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    1403 N Navarro St Victoria, TX 77901

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    For Sale
    $2,900,000

    Operating restaurant business and real estate for sale in Victoria.

    Lot size:
    0.44 Acres

    Property Features for 1403 N Navarro St

    General Information

    Lot size
    0.44 Acres

    Source: The Agency Austin, LLC Agent Maelia Davis

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Established Restaurant Business and Real Estate

    Ramsey's Restaurant, an American diner established in 1948, is available for sale. The sale includes the entire restaurant business and the real estate, totaling 0.88 acres. The restaurant is located in the heart of Victoria on Navarro Street, which sees 35,000 vehicles per day, and is across from DeTar Healthcare System, a major regional hospital. The business consistently earns multi seven-figure revenue figures and significant net income. Capital improvements within the last 5 years include new plumbing to replace cast iron with PVC, a remodeled kitchen, re-striped parking lot, some paint work, and a new roof and walk-in cooler/freezer. A contiguous 0.24-acre parcel on Wheeler Street is also available for sale, featuring a 3-bed/2-bath house with a tenant in place. The new owner can utilize the additional land area as the needs of the restaurant grow. The restaurant can be run fully absentee.
    Insight Report Location Intelligence

    Current Use by Public Records

    ATM Atm Ramsey's Victoria Restaurant

    Suggested Use

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

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

    Similar Places Nearby

    Inn On Main, La Carreta #2, El Guerrerense, Taqueria La Frontera

    Location Insight

    • Map
    • Local Demand
    City
    Victoria
    County
    Victoria
    State
    Texas
    Longitude
    -96.999924
    Latitude
    28.808083

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    FAQs

    What type of property is this?
    Breakfast & diner - Operating restaurant business and real estate for sale in Victoria.
    Where is this breakfast & diner located?
    The property is located at 1403 N Navarro St Victoria, TX.
    What is the asking price?
    The asking price for this property is $2,900,000.
    What are key features of this property?
    This property features: - Established, high-revenue restaurant business and real estate for sale.; - Strategically located on high-traffic Navarro St (35,000 VPD) across from a major regional hospital (DeTar Healthcare System).; - Proven multi seven-figure revenue and significant net income.
    (310) 977-7269
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    1403 N Navarro St Victoria, TX 77901
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    Victoria, TX 77901
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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

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    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
    1403 N Navarro St Victoria, TX 77901
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