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Restaurant with Live Entertainment Area
New
For Sale
$1,700,000

1121 US Hwy 271 S, Gilmer, TX 75645

COMMERCIAL, Gilmer, TX

Property SizeContact for details
Lot Size0.50 Acres
Days on Market6

Property Features for 1121 US Hwy 271 S

General Information

Property type Commercial Sale
Property subtype Other
Lot features Lighted Parking
Directions From intersection at Hwy 271 and 300, head south on 271. Restaurant is on the left right before you go under the Hwy 155 bridge. Bronze restaurant with "Davidsons" signage
Subdivision GILMER ISD 332
Standard status Active
Lot size 0.50 Acres

Building Details

Year built 2017
Floors in Building 2
Number of units 1
Building materials Metal, Slab
Roof type Metal
Listing Agency: BOLD Real Estate Group
Listed By: Alyssa Dyer · License #0773782
Added: Sep 28 Changed: Oct 2 Last Checked: Oct 3 at 5:06AM
MLS# 20266820

Copyright © 2026 Longview Area Association of Realtors. 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 property includes a main dining room with an upper-level loft and deck. Additional spaces include a separate room with a bar and restrooms, plus a live entertainment area with a bandstand and large bar. The full-service kitchen is equipped with a ventilation system, griddle, fryers, prep area, walk-in freezer, and walk-in cooler. Metal construction and a metal roof date to a 2017 build.

Key Highlights

  • Restaurant property on a 0.5‑acre site
  • Dedicated entertainment area with bandstand and large bar
  • Main dining room with loft and an upstairs deck

Property Analytics

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Current Use

Davidson’s Restaurant

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Big Box & Wholesale Store Grocery & Convenience Store Bakery Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

196
Businesses Nearby
170k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Dining 33% Superstores 33% Shops & Services 18% Groceries 11%
Walmart Superstores
56,290 visits/mo 0.1 miles
McDonald's Dining
23,572 visits/mo 0.4 miles
Brookshire's Groceries
18,609 visits/mo 0.2 miles
Whataburger Dining
17,391 visits/mo 0.4 miles
Dollar Tree Shops & Services
9,930 visits/mo 0.1 miles

Demographics for 75645, TX

10,724
Population
4,505
Households
2.4
Avg Household Size
43
Median Age
17%
College-Educated
89%
High-School Grad
144.6 sq mi
ZIP Area
74
Density / Sq Mi
$64,069
Median Household Income
$47,741
Median Earnings
$1,060
Median Rent
$178,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 - Separate dining, bar, event, and outdoor spaces provide distinct settings within the property.
Where is this conventional restaurant located?
The property is located at 1121 US Hwy 271 S Gilmer, TX.
What is the asking price?
The asking price for this property is $1,700,000.
What are key features of this property?
This property features: Restaurant property on a 0.5‑acre site; Dedicated entertainment area with bandstand and large bar; Main dining room with loft and an upstairs deck
More about this property
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