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Restaurant with Equipment
For Sale
$1,500,000

408 23RD Street, Canyon, TX 79015

Commercial Sale, Canyon, TX

Property Size2,240 SF
Price / SF$669.64
Days on Market289

Property Features for 408 23RD Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning description 0900 - All of Canyon in City Limits
Parking features Parking Lot
Directions FROM AMARILLO TAKE EXIT 110 INTO US-60 W US-87 SOUTH TOWARD CANYON, CONTINUE ONTO US-87 S RESTAURANT IS ON THE LEFT.
Subdivision 0904 - WTAMU
Standard status Active
APN 215768
Size 2,240 SF

Taxes and HOA fees

Tax Description NORMAL LOTBLOCK 0003 8 LESS E 15FT ROW & ALL OF 7
Legal Description NORMAL LOTBLOCK 0003 8 LESS E 15FT ROW & ALL OF 7

Building Details

Year built 1980
Listing Agency: Regal, REALTORS
Listed By: Tia Van Ryn · License #0672134
Added: Nov 22, 2025 Changed: Sep 6 Last Checked: Sep 7 at 1:06PM
MLS# 25-9705

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 2,240-square-foot restaurant property was built in 1980 and is being offered with its interior contents. Conveyed items include restaurant equipment, tables, chairs, décor, kitchen appliances, prep stations, refrigeration units, and a bar setup. The establishment is currently operating, while the business name is excluded from the sale.

Located at 408 23RD Street in Canyon, Texas, the property includes a parking lot. The existing improvements and restaurant-oriented contents provide a defined physical setup for continued restaurant use or a new concept, subject to the buyer’s plans and applicable requirements.

Key Highlights

  • 2,240‑square‑foot restaurant property
  • Built in 1980
  • Interior contents convey, including equipment, furnishings, appliances, and refrigeration

Property Analytics

Current Use

Pepito's Mexican Restaurante Restaurant

Suggested Use

Top Pick Real Estate Agency Spa & Massage Center Law Firm Parking Lot & Garage Pharmacy Hair Salon

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

Location Intelligence

Trade Area within ½ mile

822
Businesses Nearby
Under-served
Demand for This Use

Demographics for 79015, TX

21,710
Population
9,311
Households
2.3
Avg Household Size
32
Median Age
40%
College-Educated
95%
High-School Grad
328.5 sq mi
ZIP Area
66
Density / Sq Mi
$81,351
Median Household Income
$43,168
Median Earnings
$976
Median Rent
$267,900
Median Home Value

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 - Operating restaurant property with furnishings, kitchen systems, refrigeration, and a dedicated parking lot.
Where is this conventional restaurant located?
The property is located at 408 23RD Street Canyon, TX.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: 2,240‑square‑foot restaurant property; Built in 1980; Interior contents convey, including equipment, furnishings, appliances, and refrigeration
More about this property
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