Conventional Restaurant

Gorman, TX Conventional Restaurants for Sale

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Eastland, TX De Leon, TX Desdemona, TX Ranger, TX Carbon, TX Comanche, TX Dublin, TX Rising Star, TX
Mixed-Use Restaurant Building
Updated: Mar 21
Mixed-Use Restaurant Building

107 N Kent Street, Gorman, TX 76454

$175,000
0.08 AC lot
Historic downtown Gorman building built in 1920
Ground level includes a full restaurant and kitchen
Second‑floor space includes a bar and event center
All equipment and furniture conveys
Upstairs also includes 3 rooms that could be converted to living space
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Historic Gorman Restaurant and Event
Updated: Apr 22
Historic Gorman Restaurant and Event

107 N Kent Street, Gorman, TX 76454

$175,000
10,005 sqft
Fully equipped restaurant and kitchen included
Bar and event center on the second floor
Three rooms upstairs convertible to living space or Airbnb
All equipment and furniture included in the sale
Located one block off Highway 6
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Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Gorman, TX, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Thriving Restaurant on Main Street
Thriving Restaurant on Main Street

424 N Texas Street, De Leon, TX 76444

$900,000
7,000 sqft

Fully operational Mexican restaurant with living quarters in De Leon.

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Gas Station Convenience Store
Gas Station Convenience Store

400 W Loop 254, Ranger, TX 76470

$175,000
1,500 sqft

Fuel pumps and multiple coolers make this flexible Loop 254 property ready for retail, food, or reconfigured concepts.

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Turnkey Mexican Restaurant Private Room
Turnkey Mexican Restaurant Private Room

424 N Texas Street, De Leon, TX 76444

$850,000
0.26 AC lot

Turnkey Mexican restaurant on N Texas Street with fully equipped kitchen and private event room.

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Restaurant Space with Heavy-Duty Carport
Restaurant Space with Heavy-Duty Carport

400 E Loop 254, Ranger, TX 76470

$65,000
0.41 AC lot

Restaurant-ready space with a new roof, large dining area, and parking—ideal for reopening or converting to a new concept.

View details

Gorman, TX Conventional Restaurants Market Trends and Statistics

Explore 2 conventional restaurants for sale in Gorman, TX on our real estate platform. These investment opportunities span a total of 10,005 square feet of properties for sale, with an estimated market value of $350,000.

Sale prices for conventional restaurants in Gorman, TX average $175,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Conventional restaurants 2
Bars & Pubs 1

Demographics Overview

Population 1,396
Population Growth (5Y) -10.1%
Median Household Income $38,026
College Educated 18.2%

High-Yield Neighborhoods for Investment

Identify Gorman submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
76454 $175K

Taxes & Financing

Tax Rate (average for all types) 0.98%
Property Tax per SF $9.24 per SF
Tax Rate vs County Average 0.56 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Eastland County

New Delisted

Total CRE Inventory on Market (SF)

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