For Sale
$600,000

424 Fall Creek Hwy Granbury, TX 76049

Turnkey Restaurant, 5 Acres, High Growth Area

Overview

Added:
Feb 3
Days on market:
80
This exceptional investment opportunity encompasses a thriving restaurant business located on the Fort Worth side of Granbury, Texas, just off US Highway 377. The main property at 424 Fall Creek Highway features a 1,084 square foot restaurant building that underwent a complete remodel in December 2021. The sale includes all existing restaurant equipment and inventory, ensuring a seamless transition for a new owner. Adding significant value is the inclusion of three adjacent parcels totaling 4.999 acres, forming a rectangular lot. These parcels are located at 418 and 422 Fall Creek Highway and 5391 Drury Court. The property enjoys a prime location, backing onto the Saratoga subdivision to the west and bordering United Co-op to the north. Further enhancing the potential, the property also includes two mobile homes and an additional vacant structure, all requiring renovation. This presents a unique opportunity to add further income streams or develop the land. The property's strategic position benefits from the anticipated growth along the Highway 377 corridor, further amplified by the construction of a new Lake Granbury Medical Center Free Standing Emergency Center nearby. This presents a compelling investment opportunity with significant upside potential in a rapidly developing area. The asking price for this complete package is $600,000.

Property Details for 424 Fall Creek Hwy

Property type
Commercial real estate
Square Feet
1,084 SF
Year Built
1960
Lot Size (sq. ft)
217,800 SF

Location Insight

City
Granbury
County
Hood
State
Texas
Latitude
32.46866
Longitude
-97.69723

FAQs

What type of property is this?
Commercial real estate - Turnkey Restaurant, 5 Acres, High Growth Area
Where is the commercial real estate located?
The property is located at 424 Fall Creek Hwy Granbury, TX.
What is the asking price?
The asking price for this property is $600,000.
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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424 Fall Creek Hwy
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