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Restaurant Property With Multiple Buildings
For Sale
$450,000

101 Main Street, Lone Oak, TX 75453

CommercialSale, Lone Oak, TX

Property SizeContact for details
Lot Size0.28 Acres
Days on Market93

Property Features for 101 Main Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Comm
Parking features Open
Subdivision Orig Town Of Lone Oak
Lot features Corner Lot, Few Trees
Directions From Greenville: Take Hwy 69 S for 15 miles into Lone Oak. Property will be on your right at the stop light.
Standard status Active
APN 73697
Lot size 0.28 Acres

Taxes and HOA fees

Tax Description S4395 ORIG TOWN OF LONE OAK BLK 6 LOT 1 ACRES
Tax Annual Amount 980
Legal Description S4395 ORIG TOWN OF LONE OAK BLK 6 LOT 1 ACRES

Utilities

Sewer type Public Sewer
Heating system Electric (Heating), Central
Cooling system Electric, Central Air
Water source Public

Building Details

Year built 1985
Floors in Building 1
Number of units 3
Flooring type Vinyl
Roof type Asphalt, Mixed
Listing Agency: Exit Realty Pinnacle Group
Listed By: Kathy Hobbs · License #0417256
Added: Jun 4 Changed: Sep 2 Last Checked: Sep 4 at 3:06AM
MLS# 20063782

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

This restaurant-oriented property comprises five lots totaling 0.28 acres and includes three separate buildings. One building is leased to a restaurant, providing an existing commercial use within the property. Improvements date to 1985 and feature vinyl flooring, central heating, central air, electric systems, open parking, and mixed asphalt roofing.

The site has frontage on Hwy 69 and two additional road entrances, creating multiple points of access. Public water and public sewer serve the property. Its combination of restaurant occupancy, multiple buildings, and highway exposure supports a range of commercial operating configurations, subject to buyer verification of all listing information.

Key Highlights

  • Five lots totaling 0.28 acres
  • Three buildings, including one leased to a restaurant
  • Frontage on Hwy 69

Property Analytics

Current Use

LaPana Asian Cuisine Restaurant

Suggested Use

Top Pick Building Supply Plumbing Service Furniture & Home Goods Bakery (Bike/Boat/Book/etc) Store Garden 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

120
Businesses Nearby
Well-served
Demand for This Use

Demographics for 75453, TX

3,737
Population
1,298
Households
2.9
Avg Household Size
43
Median Age
13%
College-Educated
86%
High-School Grad
78.4 sq mi
ZIP Area
48
Density / Sq Mi
$82,000
Median Household Income
$51,506
Median Earnings
$1,096
Median Rent
$204,500
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 - Highway-fronted site offering three buildings, multiple entrances, and an existing restaurant lease.
Where is this conventional restaurant located?
The property is located at 101 Main Street Lone Oak, TX.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Five lots totaling 0.28 acres; Three buildings, including one leased to a restaurant; Frontage on Hwy 69
More about this property
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