For Sale
$1,200,000

518 Mill AveConroe, TX 77301

Prime Corner Lot, Multi-Revenue Streams

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional Conroe, Texas restaurant presents a unique investment opportunity. The property features a 3,300 square foot building on a 0.36-acre corner lot, offering high visibility and accessibility. Currently operating as a multi-tenant property with four tenants, including a taqueria and an ice cream shop, the property provides diverse income streams. The building, constructed in 1984, includes ample parking for 10 vehicles and a potential drive-through option. The property is zoned for commercial use and offers significant potential for expansion, including online ordering and delivery services, and the addition of outdoor dining. With its proven income generation and multiple revenue streams, this property is ideal for both established restaurateurs and aspiring entrepreneurs seeking a turnkey operation with significant growth potential. The asking price is $1,200,000, translating to $363.64 per square foot. This is a rare opportunity to acquire a well-established, multi-tenant commercial property in a thriving Texas market.

Highlights

  • $1,200,000 asking price for a multi-tenant retail property in Conroe, TX.
  • 3,300 square foot restaurant with four tenants, including a taqueria and ice cream shop.
  • Located on a 0.36-acre corner lot with 10 parking spaces in Montgomery County.
  • Built in 1984, offering diverse revenue streams and potential for expansion.
  • Prime location with high visibility and foot traffic.

Property Details for 518 Mill Ave

Property type
Retail properties, Restaurants
Square Feet
3,300 SF
Class
C
Year Built
1984
Lot Size (sq. ft)
15,682 SF

Location Insight

City
Conroe
County
Montgomery
State
Texas
Latitude
30.3037146
Longitude
-95.4616942
518 Mill Ave, Conroe, Texas

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518 Mill Ave
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