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    206 Main St Panhandle, TX 79068

    Sponsored
    For Sale
    $159,000

    COMMERCIAL - Panhandle, TX

    Property size:
    2,328 SF
    Lot size:
    0.08 Acres
    Days on Market:
    4
    Last Refresh:
    Jan 8 at 1:06 pm

    Property Features for 206 Main St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    6653
    Size
    2,328 SF
    Lot size
    0.08 Acres

    Utilities

    Cooling system
    Central Air

    Building Details

    Year built
    1920
    Flooring type
    Cone slab, Carpet

    Llano Realty, LLC (806) 392-9912

    Listing agent Kelly Lane

    Listing date Jan 5, 2026

    Copyright © 2026 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.

    Overview

    Panhandle, TX Restaurant Opportunity

    This is an opportunity to acquire Panther Pizza, a well-established restaurant business located in Panhandle, Texas. The property is situated in downtown Panhandle, near other restaurants and shops, offering high visibility. The building has a size of 2,328 square feet and is located on a lot of 0.08 acres. The business is known for its handmade pizzas and is currently operating with a steady customer base. This turn-key restaurant is ready for immediate operation.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Panther Pizza Pizza Restaurant

    Suggested Use

    Hotel & Motel Auto Parts Store Nursing Home Assisted Living Facility Florist Supermarket Food Market HVAC Service Electronics Store Computer & Electronic Repair

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Panhandle
    County
    Carson
    State
    Texas
    Longitude
    -101.37878
    Latitude
    35.343268

    Nearby Similar for Sale

    • $250,000
      19,940 SF

      Panhandle Commercial Opportunity on Highway

      Restaurant and office spaces with expansion potential on busy highway.
      406 Us-60, Panhandle, TX 79068
      View Details

    FAQs

    What type of property is this?
    Turn key restaurant - Established pizza restaurant for sale in downtown Panhandle, TX.
    Where is this turn key restaurant located?
    The property is located at 206 Main St Panhandle, TX.
    What is the asking price?
    The asking price for this property is $159,000.
    What are key features of this property?
    This property features: - Well-established and busy pizza business ready for immediate operation.; - Prime downtown location with **high visibility** near shops and another restaurant.; - Hand-made pizzas, a local staple.
    (806) 392-9912
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    206 Main St Panhandle, TX 79068
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    206 Main St Panhandle, TX 79068
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