For Sale
$549,500

700 Main St Blanket, TX 76432

Historic Downtown, Two Buildings, High Returns

Overview

Added:
Dec 11, 2024
Days on market:
138
This exceptional investment opportunity presents two thriving, newly renovated (2023) businesses in downtown Blanket, Texas. The property encompasses 3,283 square feet across two buildings, situated on a corner lot. The main building, a high-end Western-themed steakhouse and bar ("The Pearl Cactus"), boasts indoor seating for 76, a double-sided electric fireplace, a 22-foot metal bar with granite countertops, and a stunning landscaped patio with a firepit and water feature. A serving window connects the indoor bar to the outdoor patio. Across the street sits the "Old Trading Post & Service Station," a 2,880 square foot old-fashioned soda shop offering unique gifts, candy, and ice cream. Both buildings were meticulously renovated in 2023, featuring modern amenities including a walk-in cooler, security system, air conditioning, and wheelchair accessibility. Built in 1901 (main building) and originally constructed in 1893 (Old Trading Post), these historic structures offer a unique blend of charm and modern functionality. The asking price is $549,500, representing a price per square foot of $167.38. The property is zoned commercial (APN: 48617) and presents a rare chance to acquire two established, profitable businesses in a desirable location. This owner/user opportunity is perfect for an entrepreneur seeking a turnkey operation with significant potential for growth.

Highlights

  • Indoor bar with serving window to patio.
  • Walk-in cooler included.
  • Security system installed.
  • Building recently renovated.
  • Corner lot location.
  • Fireplace feature.

Property Details for 700 Main St

Property type
Retail properties, Restaurants
Square Feet
3,283 SF
Year Built/Renovated
1901/2023
Buildings
2
Stories
1

Location Insight

City
Blanket
County
Brown
State
Texas
Latitude
31.824873022479
Longitude
-98.787553073538

FAQs

What type of property is this?
Retail property - Historic Downtown, Two Buildings, High Returns
Where is the retail property located?
The property is located at 700 Main St Blanket, TX.
What is the asking price?
The asking price for this property is $549,500.
What are key features of this property?
This property features: Indoor bar with serving window to patio.; Walk-in cooler included.; Security system installed.
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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700 Main St
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