304 W Cannon St - Restaurant FOR SALE


Fort Worth, TX 76104- Southside Medical District
$742,000 USD
817-328-2346
304 W Cannon St, Fort Worth, TX for Sale
$742,000 USD
Restaurant - FOR SALE
1/20
null | Request Cap Rate

304 W Cannon St
Fort Worth, TX 76104
Southside Medical District


HIGHLIGHTS

  • Commercial House in Highly Coveted Near Southside Area
  • 2nd Gen Restaurant with 2,000 Gallon Grease Trap
  • Exterior Turf Installed for Minimal Outdoor Maintenance
  • ADA Compliant

OVERVIEW

304 W Cannon and 308 W Cannon are being sold together with the asking price of $742K. 306 Cannon is a temperature-controlled storage facility for 304 Cannon. 304 Cannon is historically designated and has historic site tax exemption and will remain frozen for one more year. Permitted plans, surveys, and condominium agreements are accessible in the documents section. The building is ADA compliant with an exterior ramp, one ADA bathroom (two overall), and an upstairs office with attic space on the second floor. The original hardwoods have been reinforced. This former restaurant has a 2,000 gallon grease trap. New wood windows were installed in 2024 throughout 304 Cannon. Outdoor turf was recently installed all around the exterior of both buildings for easy maintenance. The property shares ownership in a condo association along with two other owners for access and maintenance of the common parking lot in the rear. The agreement includes maintenance of the parking lot under the individual’s plat and a non-exclusive easement. There is not a condo maintenance program currently in place that all members buy into; individuals pay for their own maintenance and landscaping as indicated on the property’s survey. There is not any reserved parking in the rear lot for any of the businesses.

FOR SALE DETAILS

PRICE

$742,000 USD

PRICE/SF

$247 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

Commercial House, Office, 2nd Gen Restaurant

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Storefront Retail/Office, Loft/Creative Space, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1977

SPRINKLERS

-

PARKING SPACES

13

LAND DETAILS

LAND ACRES

0.1 AC

LAND SF

4,356 SF

ZONING

NS-T4

APN/PARCEL ID

06211119,06211127

ASK ABOUT THIS PROPERTY

Stephanie BunnCentury 21 Mike Bowman, Inc.More Info
817-328-2346

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Stephanie BunnCentury 21 Mike Bowman, Inc.More Info
817-328-2346

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