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515 W Royall Boulevard

Malakoff, TX 75148
  • $1,595,000
  • STATUS: Active
  • ON SITE: 208 Days
  • MLS #: 14697390
UPDATED: 35 min ago
$1,595,000
  • 0
    BEDS
  • 1.2
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 5,555
    SQFT
  • $287
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1972
County:
Area:

School Ratings & Info

Offered by Richard Thornhill of Thornhill Realty.

Description

Profitable, well established restaurant (since 1969) with solid base of loyal customers. Building was renovated in 2008, expanded parking lot added in 2017, remodeled and expanded bar and enclosed patio in 2020. During 2020, the business had continuous carry out orders and long lines for those desiring to dine-in. Great visibility on Highway 31, four lane high volume traffic between Athens and Corsicana. Some of the staff including wait staff have been with the restaurant for 10+ years. Patronized by many within 20 mile radius and from Dallas residents with weekend homes on Cedar Creek Lake. Popular area for water sports, hunters, and lake vacationers. Sale includes business, building and land. If preferred, Buyer can purchase Business only for $950,000. Business only sale will include business name, recipes, kitchen equipment, furniture, etc.

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© 2022 North Texas Real Estate Information Systems. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Robbins Real Estate Group. The data relating to real estate for sale or lease on this web site comes in part from NTREIS. Real estate listings held by brokerage firms other than Robbins Real Estate Group are marked with the NTREIS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2022-05-22T18:39:59.797.
www.teamrobbins.com/homes/122730027
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515 W Royall Boulevard Malakoff, TX 75148

  • Price: $1,595,000
  • Status: Active
  • On Site: 208 Days
  • Updated: 35 min ago
  • MLS #: 14697390
0
Beds
0
Baths
0
½ Baths
1.2
Acres
5,555
SQFT
$287
$/SQFT
1972
Built
Neighborhood:
Ab 755 P Tumlinson Sur
County:
Henderson
Area:
Malakoff
Property Description
Profitable, well established restaurant (since 1969) with solid base of loyal customers. Building was renovated in 2008, expanded parking lot added in 2017, remodeled and expanded bar and enclosed patio in 2020. During 2020, the business had continuous carry out orders and long lines for those desiring to dine-in. Great visibility on Highway 31, four lane high volume traffic between Athens and Corsicana. Some of the staff including wait staff have been with the restaurant for 10+ years. Patronized by many within 20 mile radius and from Dallas residents with weekend homes on Cedar Creek Lake. Popular area for water sports, hunters, and lake vacationers. Sale includes business, building and land. If preferred, Buyer can purchase Business only for $950,000. Business only sale will include business name, recipes, kitchen equipment, furniture, etc.
Exterior Features

Construction Materials Walls Cement Block Foundation Slab Lot Size Source Other Open Parking Spaces 0 Parking Or Garage Common Road Frontage Distance 295 Roof Tar/Gravel Waterfront YN No

Interior Features

Ceiling Height 11 To 14 Feet Commercial Features Cooler/FreezerSingle User Cooling Central AirElectric Flooring Concrete Garage No Heating CentralNatural Gas Sq Ft Gross 33062

Property Features

Alarm Or Security Type Fire AlarmFirewall(S)Fire Sprinkler SystemSecurity LightsSecurity System Auction No Building Area Source Assessor Building Area Total 5555.00 Building Use Restaurant Business Name Ochoa's Mexican Rest Construction Status Preowned Exclusions Owners Personal items. Gross Annual Expenses 1310000.00 Gross Annual Income 1500000.00 Lake Name Cedar Creek List MLSProvider Collin County Association Of Realtors Multi Zoning No Municipal Utility District No Net Operation Income 190000 Possession Closing/Funding Property Attached No Property Type Business Tenant Pays All Utilities Transaction Includes BusinessLand & Improvements Unexempt Taxes 8518 Utilities City SewerCity Water Will Subdivide No Zoning Com

North Texas Real Estate Information Systems MLS logo Listing information © 2022 North Texas Real Estate Information System.


© 2022 North Texas Real Estate Information Systems. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Robbins Real Estate Group. The data relating to real estate for sale or lease on this web site comes in part from NTREIS. Real estate listings held by brokerage firms other than Robbins Real Estate Group are marked with the NTREIS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2022-05-22T18:39:59.797.
 
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Robbins Real Estate Group
1920 McKinney Ave WeWork/Robbins Real Estate Group
Dallas TX, 75201
Offered by Richard Thornhill of Thornhill Realty.