Historic Restaurant Opportunity in
110 W Bailey Street, Ponder, TX 76259
Turnkey restaurant with rich history, building, and business included.
Property size:
2,950 SFPrice / SF:
$644/SF- Added:
- Jan 1, 2025
- Days on Market:
- 515
- Last Refresh:
- May 13 at 8:37 pm
Property Features for 110 W Bailey Street
General Information
- Standard status
- Active
- Size
- 2,950 SF
- Property subtype
- Other
Building Details
- Year Built
- 1903
Listing agent Eric Scortia
Listing office Berkshire HathawayHS PenFed TX
Listing date Jan 1, 2025
Source Xome
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All listing content including descriptions, pricing, images are the copyrighted material of Berkshire HathawayHS PenFed TX
HighLights
- Opportunity to acquire both the real estate and the Ranchman's business, including all equipment, inventory, and intellectual property.
- Fully renovated in 2022 with ADA compliance, new roof, complete plumbing upgrade, rewiring, epoxy flooring, Hardie siding, ductless HVAC, and tankless water heater.
- Established business with a rich history dating back to 1903 (formerly Ponder Steakhouse), a Texas tradition.
- Includes a commercial building and parking lot on a lot with dimensions of 120x130.54.
- Features celebrity guest history including John Wayne, Warren Beatty, Stevie Nicks, and others.
- Notable media features including The Big Texas Steakhouse Cookbook, Food Network with Bobby Flay, and The Texas Bucket List (NBC).
Overview
Offered for sale are both the property and the business, including the commercial building, parking lot, all equipment, inventory, historic photos, furnishings, the Ranchman's business, name, and intellectual property. The buyer has the opportunity to continue the history of Ranchman's, formerly the Ponder Steakhouse, a Texas tradition. The original restaurant opened in 1903 and has been expanded and updated, including major renovations in 2022 to be ADA compliant. Renovations included rewiring of the entire building, a new roof, a complete plumbing upgrade, epoxy flooring, Hardie fiber cement siding, a loading dock, ductless HVAC, and a high-efficiency tankless water heater. The property size is 2950 square feet. Celebrity guests have included John Wayne, Warren Beatty & Faye Dunaway (during the filming of Bonnie & Clyde movie), Lillian Carter, Stevie Nicks, Cindy Crawford, Dennis Hopper, Eric Clapton & others. The restaurant has been featured in The Big Texas Steakhouse Cookbook, Food Network with Bobby Flay, and The Texas Bucket List (NBC).
Property Profile
Location Intelligence
Current Use by Public Records
Ranchman's Ponder Steakhouse
Restaurant
Location Insight
- Map
- Local Demand
- City
- Ponder
- County
- Denton
- State
- Texas
- Longitude
- -97.287564
- Latitude
- 33.183453
Nearby Similar for Sale
FAQs
What type of property is this?
Conventional restaurant - Turnkey restaurant with rich history, building, and business included.
Where is this conventional restaurant located?
The property is located at 110 W Bailey Street Ponder, TX.
What is the asking price?
The asking price for this property is $1,900,000.
What are key features of this property?
This property features: Opportunity to acquire both the real estate and the Ranchman's business, including all equipment, inventory, and intellectual property.; **Fully renovated in 2022 with ADA compliance, new roof, complete plumbing upgrade, rewiring, epoxy flooring, Hardie siding, ductless HVAC, and tankless water heater.**; Established business with a rich history dating back to 1903 (formerly Ponder Steakhouse), a Texas tradition.
