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    Restaurant with Apartment Above Title is generated by Realmo AI

    5014 Ross Ave, Dallas, TX 75206

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    For Sale
    $750,000

    Restaurant sale includes major kitchen equipment and a separate-entry apartment above the dining space.

    Property size:
    3,300 SF
    Price / SF:
    $227/SF
    Added:
    Jan 10, 2025
    Days on Market:
    543
    Last Refresh:
    Jul 5 at 2:55 am

    Property Features for 5014 Ross Ave

    General Information

    Standard status
    Active
    Size
    3,300 SF

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    William Pratt

    Listing office Keller Williams - Park Cities

    Listing date Jan 10, 2025

    Source Exprealty

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

    All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams - Park Cities

    HighLights

    • Restaurant sale includes major kitchen equipment, including deep fryers and a separate dry‑goods and food‑storage setup
    • Includes large walk‑in freezer plus extra cold storage for food preparation and storage
    • Apartment above the restaurant with a separate entrance—can be used as a residence or leased for extra income
    • Located with Lower Greenville Avenue less than 2 blocks away
    • Area includes new construction in progress alongside established businesses

    Overview

    This sale includes a conventional restaurant setup along with the business and equipment, including deep fryers, a large walk-in freezer, extra cold storage, and separate dry goods and food storage. The property also includes an apartment above the restaurant, with a separate entrance that allows for owner occupancy or independent leasing.

    The restaurant is located on Ross Ave, with Lower Greenville Avenue less than two blocks away. The surrounding area is seeing new construction in progress while established businesses continue operating nearby.

    For buyers seeking an operating restaurant with built-in foodservice infrastructure, the included refrigeration and dedicated food and dry storage support day-to-day kitchen operations. The apartment configuration provides an additional use path beyond the restaurant—either using the space as a residence or leasing it separately for added flexibility. The separate entrance is designed to keep access distinct between the apartment and restaurant operation.

    Local Financial Insights For Specialty Retail

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $79.6k $24.12
    − Vacancy −$3.8k −$1.16
    EGI $75.8k $22.96
    − OpEx −$18.9k −$5.74
    NOI $56.8k $17.22
    3,300 SF · lease $24.12/SF/yr · vacancy 4.80% · expense 25.00%

    Alternative Uses

    Best Use
    Specialty Retail
    $811.9K
    $710.4K – $947.2K (±1% cap)
    NOI $56,832 @ 7.0% cap · market cap 7.58%
    Second Best
    Industrial
    $268.8K
    $235.2K – $313.6K (±1% cap)
    NOI $18,815 @ 7.0% cap · market cap 2.51%
    Theoretical Best
    Office A
    $3.96M
    $3.46M – $4.62M (±1% cap)
    NOI $277,181 @ 7.0% cap · market cap 36.96%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Bad Chicken Restaurant

    Suggested Use

    Nursing Home Kitchen & Bath Showroom Computer & Electronic Repair Electrical Service (Bike/Boat/Book/etc) Store Clothing & Fashion Store Tech Support Center Coworking & Hybrid Office Building Supply Florist

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

    Location Insight

    • Map
    • Local Demand
    City
    Dallas
    County
    Collin
    State
    Texas
    Longitude
    -96.774452
    Latitude
    32.807165

    FAQs

    What type of property is this?
    Commercial kitchen - Restaurant sale includes major kitchen equipment and a separate-entry apartment above the dining space.
    Where is this commercial kitchen located?
    The property is located at 5014 Ross Ave Dallas, TX.
    What is the asking price?
    The asking price for this property is $750,000.
    What are key features of this property?
    This property features: Restaurant sale includes major kitchen equipment, including deep fryers and a separate dry‑goods and food‑storage setup; Includes large walk‑in freezer plus extra cold storage for food preparation and storage; Apartment above the restaurant with a separate entrance—can be used as a residence or leased for extra income
    More about this property
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