19878 Fm 39Iola, TX 77861

Property Details for 19878 Fm 39

Lot size

1.90 AC

Property size (Sq ft)

3,911 SF

Property type

Retail properties

Property subtype

Restaurants

Description

This exceptional mixed-use property, formerly the Log Cabin Restaurant, presents a unique investment opportunity in Iola, TX. The 3,911 square foot building sits on a 1.9-acre lot boasting approximately 425 feet of road frontage along FM-39, offering excellent visibility. The well-maintained structure features two large gathering areas (approximately 33' x 40' and 33' x 30'), a dedicated bandstand area, and a fully equipped commercial kitchen. The kitchen includes two large walk-in coolers and a CaptiveAire ventilation hood. Two 500-gallon propane tanks are also on-site. The property includes a three-sided porch with wood railings and approximately half an acre of concrete parking, including a designated handicapped area. All utilities are in place, including three-phase power. The existing marquee sign is ready for your business branding. This property is ideally suited for a restaurant, but its versatile design allows for conversion into a residence, church, convenience store, or other commercial use. Located approximately 3 miles from Iola and within 30 minutes of College Station and Madisonville, this property offers convenient access to major transportation routes. The asking price is $475,000. The land value is $121.45 per square foot. Additional acreage and a 7,440 square foot shop are also available for purchase separately.

Location Insight

City

Iola

County

Grimes

State

Texas

Latitude

30.7323

Longitude

-96.0429

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

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.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].