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502 W Morgan St 4,525 SF Retail Building Meridian, TX 76665 For Sale



INVESTMENT HIGHLIGHTS
- 2nd Generation Restaurant/Retail
- Currently Leased by Ay Jalisco
- Close Proximity to Highway 6
- Kitchen Equipment Included in Sale
- Mexican Restaurant Bar & Grill
- Excellent Visibility and Easily Accessible
EXECUTIVE SUMMARY
Prime Commercial Property in Meridian, TX – 2nd Generation Restaurant/Retail.
Seize this outstanding investment opportunity in the heart of Meridian, TX! This ±3,621 SF commercial property at 502 W Morgan, Meridian, TX 76655 offers prime visibility and accessibility near Highway 6. Currently leased by Ay Jalisco Mexican Restaurant Bar & Grill, this turnkey restaurant space includes kitchen equipment in the sale, making it ideal for investors or business owners looking for a ready-to-go retail or dining establishment.
Key Highlights:
-2nd Generation Restaurant/Retail Space
-Kitchen Equipment Included – Move-in ready for your business
-High-Visibility Location – Close proximity to Highway 6
-Zoned Commercial (C) – Suitable for various business types
-Ample Accessibility & Exposure
With a median household income of $58,132 and a growing local population, this property presents an exceptional opportunity in a thriving commercial district. For more information, visit us online at OnwardCRE.com of give us a call at 254.870.0050!
Seize this outstanding investment opportunity in the heart of Meridian, TX! This ±3,621 SF commercial property at 502 W Morgan, Meridian, TX 76655 offers prime visibility and accessibility near Highway 6. Currently leased by Ay Jalisco Mexican Restaurant Bar & Grill, this turnkey restaurant space includes kitchen equipment in the sale, making it ideal for investors or business owners looking for a ready-to-go retail or dining establishment.
Key Highlights:
-2nd Generation Restaurant/Retail Space
-Kitchen Equipment Included – Move-in ready for your business
-High-Visibility Location – Close proximity to Highway 6
-Zoned Commercial (C) – Suitable for various business types
-Ample Accessibility & Exposure
With a median household income of $58,132 and a growing local population, this property presents an exceptional opportunity in a thriving commercial district. For more information, visit us online at OnwardCRE.com of give us a call at 254.870.0050!
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
4,525 SF
Building Class
B
Year Built
1990
Tenancy
Single
Building Height
1 Story
Building FAR
0.21
Lot Size
0.50 AC
Opportunity Zone
Yes
Zoning
C
Parking
20 Spaces (4.42 Spaces per 1,000 SF Leased)
Frontage
25’ on MORGAN ST
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $368,984 | |
| Land Assessment | $24,911 | Total Assessment | $393,895 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$24,911
Improvements Assessment
$368,984
Total Assessment
$393,895
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502 W Morgan St
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