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    7469 S Us Highway 79 Palestine, TX 75801

    Picture of Restaurants at S Us Highway 79 7469, Palestine, TX
    For Sale
    $550,000

    Retail - Palestine, TX

    Type:Retail
    Lot size:
    1.71 Acres
    Days on Market:
    90
    Last Refresh:
    Dec 10 at 4:06 am

    Property Features for 7469 S Us Highway 79

    General Information

    Property type
    Commercial Sale
    Property subtype
    Retail
    Standard status
    Active
    APN
    R41970
    Parking features
    Off Street, Open
    Lot size
    1.71 Acres

    Utilities

    Heating system
    Central, Electric (Heating)
    Cooling system
    Electric

    Building Details

    Year built
    1992
    Flooring type
    Other, Tile
    Building materials
    Aluminum Siding
    Roof type
    Metal
    Architectural style
    Other

    United Country Lake Palestine (903) 876-1051

    Listing agent Dana Staples (903) 266-2900 License #0546841

    Listing date Sep 12, 2025

    MLS# 20839187 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

    Restaurant Opportunity on Highway 79

    This partially furnished 3282 sq ft restaurant, formerly Lafitte's Cajun Café, is located on heavily traveled State Hwy 79, just south of Palestine, TX. The 1.71-acre property offers potential for live music, pool tables, a bar, and multiple seating areas. It includes two walk-in freezers for ample food storage and an integrated office area. Ample parking spaces surround the property. The property is being sold as is, with any necessary repairs or updates to meet current codes being the responsibility of the buyer. This restaurant offers the opportunity to step into a space with a rich history and shape its future.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Bars

    Suggested Use

    Wholesale Shop Hotel & Motel Bed & Breakfast

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

    Location Insight

    • Map
    • Local Demand
    City
    Palestine
    County
    Anderson
    State
    Texas
    Longitude
    -95.714678
    Latitude
    31.706272

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    FAQs

    What type of property is this?
    Restaurant - Partially furnished restaurant with ample parking on high-traffic highway.
    Where is this restaurant located?
    The property is located at 7469 S Us Highway 79 Palestine, TX.
    What is the asking price?
    The asking price for this property is $550,000.
    What are key features of this property?
    This property features: - High-traffic location on State Hwy 79, south of Palestine, TX, offering excellent visibility and accessibility.; - Large 3282 sq ft restaurant space with multiple seating areas, a bar, and potential for live music and entertainment.; - Equipped with **two walk-in freezers** for ample food storage.
    (903) 266-2900
    Request Owner's contact information
    7469 S Us Highway 79 Palestine, TX 75801
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    Palestine, TX 75801
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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
    7469 S Us Highway 79 Palestine, TX 75801
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