200 Us Highway 175Athens, TX 75751

For Sale
$399,000
Established Restaurant, High Traffic Location

Overview

Added:
Dec 11, 2024
Days on market:
125
This 2,998 sq ft restaurant in Athens, TX, presents a compelling value-add investment opportunity. Located at 200 US Hwy 175 W, this single-story, 1982-built property sits on a 0.29-acre lot (12,632 sq ft) with 15 parking spaces. Currently operating at 100% occupancy, the restaurant features a fully equipped kitchen and dining area, ready for immediate use. The property benefits from high visibility and traffic counts exceeding 6,500 vehicles daily. With a permitted commercial zoning and significant air rights (12,632 sq ft), this property offers considerable potential for expansion or redevelopment. The asking price is $399,000, translating to $133.09 per square foot. This is a single-tenant property with no remaining lease term. The property is owner-occupied. This prime location in a growing city offers a strong foundation for success within a thriving local dining scene. The property's features and location make it an attractive investment for experienced food service entrepreneurs seeking a turnkey operation or those looking to capitalize on the potential for future development. The property's Class C designation reflects its age and potential for upgrades, presenting a clear path for value enhancement. This is a rare opportunity to acquire a well-established restaurant in a desirable location with significant upside potential.

Highlights

  • $399,000 asking price for a 2,998 SF restaurant in Athens, TX.
  • Located at 200 US Hwy 175 W, a high-traffic area with over 6,500 vehicles passing daily.
  • Fully equipped restaurant with a 2,998 SF building on a 0.29-acre lot (12,632 SF).
  • 100% occupied, single-tenant, Class C property with 15 parking spaces.
  • Value-add opportunity with significant air rights (12,632 SF).

Property Details for 200 Us Highway 175

Property type
Retail properties, Restaurants
Square Feet
2,998 SF
Class
C
Year Built
1982
Buildings
1
Stories
1
Units
1

Location Insight

City
Athens
County
Henderson
State
Texas
Latitude
32.2055784
Longitude
-95.8706924
200 Us Highway 175, Athens, Texas

FAQs

What type of property is this?
Retail property - Established Restaurant, High Traffic Location
Where is the retail property located?
The property is located at 200 Us Highway 175 Athens, TX.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: $399,000 asking price for a 2,998 SF restaurant in Athens, TX.; Located at 200 US Hwy 175 W, a high-traffic area with over 6,500 vehicles passing daily.; Fully equipped restaurant with a 2,998 SF building on a 0.29-acre lot (12,632 SF).
How can I contact the broker?
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200 Us Highway 175
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