701 50Th StLubbock, TX 79404

Property Details for 701 50Th St

Year built

1994

Lot size

1.32 AC

Property size (Sq ft)

6,384 SF

Zone code

38

Property type

Turn key restaurants

APN

R117725

APU

R117725

Description

This exceptional opportunity presents the chance to acquire George's Restaurant, a well-established Lubbock eatery with a rich history. Located at 701 E 50th St, Lubbock, TX 79404, this 6,384 square foot restaurant sits on a 1.319-acre lot. The property has undergone recent renovations, resulting in a turnkey operation ready for immediate use. The sale includes both the real estate and the established business, offering a seamless transition for the new owner. However, the seller is open to leasing the property to a qualified tenant. This prime location boasts high visibility and convenient access to major highways, ensuring a strong customer base. The asking price for the entire package is $1,000,000. Seller financing options are available, making this an attractive investment for those looking to enter the thriving Lubbock restaurant market. This iconic restaurant presents a unique opportunity to own a piece of Lubbock history and capitalize on a well-established, profitable business. The property's size and location make it an ideal investment for both operators and investors seeking a stable and successful venture. Don't miss this chance to own or lease a beloved Lubbock landmark.

Location Insight

City

Lubbock

County

Lubbock

State

Texas

Latitude

33.5492

Longitude

-101.829

CBSA code

31180

CBSA name

LUBBOCK, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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