620 SW 16th Ave - Restaurant FOR SALE


Amarillo, TX 79101
$850,000 USD
806-683-1330
620 SW 16th Ave, Amarillo, TX for Sale
$850,000 USD
Restaurant - FOR SALE
1/21
null | Request Cap Rate

620 SW 16th Ave
Amarillo, TX 79101


HIGHLIGHTS

  • 2 Dining Rooms equipped with sound diffusers for superior acoustic control.
  • 2 Fully Outfitted Kitchens featuring 2 commercial vent hoods and dedicated wait stations
  • Exterior Secure Storage: Fully fenced outdoor storage area with an included 12-foot storage container
  • TPO roof replaced in 2015
  • 6 total HVAC units replaced in 2015
  • Wet pipe sprinkler system installed in 2013

OVERVIEW

Exceptional Turnkey Commercial Opportunity Situated on a 0.8-acre lot near Central Amarillo with fast access to I-40 and Washington St, this versatile turnkey facility is fully outfitted for an established or expanding restaurant, brewery, banquet hall, or premier event space. This property offers a functional, high-capacity layout and major infrastructural upgrades ready for immediate operation. This price includes the equipment! Key Property Features & Layout Generous Capacity: Rated for 250 occupancy, ideal for high-volume dining, private banquets, or community events. 2 Dining Rooms equipped with sound diffusers for superior acoustic control. 2 Fully Outfitted Kitchens featuring 2 commercial vent hoods and dedicated wait stations. 1,500-Gallon Grease Trap large interior walk-in refrigerator and freezer 60 parking spaces Exterior Secure Storage: Fully fenced outdoor storage area with an included 12-foot storage container. Infrastructure & System Details Roof: TPO roof replaced in 2015 per Seller HVAC: 6 total HVAC units replaced in 2015 per Seller Fire Protection: Wet pipe sprinkler system installed in 2013 Located on SW 16th Avenue between Washington Street and Madison Street, this property offers easy navigation and cross-city connectivity. Immediate Highway Access: Just blocks from I-40 (Exit 69-B), making it effortless for patrons traveling from anywhere across the Texas Panhandle. Central Commercial Hub: Positioned just south of the downtown core, the area bridges historic residential neighborhoods with active commercial corridors.

FOR SALE DETAILS

PRICE

$850,000 USD

PRICE/SF

$98 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

1951

SPRINKLERS

-

PARKING SPACES

60

LAND DETAILS

CROSS STREETS

Madison

LAND ACRES

0.8 AC

LAND SF

34,848 SF

ZONING

PD

APN/PARCEL ID

R-065-1000-5938-0

ASK ABOUT THIS PROPERTY

Holly CoatsKW CommercialMore Info
806-683-1330

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Holly CoatsKW CommercialMore Info
806-683-1330

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