For Sale
$269,000

411 Magnolia StMathis, TX 78368

Profitable Texas bar & restaurant, fully equipped.

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional investment opportunity presents the Cielito Lindo Dancehall, a well-established South Texas bar and restaurant located at 411 E Magnolia St, Mathis, TX 78368. Built in 1972 and renovated in 2010, this single-story building boasts a substantial 7,924 square feet of space situated on a 1.16-acre lot. The property is offered at an asking price of $269,000, translating to $33.95 per square foot. All furniture and bar equipment are included in the sale price, making this a turnkey operation. The dancehall features a modern speaker and light system (available at an additional cost). This established business has been a local favorite for years and offers significant income potential. The property consists of one unit in a single building. Note that a separate 1.7-acre tract behind the building is also available for purchase (details not included in this listing). This is a rare chance to acquire a thriving business in a desirable location. The property is zoned for retail use and is categorized as a bar, restaurant, and dancehall.

Highlights

  • $269,000 asking price for this established Mathis, TX, retail property.
  • 7,924 square foot building on a 1.16-acre lot.
  • Single-tenant occupancy, currently operating as a bar, restaurant, and dancehall.
  • Built in 1972, renovated in 2010.
  • Includes all furniture and bar equipment; modern sound and lighting system available separately.

Property Details for 411 Magnolia St

Property type
Retail properties, Restaurants
Square Feet
7,924 SF
Year Built/Renovated
1972/2010
Buildings
1
Stories
1
Lot Size (sq. ft)
50,530 SF
Units
1

Location Insight

City
Mathis
County
San Patricio
State
Texas
Latitude
28.096497039733
Longitude
-97.820776304004
411 Magnolia St, Mathis, Texas

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411 Magnolia St
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