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2718 Gilmer Rd 3,750 SF Retail Building Longview, TX 75604 $550,000 ($146.67/SF)
INVESTMENT HIGHLIGHTS
- 13K VPD on Gilmer Road
- 2nd Generation Restaurant Space
- 2.92 Acre for Future Development
EXECUTIVE SUMMARY
Located at 2718 Gilmer Road in Longview, TX, this 3,750 sq. ft. commercial space, previously utilized as a restaurant, is now available for sale or lease. The property is positioned on a busy street with a daily traffic count of 13,659 vehicles, the property offers high visibility and accessibility, making it an ideal spot for a range of business ventures.
The existing infrastructure, suited for restaurant operations, provides a solid foundation for minimal renovation needs. This location benefits from a diverse mix of surrounding residential, retail, and business communities, enhancing its potential for attracting a steady flow of customers.
With the property having approximately 3 acres, there is a great upside for development on the eastern boundary of the property.
The existing infrastructure, suited for restaurant operations, provides a solid foundation for minimal renovation needs. This location benefits from a diverse mix of surrounding residential, retail, and business communities, enhancing its potential for attracting a steady flow of customers.
With the property having approximately 3 acres, there is a great upside for development on the eastern boundary of the property.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
3,750 SF
Building Class
C
Year Built/Renovated
1996/2022
Price
$550,000
Price Per SF
$146.67
Tenancy
Single
Building Height
1 Story
Building FAR
0.03
Lot Size
2.92 AC
Zoning
Commercial - General Retail
Parking
31 Spaces (8.27 Spaces per 1,000 SF Leased)
Frontage
92’ on Gilmer Road
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- POSITION
- AVAILABLE
Nearly 1000 square feet of open patio and over 9000 square feet of parking. Main restaurant is approximately 3750 square feet.
| Space | Size | Space Use | Position | Available |
| 1st Floor | 1 SF | Restaurant | - | Now |
1st Floor
| Size |
| 1 SF |
| Space Use |
| Restaurant |
| Position |
| - |
| Available |
| Now |
1 of 15
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1st Floor
| Size | 1 SF |
| Space Use | Restaurant |
| Position | - |
| Available | Now |
Nearly 1000 square feet of open patio and over 9000 square feet of parking. Main restaurant is approximately 3750 square feet.
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 26078 | Improvements Assessment | $202,800 |
| Land Assessment | $93,630 | Total Assessment | $296,430 |
PROPERTY TAXES
Parcel Number
26078
Land Assessment
$93,630
Improvements Assessment
$202,800
Total Assessment
$296,430
1 of 27
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
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2718 Gilmer Rd
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