525 E Oates, Garland, TX 75043

List Price
$1,199,000
MLS#
20662791
Status
ACTIVE
Type
Commercial
Subtype
CommercialSale
Year Built
1978
Construction Status
Preowned
Acres
0.51
County
Dallas
City
Garland
Subdivision
Rose Hill Acreage Homesites

Property Description

Great business opportunity to own a successful restaurant in a busy location. The seller is ready to retire and spend more time with family. The seller has been in the restaurant business for 40+ years. The seller's business is currently working based off 'word of mouth' and repeat customers alone (zero online presence). The opportunities are endless and this successful business has so much room for growth. The building has potential for a bar and drive thru. There are several nearby developments coming soon: new apartments, new waterpark, and more. There are 25 apartment complexes alone with multiple brand new apartment complexes within a 3 mile radius for potential customers. 60 apartment complexes within a 5 mile radius. Sale includes all furnishings: the dining tables, dining chairs, booths, cooking equipment, all you need for a quick turn around! There are so many more details to share.

Additional Information

Lot Size
22,132
Acres
0.51
Lot Description
Subdivision
Flooring
Carpet, Tile
Foundation
Slab
Roof
Shingle
Building Stories
1
Parking Garage
Additional Parking, On Site, Parking Lot, Private
Possession
ClosePlus30To60Days, CloseOfEscrow, ClosePlus60To90Days, Negotiable
Proposed Use
Restaurant
Inclusions
Building Only, Business, Furniture, Inventory, Land & Improvements, Machinery
Possession
ClosePlus30To60Days, CloseOfEscrow, ClosePlus60To90Days, Negotiable

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Marissa Avila from Standard Real Estate. Contact: 903-245-4448