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    708 Broadway St Andrews, TX 79714

    For Sale
    $850,000

    Established Restaurant, Owner Financing Available

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    311
    This thriving Andrews, TX restaurant presents a unique investment opportunity at $850,000. Located at 708 Broadway St, on a 0.48-acre lot, this established business is ready for a new owner. The sale includes all existing equipment, eliminating the need for significant upfront capital expenditures. A key advantage is the inclusion of a TABC license, a rare asset in Andrews County, allowing for immediate operation. The current setup offers flexibility with drive-thru, dine-in, and outdoor taco bar options, catering to diverse customer preferences. The seller is offering attractive financing terms, with owner financing available requiring only 25% down. This presents a compelling chance to own your own business, leveraging an existing customer base and established infrastructure. The property's versatile layout and existing infrastructure provide a solid foundation for continued success or creative expansion. The potential for growth and profitability is significant, making this a rare and attractive opportunity in the Andrews market. This turnkey operation minimizes the risks and complexities associated with starting a new restaurant from scratch. Serious inquiries are encouraged to explore this exceptional business opportunity. Contact us today to schedule a viewing and learn more about this remarkable offering.

    Property Features for 708 Broadway St

    General Information

    Property type
    Other commercial real estate
    Lot Size
    20,909 SF

    Building Details

    Year Built
    1970
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    La Fogata Mexican ... Mexican Restaurant

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Andrews
    County
    Andrews
    State
    Texas
    Longitude
    -102.5385
    Latitude
    32.32026

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    FAQs

    What type of property is this?
    Commercial real estate - Established Restaurant, Owner Financing Available
    Where is this commercial real estate located?
    The property is located at 708 Broadway St Andrews, TX.
    What is the asking price?
    The asking price for this property is $850,000.
    (432) 558-2925
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    708 Broadway St Andrews, TX 79714
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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
    708 Broadway St Andrews, TX 79714
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