1619 Main St - Restaurant FOR SALE


Junction, TX 76849
$660,000 USD
210-362-0678
1619 Main St, Junction, TX for Sale
$660,000 USD
Restaurant - FOR SALE
1/1
null | Request Cap Rate

1619 Main St
Junction, TX 76849


HIGHLIGHTS

  • Includes High Profit Business
  • High Visibility

OVERVIEW

- THE BUSINESS IS STILL OPEN AND OPERATING, PLEASE DO NOT APPROACH STAFF WITH ANY QUESTIONS. - The Milky Way has been a fast-casual dining staple of the Junction community for generations. Recently renovated and revived, The Milky Way is now ready for its next phase of life. With strong sales and ample room for growth, this is your opportunity to own a little piece of Texas history! - The Milky way offers home-style classics made from scratch 7 days a week in a relaxed diner setting. Featuring fresh, never frozen burger patties from local ranchers, hand breaded chicken strips, and some of the best pizza in town, The Milky Way has established itself as a favorite with locals as well as tourists and I-10 travelers. - The business is strong with lots of upside potential but there is only really one year of verifiable financials. The business is also stable given that the real estate is owned and the location is highly visible and well-known and highly trafficked. There is also very little competition of an sort in the area, and The Milky Way is the only restaurant open 7 days a week. - The sale of the business and real estate also includes a small parcel of land that can be used for exterior dining. There is also potential to purchase an additional piece of adjacent land that could be used for a beer garden or other similar use.

FOR SALE DETAILS

PRICE

$660,000 USD

PRICE/SF

$543 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1950

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.33 AC

LAND SF

14,375 SF

ZONING

-

APN/PARCEL ID

5711

ASK ABOUT THIS PROPERTY

Van RinnRestaurant Realty GroupMore Info
210-362-0678

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Van RinnRestaurant Realty GroupMore Info
210-362-0678

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