228 Chestnut St - Restaurant FOR SALE


Abilene, TX 79602- Downtown Abilene
$350,000 USD
325-721-8800
228 Chestnut St, Abilene, TX for Sale
$350,000 USD
Restaurant - FOR SALE
1/1
null | Request Cap Rate

228 Chestnut St
Abilene, TX 79602
Downtown Abilene


HIGHLIGHTS

  • Heavy Daytime Foot and Vehicle Traffic and Across from the Courthouse
  • Turnkey Operation, ready to operate as a restaurant.
  • Vibrant and developing area in the Abilene SODA district.

OVERVIEW

Turn your dream of restaurant ownership into reality with this well-known and established business located in Abilene’s thriving SODA District. Surrounded by active businesses and within walking distance of the very busy courthouse, this property enjoys steady lunch traffic and potential breakfast customers, with strong potential to expand into evening hours as the district continues to grow as Abilene’s social center. The sale includes both the business and the property. Conveying equipment includes a large vent-a-hood, grill, fryolator, commercial stove, steam table, three-bay sink, ice machine, and a nearly new walk-in refrigerator. Includes a separate office and storage building. The roof was replaced in 2014, and the HVAC system has been professionally serviced every six months. This is a rare opportunity to acquire a turn-key operation in one of Abilene’s most up-and-coming areas.

FOR SALE DETAILS

PRICE

$350,000 USD

PRICE/SF

$161 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Gloria's Grill

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Fast Food, Storefront, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1891

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.08 AC

LAND SF

3,485 SF

ZONING

CB

APN/PARCEL ID

68639

ASK ABOUT THIS PROPERTY

Tommy SimonsTommy SimonsMore Info
325-721-8800

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Tommy SimonsTommy SimonsMore Info
325-721-8800

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