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    518 Oak St Graham, TX 76450

    For Sale
    $395,000

    Iconic cafe, 3250 sq ft, huge potential.

    Property size:
    3,250 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    311
    Own a piece of Graham, Texas history with this established cafe, located on America's largest downtown square. This 3,250 square foot building, situated on a 0.1-acre lot, has been a beloved community staple for nearly 25 years. Marlene's Cafe boasts a prime location, attracting a loyal customer base with its popular breakfast and lunch menu. The cafe has been featured on television and has received awards, testament to its quality and popularity. Beyond the main dining area, the property includes additional back storage space, offering significant potential for expansion or diversification. The current setup provides a strong foundation for continued success, but there's also the exciting possibility of adding alcohol service to further enhance revenue streams. This turnkey operation presents a unique opportunity for an entrepreneur to acquire a thriving business with a rich history and significant upside. The property's location on the vibrant downtown square ensures high visibility and foot traffic, making it an ideal investment for those seeking a profitable and established business in a thriving community. Don't miss this chance to own a piece of Graham's legacy.

    Property Features for 518 Oak St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    3,250 SF
    Lot Size
    4,356 SF

    Building Details

    Year Built
    1940
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Marlene's the Big Chill Restaurant

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Graham
    County
    Young
    State
    Texas
    Longitude
    -98.59168
    Latitude
    33.10625

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    FAQs

    What type of property is this?
    Commercial real estate - Iconic cafe, 3250 sq ft, huge potential.
    Where is this commercial real estate located?
    The property is located at 518 Oak St Graham, TX.
    What is the asking price?
    The asking price for this property is $395,000.
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    518 Oak St Graham, TX 76450
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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
    518 Oak St Graham, TX 76450
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