2718 Gilmer Rd - Restaurant FOR SALE


Longview, TX 75604
$550,000 USD
903-570-7366
2718 Gilmer Rd, Longview, TX for Sale
$550,000 USD
Restaurant - FOR SALE
1/26
null | Request Cap Rate

2718 Gilmer Rd
Longview, TX 75604


HIGHLIGHTS

  • 13K VPD on Gilmer Road
  • 2.92 Acre for Future Development
  • 2nd Generation Restaurant Space

OVERVIEW

Located at 2718 Gilmer Road in Longview, TX, this 3,750 sq. ft. commercial space, previously utilized as a restaurant, is now available for sale or lease. The property is positioned on a busy street with a daily traffic count of 13,659 vehicles, the property offers high visibility and accessibility, making it an ideal spot for a range of business ventures. The existing infrastructure, suited for restaurant operations, provides a solid foundation for minimal renovation needs. This location benefits from a diverse mix of surrounding residential, retail, and business communities, enhancing its potential for attracting a steady flow of customers. With the property having approximately 3 acres, there is a great upside for development on the eastern boundary of the property.

FOR SALE DETAILS

PRICE

$550,000 USD

PRICE/SF

$147 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1996

SPRINKLERS

-

PARKING SPACES

31

LAND DETAILS

LAND ACRES

2.92 AC

LAND SF

127,195 SF

ZONING

Commercial

APN/PARCEL ID

26078

ASK ABOUT THIS PROPERTY

Samuel Scarborough CCIMScarborough Commercial Real EstateMore Info
903-570-7366

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Samuel Scarborough CCIMScarborough Commercial Real EstateMore Info
903-570-7366

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