935 E FM 1151
Amarillo, TX 79118
Lonestar Bar & Grill (935 E FM 1151 Amarillo, · Flex Property For Sale

Introducing a unique investment opportunity with an exceptional 12%+ cap rate, this property boasts three distinct buildings on a sprawling 5-acre parcel. Strategically located with convenient access on two sides, the property features highway frontage on Fm 1151 (Claude Hwy) & Burlington Rd. This location ensures visibility and ease of entry. The centerpiece of this investment is the well-established Lonestar Bar and Grill, a seasoned restaurant that is a package deal with the real estate. With a proven track record and a loyal customer base, the restaurant adds significant value to the property. The potential for additional income is enhanced by the presence of rental office spaces and a mobile home, offering diverse revenue streams. The three buildings are tied together and share a common well located in the center of the property. Each building is equipped with its own septic system, ensuring operational efficiency. The flexibility of the 5-acre parcel also allows for potential subdivision. Platting will be required. The classification of the well is currently a "public water supply", due to the restaurant business. Detailed records of both the well and septic systems have been documented and are available upon request, offering transparency and assurance to potential investors. This investment property offers a rare combination of a high cap rate, diverse revenue streams, development potential, and an inclusive restaurant business. Seize the opportunity to invest in a strategically located property with promising returns and multiple avenues for income generation. Versatile Buildings: Lonestar Bar and Grill: A well-established restaurant with a seasoned reputation, offering immediate revenue generation. Rental Office Spaces: Potential income streams from versatile office spaces, catering to various business needs. Modular Home: A residential unit providing additional rental possibilities. Prime Location: Highway Frontage: The 5-acre property enjoys excellent access on two sides, with highway frontage on Fm 1151 and the Claude Hwy, ensuring visibility and attracting potential customers or tenants. Development Potential: Acreage Split: The expansive 5-acre parcel allows for potential subdivision, providing opportunities for further development or resale. Platting is required for this purpose. Infrastructure: Shared Well: All three buildings are tied to the same well. Water samples can be provided upon request. Individual Septic Systems: Building Efficiency: Each of the three buildings is equipped with its own septic system, contributing to operational efficiency and independence. Inclusive Business Sale: Restaurant Inclusion: The real estate transaction includes the sale of the Lonestar Bar and Grill, presenting an immediate and established business opportunity. Public Water Supply Classification: Well Classification: Due to the restaurant business, the well is recognized as a public water supply, verifying the property's utility and compliance with regulations. Transparent Documentation: Record Keeping: Comprehensive records of the well and septic systems have been documented and are available upon request, ensuring transparency and providing valuable information for investors.