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515 W Royall Boulevard

Malakoff, TX 75148
  • $1,595,000
  • STATUS: Active
  • ON SITE: 82 Days
  • MLS #: 14697390
UPDATED: 72 min ago
$1,595,000
  • 0
    BEDS
  • 1.2
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1972
County:
Area:

School Ratings & Info

Offered by Richard Thornhill of Thornhill Realty.

Description

Profitable, well established restaurant (since 1969) with solid base of loyal customers. Building was renovated in 2008, expanded parking lot added in 2017, remodeled and expanded bar and enclosed patio in 2020. During 2020, the business had continuous carry out orders and long lines for those desiring to dine-in. Great visibility on Highway 31, four lane high volume traffic between Athens and Corsicana. Some of the staff including wait staff have been with the restaurant for 10+ years. Patronized by many within 20 mile radius and from Dallas residents with weekend homes on Cedar Creek Lake. Popular area for water sports, hunters, and lake vacationers. Sale includes business, building and land.

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© 2022 North Texas Real Estate Information Systems. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Real Estate By Design | Keller Williams. The data relating to real estate for sale or lease on this web site comes in part from NTREIS. Real estate listings held by brokerage firms other than Real Estate By Design | Keller Williams are marked with the NTREIS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2022-01-16T15:39:15.16.
www.rebdgroup.com/homes/122730027
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515 W Royall Boulevard Malakoff, TX 75148

  • Price: $1,595,000
  • Status: Active
  • On Site: 82 Days
  • Updated: 72 min ago
  • MLS #: 14697390
0
Beds
0
Baths
0
½ Baths
1.2
Acres
1972
Built
Neighborhood:
Ab 755 P Tumlinson Sur
County:
Henderson
Area:
Malakoff
Property Description
Profitable, well established restaurant (since 1969) with solid base of loyal customers. Building was renovated in 2008, expanded parking lot added in 2017, remodeled and expanded bar and enclosed patio in 2020. During 2020, the business had continuous carry out orders and long lines for those desiring to dine-in. Great visibility on Highway 31, four lane high volume traffic between Athens and Corsicana. Some of the staff including wait staff have been with the restaurant for 10+ years. Patronized by many within 20 mile radius and from Dallas residents with weekend homes on Cedar Creek Lake. Popular area for water sports, hunters, and lake vacationers. Sale includes business, building and land.
Exterior Features

Construction Materials Walls Cement Block Foundation Slab Lake Name Cedar Creek Parking Or Garage Common Lot Road Frontage Distance 295 Roof Tar/Gravel Waterfront YN No

Interior Features

Ceiling Height 11 To 14 Feet Commercial Features Cooler/FreezerFire AlarmFire SprinklersFirewallsSecurity LightingSecurity SystemSingle User Flooring Concrete Heating Central Air-ElecCentral Heat-Gas Sq Ft Building 5555 Sq Ft Gross 33062 Sq Ft Leasable 0

Property Features

Building Area Source Tax Building Use Restaurant Business Name Ochoa's Mexican Rest Commercial Zoning Com Construction Status Preowned Gross Annual Expenses 1310000 Gross Annual Income 1500000 Inclusions BusinessLand & Improvements Lot Size Source Other Documentation Multi Zoning No Municipal Utility District No Net Annual Income 190000 Possession Closing/Funding Property Type Com-Sale Tenant Pays All Utilities Unexempt Taxes 8518 Utilities City SewerCity Water Will Subdivide No

Listing information © 2022 North Texas Real Estate Information System.


© 2022 North Texas Real Estate Information Systems. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Real Estate By Design | Keller Williams. The data relating to real estate for sale or lease on this web site comes in part from NTREIS. Real estate listings held by brokerage firms other than Real Estate By Design | Keller Williams are marked with the NTREIS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2022-01-16T15:39:15.16.
 
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Real Estate By Design | Keller Williams
2434 Lillian Miller Pkwy
Denton TX, 76205
Offered by Richard Thornhill of Thornhill Realty.