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515 W Royall Blvd
Malakoff, TX 75148
Ochoa's Mexican Restaurant · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • Profitable, well-established restaurant for sale with a solid base of loyal customers, well-trained staff, and an excellent reputation.
  • Numerous improvements include enclosing the large patio, adding a new 535-SF covered patio, remodeling the bar, and expanding the parking lot.
  • The sale includes the real estate, business, and all FF&E.
  • Cedar Creek Resort community, weekend homes for many Dallas, Ft. Worth residents, boating, fishing, and hunters.
  • Located on the main highway between Athens and Corsicana, about 12,000 vehicles daily.
  • Open 6 days a week. Opportunity to expand income potential by offering breakfast and 7 days a week.

PROPERTY FACTS

Property Type
Retail
Property Subtype
Restaurant
Building Size
5,555 SF
Building Class
B
Year Built/Renovated
1972/2021
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
1.20 AC
Zoning
Commercial - Commercial retail
Parking
81 Spaces (14.58 Spaces per 1,000 SF Leased)
Frontage
295’ on Royall Blvd

AMENITIES

  • Pylon Sign
  • Restaurant
  • Air Conditioning

ABOUT 515 W ROYALL BLVD , MALAKOFF, TX 75148

Freestanding restaurant with large parking area in the Cedar Creek resort community. Southeast of Dallas in Malakoff, home to Ochoa's Mexican Restaurant for 50 years. Ochoa's began in 1969 as a family owned business. It has a loyal customer base that continues to grow. Ochoa's Mexican Restaurant moved to 515 W Royall Boulevard in 1972. The building was later renovated in 2008, with the parking lot expansion in 2017 and bar and patio remodel in 2020. Excellent location on State Highway 31, the main thoroughfare connecting Athens and Corsicana, About 12,000 vehicles pass by daily. Ochoa's Mexican Restaurant serves the surrounding communities and numerous Dallas residents having lake front property. Cedar Creek Lake is popular for boating, water sports, and fishing. East Texas is also a popular for hunters. During the COVID-19 Shutdown of 2020, Ochoa's Mexican Restaurant continued to experience high demand with continuous carry-out orders and regular business from those desiring to dine-in.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
3407-0755-B400-61
Land Assessment
$16,536
Improvements Assessment
$554,847
Total Assessment
$571,383
  • Listing ID: 23254502

  • Date on Market: 6/1/2021

  • Last Updated:

  • Address: 515 W Royall Blvd, Malakoff, TX 75148

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