1102 Park AveOrange, TX 77630

  • Commercial real estate
  • 2,040 SF
For Sale
$690,500 View listing

Property Details for 1102 Park Ave

Year built
1973
Lot size
0.45 AC
Property size (Sq ft)
2,040 SF
Property type
Commercial real estate
APN
011945-007210
APU
11945007210

Description

This fully operational restaurant in Orange, Texas, presents a unique investment opportunity. Located on West Park Avenue in a high-traffic area with excellent visibility, this establishment is ready for immediate use. The spacious interior features a modern, fully equipped kitchen and a comfortable dining area, designed to accommodate both dine-in customers and larger gatherings. Ample on-site parking ensures convenient access for patrons. The restaurant's prime location within a thriving business district ensures consistent exposure to both local residents and visitors. This turn-key operation eliminates the need for extensive renovations or equipment purchases, allowing for a seamless transition and immediate revenue generation. The property is ideally suited for experienced restaurateurs seeking a profitable venture or newcomers looking to establish themselves in a desirable market. Its central location in Orange, Texas, offers easy access from major roads and is surrounded by complementary businesses, creating a synergistic environment. This is a rare chance to acquire a fully functioning restaurant in a highly sought-after location. The asking price is $690,500.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $641,890
    Hospitality
    $587,968
    Educational
    $489,182
    Medical
    $506,006
    Retail
    $760,950

Location Insight

City
Orange
County
Orange
State
Texas
Latitude
30.0997
Longitude
-93.7404
CBSA code
13140
CBSA name
BEAUMONT-PORT ARTHUR, TX METROPOLITAN 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
0
-
$23,800
$111,022
$134,822
-
$23,800
$111,022
$134,822

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