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Freestanding Restaurant Building
For Sale
$129,000

305 N 2nd Street, Canadian, TX 79014

Commercial Sale, Canadian, TX

Property Size2,870 SF
Lot Size0.48 Acres
Price / SF$44.95
Days on Market127

Property Features for 305 N 2nd Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning description 7000 - All areas in the 7000's
Parking features Parking Lot
Directions This property is located at the corner of Hwy 60/83 and Elsie St.
Subdivision 7010 - Canadian
Standard status Active
APN WARD KIDS
Size 2,870 SF
Lot size 0.48 Acres

Taxes and HOA fees

Tax Description Lots 1-6. Blk 33 OT
Legal Description Lots 1-6. Blk 33 OT

Utilities

Cooling system Central Air

Building Details

Year built 1975
Flooring type Tile
Roof type Metal
Listing Agency: Christina Hadaway Realty
Listed By: Christina Hadaway
Added: May 14 Changed: Sep 8 Last Checked: Sep 17 at 11:06AM
MLS# 26-2014

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.

Investment Insights

Based on property information with market context.

This 2,870-square-foot restaurant property occupies 0.48 acres at 305 N 2nd Street in Canadian, Texas. Built in 1975, the building includes tile flooring, central air, a metal roof, and an on-site parking lot. The property was formerly operated as a Dairy Queen.

The site is positioned along the Highway 60/83 thoroughfare in Canadian, providing a location suited to continued restaurant use or another commercial application supported by the existing improvements. Its physical features include paved customer parking, conditioned interior space, and durable metal roofing.

Key Highlights

  • 2,870‑square‑foot restaurant property on 0.48 acres
  • Located along Highway 60/83 in Canadian
  • Former Dairy Queen building

Property Analytics

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Current Use

Conventional restaurants

Suggested Use

Top Pick Real Estate Agency Dental Office Parking Lot & Garage HVAC Service Electrical Service Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

291
Businesses Nearby
Balanced
Demand for This Use

Demographics for 79014, TX

3,281
Population
1,642
Households
2
Avg Household Size
38
Median Age
25%
College-Educated
85%
High-School Grad
908.1 sq mi
ZIP Area
4
Density / Sq Mi
$72,743
Median Household Income
$39,814
Median Earnings
$950
Median Rent
$213,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Highway 60/83 property with a dedicated parking lot, central air, and restaurant-oriented improvements.
Where is this conventional restaurant located?
The property is located at 305 N 2nd Street Canadian, TX.
What is the asking price?
The asking price for this property is $129,000.
What are key features of this property?
This property features: 2,870‑square‑foot restaurant property on 0.48 acres; Located along Highway 60/83 in Canadian; Former Dairy Queen building
More about this property
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