For Sale
$425,000

112 Austin St Ranger, TX 76470

Historic Bar/Restaurant, High Potential

Overview

Added:
Dec 11, 2024
Days on market:
134
This exceptional commercial property, located at 112 S Austin Street in Ranger, Texas, presents a unique investment opportunity. The 7,500 square foot building, situated on a 0.356-acre lot (APN 54054), is zoned for commercial use and boasts a rich history. The property features a well-established bar and grill with both indoor and outdoor bar areas, pool tables, a dartboard area, a full-service kitchen, a dining area, and a stage for live entertainment. A spacious upstairs loft provides additional seating and overlooks the stage area. Adding to its versatility, the second floor also includes a recently updated three-bedroom, two-bathroom apartment, offering a separate income stream. The net rentable square footage is 3,872 square feet, with an asking price of $425,000 ($56.67 per square foot). This two-story building is located within the city limits of Ranger, offering easy access to local amenities and a strong potential customer base. The property's established reputation and diverse income streams make it an attractive investment for entrepreneurs seeking a turnkey operation with significant upside. This rare opportunity combines a thriving business with a valuable residential component, presenting a compelling package for discerning investors.

Highlights

  • 7,500 SF building on a 0.356-acre lot in Ranger, TX (APN 54054).
  • Established bar and grill with indoor/outdoor seating, kitchen, stage, and apartment.
  • Includes a 3 bed/2 bath apartment, generating additional income.
  • Zoned commercial, located within city limits.
  • Asking price: $425,000 ($56.67/SF).

Property Details for 112 Austin St

Property type
Retail properties, Restaurants
Square Feet
7,500 SF
Stories
2
Lot Size (sq. ft)
15,507 SF

Location Insight

City
Ranger
County
Eastland
State
Texas
Latitude
32.470572375829
Longitude
-98.682273310742

FAQs

What type of property is this?
Retail property - Historic Bar/Restaurant, High Potential
Where is the retail property located?
The property is located at 112 Austin St Ranger, TX.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: 7,500 SF building on a 0.356-acre lot in Ranger, TX (APN 54054).; Established bar and grill with indoor/outdoor seating, kitchen, stage, and apartment.; Includes a 3 bed/2 bath apartment, generating additional income.
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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112 Austin St
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