112 Austin StRanger, TX 76470

Property Details for 112 Austin St

Year built

1950

Lot size

0.14 AC

Property size (Sq ft)

2,465 SF

Property type

Commercial real estate

APN

56904

APU

56904

Description

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.

• Alternative Use

  Use

  Valuation

  Residential

  $777,303

  Hospitality

  $712,005

  Educational

  $592,380

  Medical

  $612,753

  Retail

  $921,480

Location Insight

City

Ranger

County

Eastland

State

Texas

Latitude

32.4717

Longitude

-98.6819

Property Tax & Assessments

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].