3921 S Highway 287 - Restaurant FOR SALE


Waxahachie, TX 75165
$1,800,000 USD
972-333-3180
3921 S Highway 287, Waxahachie, TX for Sale
$1,800,000 USD
Restaurant - FOR SALE
1/18
null | Request Cap Rate

3921 S Highway 287
Waxahachie, TX 75165


HIGHLIGHTS

  • Heavy Highway Traffic

OVERVIEW

Restaurant & Event Center Property – Real Estate Only Exceptional opportunity to acquire a 10,000+ square foot commercial property on almost 3 acres, currently operating as a restaurant and event center. Conveniently located along U.S. 287 between I-35 and State Highway 45, the property offers excellent regional accessibility and a strategic location for a variety of commercial uses. The property features substantial existing improvements designed to accommodate both restaurant operations and private or public events. The versatile layout and existing infrastructure provide an excellent foundation for a future owner-user, investor, restaurant operator, event venue, or other commercial concept and can accomodate from 1 to 285 guests. With three beautifully appointed event spaces as follows: Bluebonnet Stage Room: Part of the main restaurant floor that can be closed off for private events with the glass garage doors. The main stage can be used for award ceremonies, banquets, events and parties of all kinds. This flexible space can be opened to both the main dining room and the smaller private room. Bluebonnet Station: The perfect private party room for your next birthday, anniversary, reunion, shower, or corporate event. This room features three insta-worthy walls, flexible and stationary serving areas and views of our gorgeous back yard. Throw open the barn doors and rent this space alongside the Bluebonnet Stage Room. And the Bluebonnet Retreat: Rustic and laid-back, our stand-alone Bluebonnet Retreat features it's own private kitchen and bar area, a 900 square foot covered porch, outside pavilion and on-site bathrooms. The porch features dreamy views of our landscaped backyard and pond, and offers the perfect retreat for your guests. The current business is relocating, creating a unique opportunity to acquire the real property only without assuming the existing business. The business, trade name, inventory, furniture, fixtures, equipment, and other personal property are excluded from the offering unless separately negotiated. Property is located outside of city limits in Ellis County.

FOR SALE DETAILS

PRICE

$1,800,000 USD

PRICE/SF

$180 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Freestanding, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2004

SPRINKLERS

-

PARKING SPACES

80

LAND DETAILS

LAND ACRES

2.97 AC

LAND SF

129,373 SF

ZONING

No Known

APN/PARCEL ID

180994

ASK ABOUT THIS PROPERTY

Damon BentleyColdwell Banker- McClain-Lewis TeamMore Info
972-333-3180

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Damon BentleyColdwell Banker- McClain-Lewis TeamMore Info
972-333-3180

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