935 Fm 1151 (claude)
Amarillo,
TX
79118
Property Details
List Price: |
$575,000 |
Beds: |
-- |
Baths: |
-- |
Status: |
Active |
SqFt: |
1976 |
Agency: |
Triangle Realty |
Description/Comments
Lot Size: |
-- |
Property Type: |
Commercial |
Year Built: |
1985 |
Notes: |
Introducing a unique investment opportunity with an exceptional 12%+ cap rate, this property boasts three distinct buildings on a sprawling 5-acre parcel. Strategically located with convenient access on two sides, the property features highway frontage on Fm 1151 (Claude Hwy) & Burlington Rd. This location ensures visibility and ease of entry. The centerpiece of this investment is the well-established Lonestar Bar and Grill, a seasoned restaurant that is a package deal with the real estate. With a proven track record and a loyal customer base, the restaurant adds significant value to the property. The potential for additional income is enhanced by the presence of rental office spaces and a mobile home, offering diverse revenue streams. *Financials are available upon request.* |
MlsNumber: |
24-768 |
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Listing Provided By: |
Triangle Realty, original listing |
Name: |
Triangle Realty |
Phone: |
(806) 367-8334 |
Office Name: |
Triangle Realty, LLC |
Office Phone: |
(806) 367-8334 |
Agent Name: |
JT Haynes |
Disclaimer: |
Copyright © 2024 Amarillo Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. |