217 College St - Retail FOR SALE


Sulphur Springs, TX 75482
$695,000 USD
903-450-5938
217 College St, Sulphur Springs, TX for Sale
$695,000 USD
Retail - FOR SALE
1/12
null | Request Cap Rate

217 College St
Sulphur Springs, TX 75482


HIGHLIGHTS

  • Long standing retail restaurant
  • Walkable to the historic downtown of Sulphur Springs
  • Suited for continuing operation or redevelopment

OVERVIEW

217 College St, Sulphur Springs, Texas is a mid-century modern commercial building built in 1960 located just two blocks from historic downtown Sulphur Springs. This versatile property features a fully furnished large dining area, a separate party room with a private kitchen and a spacious commercial kitchen with a walk-in cooler. Additional amenities include a private office with separate entry, handicap accessible ramps and a large wrap around parking area with an outdoor storage unit. Excellent visibility and proximity to downtown shopping and dining make this property ideal for a restaurant, event venue, or other commercial uses. The adjoining property at 225 College St. includes a 1920's home offering approximately 2212 sf of additional space. This structure provides flexible options for the new owner-use as office space, storage, or redevelopment potential such as expanding parking or future building projects. Together, this property offers flexible options in a highly visible location near downtown shopping perfect for an entrepreneur, investor or developer looking to grow in one of East Texas' most vibrant communities. Currently, the El Charro name and recipes are not included in the sale, but the owner is prepared to discuss the purchase of those with a serious buyer that in interested in those entities. Financials will be provided with non-disclosure agreement.

FOR SALE DETAILS

PRICE

$695,000 USD

PRICE/SF

$150 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

El Charro Restaurant

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Bar, Restaurant, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1960

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

Commercial

APN/PARCEL ID

R000001493

ASK ABOUT THIS PROPERTY

Randy TarpleyTarpley RealtorsMore Info
903-450-5938

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Randy TarpleyTarpley RealtorsMore Info
903-450-5938

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