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303 Bar and Grill Restaurant 619 Broadway St 4,224 SF Retail Building Port Lavaca, TX 77979 $500,000 ($118.37/SF)
Investment Highlights
- New plumbing, modern lights, and fully integrated fire safety system.
- Bar with 2 kitchens, and a boil area and Patio area.
- POS system is wired to multiple components
Executive Summary
This family-oriented restaurant spans 2,880 sq ft and is located 2 blocks from the water. It has been recently updated with new plumbing, modern lighting, and a fully integrated fire safety system. The property includes a storage room of 1,520 sq ft and features several gaming areas for children. The POS system is wired to multiple components, including the register, bar, two kitchens, waitress station, and printers, ensuring efficient operation. There are two upstairs apartments, each with two bedrooms and one bath. These units have the potential to generate additional income. This establishment feature a bar and two kitchens. The bar area is equipped with 5 coolers, an ice maker, tea and lemonade dispensers, a soda fountain, and a margarita machine, all set up and ready for use. The first kitchen includes a conventional oven, two fryers, a commercial stove, an oven skillet, a 14-foot vent hood with suppression system, multiple refrigerators (including 1-to-3-door freezer), a commercial sink, a breadbasket, and a food warmer. The second kitchen offers three freezers and one refrigerator, along with
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
4,224 SF
Building Class
C
Year Built
1955
Price
$500,000
Price Per SF
$118.37
Tenancy
Single
Building Height
1 Story
Building FAR
0.20
Lot Size
0.48 AC
Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 38776 | Improvements Assessment | $220,600 |
| Land Assessment | $30,320 | Total Assessment | $250,920 |
Property Taxes
Parcel Number
38776
Land Assessment
$30,320
Improvements Assessment
$220,600
Total Assessment
$250,920
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303 Bar and Grill Restaurant | 619 Broadway St