97 Main StBailey, TX 75413

  • Commercial real estate
  • 1,128 SF
For Sale
$165,000 View listing

Property Details for 97 Main St

Year built
1996
Lot size
0.06 AC
Property size (Sq ft)
1,128 SF
Property type
Commercial real estate
APN
94166
APU
94166

Description

This exceptional opportunity presents the former Bailey BBQ, ideally situated at the intersection of 97 N Main in Bailey, Texas. This 1,128 square foot restaurant sits on a 0.06-acre lot and is offered at $165,000. The property boasts significant advantages for a new owner, including prime FM frontage, access to city water and sewer services, and a fully equipped kitchen ready for immediate operation. The sale includes all existing restaurant equipment, eliminating the need for costly initial investments. This comprehensive inventory encompasses a smoker, ice machine, food warmers, fryers, griddle, stove, an array of utensils, a coffee maker, and ample tables and chairs. The restaurant's location within the growing market of Fannin County presents a compelling opportunity for continued success. The turnkey nature of this offering allows for a seamless transition into ownership, minimizing start-up time and maximizing potential returns. This is a rare chance to acquire an established business with all the necessary equipment and infrastructure in place, ready for a new owner to step in and begin generating revenue. The property's convenient location and existing infrastructure make it an attractive proposition for entrepreneurs seeking a profitable venture in a thriving community. Don't miss this chance to own your own piece of Bailey, Texas.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $284,340
    Hospitality
    $260,454
    Educational
    $216,695
    Medical
    $224,147
    Retail
    $337,081

Location Insight

City
Bailey
County
Fannin
State
Texas
Latitude
33.4326
Longitude
-96.1659
CBSA code
14300
CBSA name
BONHAM, TX MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2018
$1,081
$7,490
$54,980
$62,470
-
$7,490
$54,980
$62,470

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