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Restaurant for Sale 401 N Spur 63 10,740 SF Retail Building Longview, TX 75601 $720,000 ($67.04/SF)
Investment Highlights
- Excellent visibility along Spur 63.
- Large lot with ample on-site parking.
- Prime location in Longview’s established retail corridor.
Executive Summary
401 N Spur 63 in Longview, TX offers a prime retail opportunity in the heart of the city’s established retail corridor. Formerly operated as a Japanese restaurant, the property sits on a large lot with ample parking to accommodate high customer traffic. With excellent visibility along Spur 63 and strong traffic counts of 23,398 vehicles per day (TXDOT 2022), the site is well positioned for a variety of retail, restaurant, or service uses.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
10,740 SF
Building Class
C
Year Built
1979
Price
$720,000
Price Per SF
$67.04
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
1.99 AC
Zoning
C1 - Commercial
Parking
80 Spaces (7.45 Spaces per 1,000 SF Leased)
Frontage
232’ on North Spur 63
Space Availability
- Space
- Size
- Space Use
- Position
- Available
Former Japanese Restaurant space.
| Space | Size | Space Use | Position | Available |
| 1st Floor | 10,740 SF | Restaurant | Outparcel | Now |
1st Floor
| Size |
| 10,740 SF |
| Space Use |
| Restaurant |
| Position |
| Outparcel |
| Available |
| Now |
1st Floor
| Size | 10,740 SF |
| Space Use | Restaurant |
| Position | Outparcel |
| Available | Now |
Former Japanese Restaurant space.
Fairly walkable
50/100
Very drivable
80/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 69339 | Improvements Assessment | $320,590 |
| Land Assessment | $230,130 | Total Assessment | $550,720 |
Property Taxes
Parcel Number
69339
Land Assessment
$230,130
Improvements Assessment
$320,590
Total Assessment
$550,720
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