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702 S Elm St
Denton, TX 76201
2nd Gen Restaurant w/ Parking - Boomtown · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Restaurant
Building Size
1,519 SF
Building Class
C
Year Built
1952
Tenancy
Single
Building Height
1 Story
Building FAR
0.32
Lot Size
0.11 AC
Zoning
MN - Mixed-Use Neighborhood
Parking
18 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
88’ on Elm St

AMENITIES

  • Storage Space
  • Air Conditioning

ABOUT 702 S ELM ST , DENTON, TX 76201

2nd generation restaurant. Great opportunity to have an owner occupied restaurant in top ranked (#2) boomtown (rated by SmartAsset). Turnkey condition with parking. Approximately 100k invested in the past 18 months. .5 miles from Denton's Courthouse on the Square on a major corridor going South. Also .5 miles from UNT and a little over 1 mile from both TWU and I35. The City of Denton's website states that "These streets are expected to be fully reopened to traffic and parking on or before Saturday, February 29" which has impacted Elm street mobility. This project's completion is expected to dramatically impact development in and around 702 S Elm and major development projects - multiple condo, townhome and mixed use projects - in the works. Mixed Beverage Permit and Food and Beverage Certificate was approved 11/19. Seafood restaurant closure comes with opportunity for you. New roof late 2018 2 new 3 ton AC’s late 2018 New outside electric panel 2020 All new FRP throughout kitchen 2019 All new bathroom fixtures 2019 New drive through window and 2 additional windows facing south 2019 New kitchen lighting 2019 New breaker box and electric lines to TV’s 2019 All new paint 2019 Parking lot restripe 2019 Updated (fully repaired) vent-a-hood 2019 Updated (fully repaired) walk in cooler 2019 New doors (rear door and shed) Current equipment, TV's and alarm system for sale or available

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R33458
Land Assessment
$117,089
Improvements Assessment
$148,058
Total Assessment
$265,147
  • Listing ID: 18449069

  • Date on Market: 2/7/2020

  • Last Updated:

  • Address: 702 S Elm St, Denton, TX 76201

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