111-113 S Lamar St - Storefront FOR SALE


Eastland, TX 76448
$1,050,000 USD
972-737-2514
111-113 S Lamar St, Eastland, TX for Sale
$1,050,000 USD
Storefront - FOR SALE
1/20
null | 5.71% Cap Rate

111-113 S Lamar St
Eastland, TX 76448


HIGHLIGHTS

  • Fully renovated historic brick building with modern upgrades completed in 2021.
  • Ground floor restaurant features turnkey setup with commercial kitchen and cafe entrance.
  • Exclusive branding package and restaurant marketing campaign included with sale.
  • Four executive residential units on the second floor with a private entrance.
  • Located on the west side of Courthouse Square, with easy access to I-20 and major Eastland amenities.
  • Energy-efficient utilities, LED lighting, and recently replaced roof for improved operational savings.

OVERVIEW

This historic all-brick property, located on the west side of Eastland’s Courthouse Square, offers a distinctive investment opportunity. Spanning 10,300 square feet, the building has undergone a comprehensive renovation completed in 2021, enhancing its utility and aesthetic appeal. The ground floor features a branded, 5,500-square-foot turnkey restaurant and bar with two separate customer entrances, a professional-grade kitchen, a catering area, and a cozy cafe setup. Modern upgrades include LED lighting, energy-efficient utilities, and a complete HVAC system installed in 2021, along with a new roof in 2022. The second floor introduces four executive residential apartments with a separate entrance, offering additional income potential or owner-occupant flexibility. Each suite has been thoughtfully designed with high-end finishes, energy-efficient appliances, and updated plumbing and electric systems. Transferable branding and an active marketing campaign for the restaurant concept are available, adding immediate value to operators or investors planning a seamless transition. Strategically positioned just one mile from Interstate 20 and within walking distance to local businesses, this property leverages Eastland’s vibrant downtown atmosphere. This dual-use asset is ideal for buyers seeking both commercial utility and residential upside in a growing Texas market.

FOR SALE DETAILS

PRICE

$1,050,000 USD

PRICE/SF

$102 USD /SF

CAP RATE

5.71%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Restaurant, Storefront Retail/Office, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1930

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.12 AC

LAND SF

5,227 SF

ZONING

F1

APN/PARCEL ID

12033

ASK ABOUT THIS PROPERTY

Rachel BoelterLion's Gate MedicalMore Info
972-737-2514

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Rachel BoelterLion's Gate MedicalMore Info
972-737-2514

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.