For Sale
$280,000

107 Kent St Gorman, TX 76454

Restaurant, Event Space, & Potential Airbnb

Overview

Added:
Feb 3
Days on market:
80
This unique 10,005 square foot commercial property located at 107 N Kent Street in historic downtown Gorman, Texas presents a wealth of opportunities. Situated on a 0.08-acre lot, the building boasts a fully equipped restaurant and kitchen on the ground floor, perfect for immediate operation or lease. The second floor features a bar and event center, ready to host gatherings and events. Adding to its versatility, three additional rooms upstairs offer the potential for conversion into residential living space, ideal for owner occupancy or a separate rental unit. The property's location provides easy access to Highway 6, and is conveniently located within a 30-minute drive of Stephenville. All existing restaurant equipment and furniture are included in the sale, ensuring a smooth transition for a new owner. The equipment is in excellent working order and fully functional. The upstairs rooms could also be utilized as short-term rentals, such as Airbnb, generating supplemental income. This property offers a rare blend of commercial and residential potential, making it an exceptional investment opportunity in a charming Texas town. Priced at $280,000, this property won't last long. Don't miss your chance to own a piece of Gorman's history and capitalize on its diverse possibilities.

Property Details for 107 Kent St

Property type
Commercial real estate
Square Feet
10,005 SF
Year Built
1920
Lot Size (sq. ft)
3,485 SF

Location Insight

City
Gorman
County
Eastland
State
Texas
Latitude
32.21206
Longitude
-98.67236

FAQs

What type of property is this?
Commercial real estate - Restaurant, Event Space, & Potential Airbnb
Where is the commercial real estate located?
The property is located at 107 Kent St Gorman, TX.
What is the asking price?
The asking price for this property is $280,000.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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107 Kent St
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