Full-Service Steakhouse Restaurant
520 SE 24TH Avenue Perryton, TX 79070
For Sale
$625,000
COMMERCIAL - Perryton, TX
Property Size37,030 SF
Price / SF$16.88
Days on Market33
Property Features for 520 SE 24TH Avenue
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Standard status
- Active
- Size
- 37,030 SF
Taxes and HOA fees
- Tax Description
- LOT 1 BLK 1 PERR CLUB
Building Details
- Year built
- 1970
- Building materials
- Brick Veneer
Listing Agency:
FIMC Commercial Realty
(806) 358-7151
Listed By:
Kirk Chudej · License #604402
(806) 358-7151
Added: Jun 23
Last Checked: Jul 25 at 1:06PM
MLS# 26-3231
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 offering features Broken Horn Steakhouse, presented as a full-service steakhouse with event-oriented hospitality use. The package is marketed as business and real estate sold together, creating a built-in operating platform for an owner-operator or a hospitality buyer looking to manage the concept. The property size is listed at 37,030 square feet, supporting restaurant and hospitality activities within a single ownership structure.
The asset is located at 520 SE 24TH Avenue in Perryton, Texas, in Ochlitree County (ZIP 79070-5204). The provided materials describe the deal as underwritten on an illustrative real estate price basis of $650,000, with trailing net operating income of approximately $71,000 and an implied real estate cap rate of approximately 10.9%.
For tenants, buyers, or operators, the key consideration is the restaurant-and-events orientation combined with the fact that the business is included in the sale. Prospective purchasers should review the operating model and event programming fit, along with the property’s size and layout as it supports full-service service standards. For investors, the materials frame the real estate valuation using the illustrative figures provided, rather than projecting additional performance beyond the stated underwrite inputs.
The asset is located at 520 SE 24TH Avenue in Perryton, Texas, in Ochlitree County (ZIP 79070-5204). The provided materials describe the deal as underwritten on an illustrative real estate price basis of $650,000, with trailing net operating income of approximately $71,000 and an implied real estate cap rate of approximately 10.9%.
For tenants, buyers, or operators, the key consideration is the restaurant-and-events orientation combined with the fact that the business is included in the sale. Prospective purchasers should review the operating model and event programming fit, along with the property’s size and layout as it supports full-service service standards. For investors, the materials frame the real estate valuation using the illustrative figures provided, rather than projecting additional performance beyond the stated underwrite inputs.
Key Highlights
- Full‑service Broken Horn Steakhouse hospitality asset in Perryton, Texas
- Brick veneer construction
- Year built: 1970
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Brokenhorn Steakhouse
Restaurant
Similar Off Market Nearby
- China Buffet — 2802 S Main St, Perryton, TX 79070
FAQs
What type of property is this?
Conventional restaurant - Full-service steakhouse and event-oriented hospitality asset, offered with business and real estate sold together.
Where is this conventional restaurant located?
The property is located at 520 SE 24TH Avenue Perryton, TX.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: Full‑service Broken Horn Steakhouse hospitality asset in Perryton, Texas; Brick veneer construction; Year built: 1970
