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    2501 Johnson St Greenville, TX 75401

    For Sale
    $1,600,000

    Retail - Greenville, TX

    Type:Retail
    Lot size:
    0.27 Acres
    Days on Market:
    244
    Last Refresh:
    Dec 5 at 1:06 am

    Property Features for 2501 Johnson St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Retail
    Standard status
    Active
    APN
    70596
    Parking features
    Off Street, On Street, Parking Lot
    Lot size
    0.27 Acres

    Utilities

    Heating system
    Central, Electric (Heating)
    Cooling system
    Ceiling Fan(s), Central Air, Electric

    Building Details

    Year built
    1907
    Flooring type
    Concrete, Wood
    Building materials
    Brick
    Roof type
    Tar/Gravel
    Architectural style
    Other

    Texas Starpath Partners Inc (972) 599-7000 [email protected]

    Listing agent Lance Taylor (972) 599-7000 License #0628447

    Listing date Apr 6, 2025

    MLS# 20542013 Listing URL

    Copyright © 2025 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Turnkey Restaurant Opportunity in Greenville

    Located across from the courthouse in downtown Greenville, Texas, this property features a second-generation restaurant space. Previously a profitable high-end steakhouse, the building has been repurposed into a fully furnished restaurant with a maximum capacity of 462. All existing furniture, fixtures, and equipment are included, with a complete list available in transaction documents. The restaurant, formerly Mac's American Grill, occupies the first floor of a three-story building. The second floor provides additional square footage for infrastructure equipment and office space. The third floor is suitable for a future event facility, offering views of downtown Greenville. The building meets all safety standards and is ADA compliant. A meeting room is available, suitable for business meetings and personal events, and is handicap accessible. The property is situated on a 0.269-acre lot.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Turn key restaurants

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Greenville
    County
    Hunt
    State
    Texas
    Longitude
    -96.105855
    Latitude
    33.139662

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    FAQs

    What type of property is this?
    Restaurant - Fully furnished restaurant with event space potential in downtown Greenville.
    Where is this restaurant located?
    The property is located at 2501 Johnson St Greenville, TX.
    What is the asking price?
    The asking price for this property is $1,600,000.
    What are key features of this property?
    This property features: - Fully furnished restaurant with a maximum capacity of 462, including all existing furniture, fixtures, and equipment.; - Prime downtown Greenville location across from the courthouse.; - Previously a profitable high-end steakhouse.
    (972) 599-7000
    Request Owner's contact information
    2501 Johnson St Greenville, TX 75401
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    Greenville, TX 75401
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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
    2501 Johnson St Greenville, TX 75401
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