Median Age: 48.38 40.41 36.97
Households: 3,553 15,312 30,495


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