212 Main StJacksonville, TX 75766

  • Commercial real estate
  • 1,250 SF
For Sale
$525,000 View listing

Property Details for 212 Main St

Year built
1932
Construction
CONCRETE
Lot size
0.03 AC
Property size (Sq ft)
1,250 SF
Property type
Commercial real estate
APN
222678000
APU
222678000

Description

This exceptional 3,600 square foot retail property at 212 S Main Street, Jacksonville, TX, presents a rare opportunity to acquire a well-established and beloved local eatery. Situated in the heart of Downtown Jacksonville's thriving commercial district, this luncheonette benefits from significant foot and drive-up traffic. The meticulously designed space boasts two spacious seating areas, perfect for accommodating a diverse clientele. A fully equipped kitchen and service area ensure efficient operations, while a dedicated bar adds to the ambiance and revenue potential. An added bonus is the upstairs event space, offering versatility and potential for expanded revenue streams. Ample parking is available for patrons, and the property's convenient location is within walking distance of UT Health Hospital, guaranteeing a steady stream of customers. The property sits on a 0.1-acre lot and benefits from recent city improvements, including a completed sidewalk project enhancing pedestrian access. This turnkey operation is offered at $414,000 and includes all existing kitchen equipment. The property's prime location and established reputation make it an ideal investment for a discerning buyer seeking a profitable and well-regarded business. Note that nearby complementary businesses are located at 221 South Main Street.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $315,093
    Hospitality
    $288,624
    Educational
    $240,132
    Medical
    $248,390
    Retail
    $373,538

Location Insight

City
Jacksonville
County
Cherokee
State
Texas
Latitude
31.9634
Longitude
-95.2726
CBSA code
27380
CBSA name
JACKSONVILLE, 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
2022
$801
$3,750
$155,870
$159,620
-
$3,750
$155,870
$159,620

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