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Turnkey Retail/Restaurant/Entertainment Venue 1450 FM 279 6,453 SF 50% Leased Retail Building Online Auction Sale Ben Wheeler, TX 75754
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Investment Highlights
- 1450 FM 279 is a rare opportunity for a freestanding retail asset (1,431 SF) and a restaurant/entertainment venue (5,022 SF), leased through 2027.
- Turnkey owner/user opportunity on 5.39 acres with ample room for expansion, boasting a strong retail foundation with a consistent consumer base.
- Expanding affluent population with an average household income of $107,516, where consumers spend $6.4 million annually in a 1-mile radius.
- Prime location with frontage on FM 279 in Ben Wheeler, gaining exposure to approximately 2,400 vehicles per day, and easy access from Highway 64.
- With a covered patio, full renovations (2020 to 2021), and historic charm, it is ideal for retail, office, dining, and entertainment concepts.
Executive Summary
The Whitehouse, one of the original homes in the heart of Ben Wheeler, offers a unique commercial opportunity with frontage along FM 279. This historic property was fully updated in 2020, blending modern convenience with timeless charm, and features a covered outdoor patio. Currently leased and bringing in a monthly revenue stream, the restaurant/entertainment property has a loyal customer base, benefiting from consistent local traffic and destination appeal within the area.
Encompassing 6,453 square feet atop 5.39 acres, these premier freestanding retail assets feature strong curb appeal with welcoming layouts and an inviting atmosphere, complete with abundant parking for high-volume events. The expansive site also allows flexibility for future event programming or potential expansion. These properties are primed for owner/users looking to establish a solid footprint in East Texas with an established consumer base and passive income.
1450 FM 279 is positioned just 0.3 miles off Highway 64, making it an incredibly convenient stop for locals and travelers passing through, as patrons can easily loop back onto the highway. This accessibility supports repeat visitation and capture of pass-through traffic alike. In addition, the site is 0.8 miles from the heavily frequented Dollar General, Exxon, and Chevron convenience stores, providing strong cross-shopping synergy and reinforcing its role as part of a well-trafficked local retail node. Within a 1-mile radius, a highly affluent population base creates a sturdy foundation for future users to build on, with a higher-than-national-average household income of $107,516.
There is a current lease on the main building(Not Whitehouse)grossing $5k per month until May 31st, 2027. The tenant wishes to finish out the lease. Please contact the local listing broker, Sam Scarborough if you have any other questions.
Don’t miss this rare opportunity to establish a business in one of East Texas’ most charming and rapidly expanding communities at 1450 FM 279.
Property tours are available by appointment only. Please contact the listing broker to schedule.
Encompassing 6,453 square feet atop 5.39 acres, these premier freestanding retail assets feature strong curb appeal with welcoming layouts and an inviting atmosphere, complete with abundant parking for high-volume events. The expansive site also allows flexibility for future event programming or potential expansion. These properties are primed for owner/users looking to establish a solid footprint in East Texas with an established consumer base and passive income.
1450 FM 279 is positioned just 0.3 miles off Highway 64, making it an incredibly convenient stop for locals and travelers passing through, as patrons can easily loop back onto the highway. This accessibility supports repeat visitation and capture of pass-through traffic alike. In addition, the site is 0.8 miles from the heavily frequented Dollar General, Exxon, and Chevron convenience stores, providing strong cross-shopping synergy and reinforcing its role as part of a well-trafficked local retail node. Within a 1-mile radius, a highly affluent population base creates a sturdy foundation for future users to build on, with a higher-than-national-average household income of $107,516.
There is a current lease on the main building(Not Whitehouse)grossing $5k per month until May 31st, 2027. The tenant wishes to finish out the lease. Please contact the local listing broker, Sam Scarborough if you have any other questions.
Don’t miss this rare opportunity to establish a business in one of East Texas’ most charming and rapidly expanding communities at 1450 FM 279.
Property tours are available by appointment only. Please contact the listing broker to schedule.
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Offering Memorandum Click Here to Access
Data Room Click Here to Access
- Offering Memorandum
- Operating and Financials
- Purchase Agreement
- Title and Insurance
Property Facts
Sale Type
Investment
Sale Condition
Auction Sale
Type of Ownership
Fee Simple
Property Type
Retail
Property Subtype
Building Size
6,453 SF
Building Class
C
Year Built/Renovated
1950/2020
Tenancy
Single
Building Height
1 Story
Building FAR
0.03
Lot Size
5.39 AC
Parcel Numbers
Zoning
Not Zoned - Not zoned
Parking
11 Spaces (1.7 Spaces per 1,000 SF Leased)
Amenities
- Restaurant
- Air Conditioning
Somewhat walkable
20/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Demographics
Demographics
1 mile
3 mile
5 mile
2025 Population
454
1,952
4,154
2020 Population
446
1,908
4,004
2030 Population
482
2,076
4,428
2025-2030 Projected Population Growth
6.2%
6.3%
6.6%
Daytime Employees
395
538
626
Total Businesses
48
86
110
Average Household Income
$107,516
$99,876
$94,224
Median Household Income
$102,041
$93,452
$80,063
Total Consumer Spending
$6.4M
$26.6M
$55.3M
Median Age
45.9
45.7
45.8
2025 Households
182
778
1,651
Percent College Degree or Above
12%
12%
11%
Average Home Value
$335,166
$343,025
$338,891
Sale Advisor
Sale Advisor
Samuel Scarborough CCIM, Broker/President
Samuel Scarborough, CCIM, is a highly experienced and accomplished commercial real estate broker based in Tyler, TX. Since 2016, Samuel has earned a reputation as a trusted advisor and expert in the local market.
He quickly established himself as a rising star in the industry, earning his Certified Commercial Investment Member (CCIM) designation in 2023, which is a globally recognized symbol of excellence in commercial real estate.
Over the course of his career, Samuel has built a strong track record of success representing clients in a wide range of commercial real estate transactions, including office, retail, industrial, and multifamily properties. He has a deep understanding of the local market and is known for his ability to identify opportunities that others may overlook.
Samuel is passionate about helping his clients achieve their goals and takes a hands-on approach to every transaction. He believes that communication is key, and works closely with his clients throughout the entire process to ensure that their needs are met and their expectations are exceeded.
In addition to his work as a commercial real estate broker, Samuel is actively involved in the Tyler community. He serves on the board of several local organizations, including the Tyler Economic Development Council, Champion’s for Children, Hospice of East Texas, Heart of Tyler, and many others.
Whether you are a buyer, seller, or landlord, Samuel Scarborough, CCIM, has the expertise and knowledge to help you achieve your commercial real estate goals. Contact Scarborough Commercial Real Estate today to learn more about how we can help you succeed.
He quickly established himself as a rising star in the industry, earning his Certified Commercial Investment Member (CCIM) designation in 2023, which is a globally recognized symbol of excellence in commercial real estate.
Over the course of his career, Samuel has built a strong track record of success representing clients in a wide range of commercial real estate transactions, including office, retail, industrial, and multifamily properties. He has a deep understanding of the local market and is known for his ability to identify opportunities that others may overlook.
Samuel is passionate about helping his clients achieve their goals and takes a hands-on approach to every transaction. He believes that communication is key, and works closely with his clients throughout the entire process to ensure that their needs are met and their expectations are exceeded.
In addition to his work as a commercial real estate broker, Samuel is actively involved in the Tyler community. He serves on the board of several local organizations, including the Tyler Economic Development Council, Champion’s for Children, Hospice of East Texas, Heart of Tyler, and many others.
Whether you are a buyer, seller, or landlord, Samuel Scarborough, CCIM, has the expertise and knowledge to help you achieve your commercial real estate goals. Contact Scarborough Commercial Real Estate today to learn more about how we can help you succeed.
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Videos
Matterport 3D Exterior
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Photos
Street View
Street
Map
3% Transaction Fee
Based on Winning Bid Amount
Minimum Transaction Fee
$20,000
Maximum Transaction Fee
$300,000
Example Calculation
Winning Bid Amount
$5,000,000
Transaction Fee
$150,000 (3%)
Total Purchase Price
$5,150,000
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Turnkey Retail/Restaurant/Entertainment Venue | 1450 FM 279
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