Skip To Content

525 E Oates

Garland, TX 75043
  • $1,199,000
  • STATUS: Active
  • ON SITE: 19 Days
  • MLS #: 20662791
UPDATED: 152 min ago
$1,199,000
  • 0
    BEDS
  • 0.51
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1978
County:
Area:

School Ratings & Info

Offered by Marissa Avila of Standard Real Estate: 214-301-1773.

Description

Great business opportunity to own a successful restaurant in a busy location. The seller is ready to retire and spend more time with family. The seller has been in the restaurant business for 40+ years. The seller's business is currently working based off 'word of mouth' and repeat customers alone (zero online presence). The opportunities are endless and this successful business has so much room for growth. The building has potential for a bar and drive thru. There are several nearby developments coming soon: new apartments, new waterpark, and more. There are 25 apartment complexes alone with multiple brand new apartment complexes within a 3 mile radius for potential customers. 60 apartment complexes within a 5 mile radius. Sale includes all furnishings: the dining tables, dining chairs, booths, cooking equipment, all you need for a quick turn around! There are so many more details to share.

Monthly Payment Calculator



© 2024 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 Russell Realty. 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 Russell Realty 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 2024-07-24T21:42:36.057.
www.russellhouses.com/homes/152342874
Print Image

525 E Oates Garland, TX 75043

  • Price: $1,199,000
  • Status: Active
  • On Site: 19 Days
  • Updated: 152 min ago
  • MLS #: 20662791
0
Beds
0
Baths
0
½ Baths
0.51
Acres
1978
Built
Neighborhood:
Rose Hill Acreage Homesites
County:
Dallas
Area:
Garland
Property Description
Great business opportunity to own a successful restaurant in a busy location. The seller is ready to retire and spend more time with family. The seller has been in the restaurant business for 40+ years. The seller's business is currently working based off 'word of mouth' and repeat customers alone (zero online presence). The opportunities are endless and this successful business has so much room for growth. The building has potential for a bar and drive thru. There are several nearby developments coming soon: new apartments, new waterpark, and more. There are 25 apartment complexes alone with multiple brand new apartment complexes within a 3 mile radius for potential customers. 60 apartment complexes within a 5 mile radius. Sale includes all furnishings: the dining tables, dining chairs, booths, cooking equipment, all you need for a quick turn around! There are so many more details to share.
Exterior Features

Construction BrickConcreteWood Foundation Slab Lot Description AcreageSubdivision Lot Size Source Public Records Parking Or Garage Additional ParkingOn SiteParking LotPrivate Roof Shingle

Interior Features

Ceiling Height 8 to10 Feet Cooling Ceiling Fan(s)Central Air Flooring CarpetTile Handicap YN No Heating Central Sq Ft Gross 22128

Property Features

Building Area Source Public Records Building Area Total 2990.00 Building Use Restaurant Construction Status Preowned Exclusions Gold red plaque over cashier counter and tray horse artwork in the foyer. Gross Annual Expenses 23400.00 Gross Annual Income 530000.00 List MLSProvider Metrotex Association Of Realtors Listing Terms CashConventional Multi Zoning Yes Municipal Utility District No Net Operation Income 227400 Possession 30-60 Days60-90 DaysClosing/FundingNegotiable Property Type Retail Tenant Pays All UtilitiesCable TVCommon Area MaintenanceElectricityExterior MaintenanceGasGrounds CareSewerWater Transaction Includes Building OnlyBusinessFurnitureInventoryLand & ImprovementsMachinery Utilities City SewerCity Water Will Subdivide No Zoning CommercialRestaurant

North Texas Real Estate Information Systems MLS logo Listing information © 2024 North Texas Real Estate Information System.


© 2024 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 Russell Realty. 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 Russell Realty 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 2024-07-24T21:42:36.057.
 
https://bt-photos.global.ssl.fastly.net/ntreis/orig_boomver_1_20662791-2.jpg https://bt-photos.global.ssl.fastly.net/ntreis/orig_boomver_1_20662791-2.jpg https://bt-photos.global.ssl.fastly.net/ntreis/orig_boomver_1_20662791-2.jpg
Logo
Russell Realty
201 W Virginia St Suite 100
McKinney TX, 75069
Offered by Marissa Avila of Standard Real Estate: 214-301-1773.