Restaurant Building with Brick
For Sale
$249,000
702 S Rice Street, Hamilton, TX 76531
COMMERCIAL - Hamilton, TX
Property Size2,026 SF
Lot Size0.51 Acres
Price / SF$122.90
Days on Market170
Property Features for 702 S Rice Street
General Information
Property type
Commercial Sale
Property subtype
Other
Parking features
Driveway
Lot features
City Lot, Half To One Acre Lot
Elementary school district
Hamilton ISD
Middle school district
Hamilton ISD
High school district
Hamilton ISD
Directions
From the courthouse head on 281 towards Lampasas it will be right over the hill on your Right
Standard status
Active
APN
R16420
Size
2,026 SF
Lot size
0.51 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
540 WM MCCONNELL; 75X100
Tax Annual Amount
2017
Legal Description
540 WM MCCONNELL; 75X100
Utilities
Sewer type
Public Sewer
Cooling system
Window Unit(s)
Water source
Public
Building Details
Year built
1940
Floors in Building
2
Flooring type
Concrete
Building materials
Masonry
Listing Agency:
Dixon Realty Team|KW
(254) 493-8004
Listed By:
Sara Brown · License #0826670
(254) 248-7850
Added: Feb 26
Changed: Aug 4
Last Checked: Aug 15 at 3:06AM
MLS# 605675
Copyright © 2026 Central Texas Multiple Listing Service. 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 2,026-square-foot masonry restaurant property sits on 0.5122 acres and includes a classic brick oven, concrete flooring, window-unit cooling, and driveway parking. Built in 1940, the building retains an established restaurant identity and can support continued food-service use or a refreshed concept within the existing structure.
The property is located at 702 S Rice Street in Hamilton, Texas, immediately off Highway 281. Public water and public sewer serve the site. The lot provides a substantial outdoor area associated with the restaurant property, while the existing building offers a compact footprint for operations, renovation, or repositioning.
The property is located at 702 S Rice Street in Hamilton, Texas, immediately off Highway 281. Public water and public sewer serve the site. The lot provides a substantial outdoor area associated with the restaurant property, while the existing building offers a compact footprint for operations, renovation, or repositioning.
Key Highlights
- 2,026 SF restaurant building on 0.5122 acres
- Classic brick oven included
- Masonry construction with concrete flooring
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
242
Businesses Nearby
5k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Home Improvements & Furnishings 78%
Shops & Services 22%
Higginbotham Bros. & Co., Llc
Home Improvements & Furnishings
2,861 visits/mo
0.5 miles
True Value Hardware
Home Improvements & Furnishings
1,362 visits/mo
0.1 miles
Cadence Bank
Shops & Services
1,197 visits/mo
0.5 miles
Demographics for 76531, TX
4,695
Population
2,333
Households
2
Avg Household Size
48
Median Age
22%
College-Educated
87%
High-School Grad
387.0 sq mi
ZIP Area
12
Density / Sq Mi
$55,651
Median Household Income
$37,667
Median Earnings
$851
Median Rent
$128,000
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Masonry restaurant property with driveway parking, concrete flooring, and public water and sewer service.
Where is this conventional restaurant located?
The property is located at 702 S Rice Street Hamilton, TX.
What is the asking price?
The asking price for this property is $249,000.
What are key features of this property?
This property features: 2,026 SF restaurant building on 0.5122 acres; Classic brick oven included; Masonry construction with concrete flooring
