Corner Commercial Restaurant
For Sale
$144,900
16420 N 16420 N State Hwy 155, Ore City, TX 75683
Corner property with open layout and two-side road frontage, formerly a restaurant, with multiple recent system upgrades.
Days on Market13
Property Features for 16420 N 16420 N State Hwy 155
General Information
Standard status
Active
Property subtype
General Commercial
Site & Location
Traffic Count
5,500 vehicles/day
Road Access
Yes
Listing Agency:
(903) 452-8202
Listed By:
Texas Real Estate Executives
(903) 452-8202
Source:
Xome
Added: Jul 19
Changed: Jul 25
Last Checked: Jul 31 at 3:19AM
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 Texas Real Estate Executives
Investment Insights
Based on property information with market context.
This versatile commercial building was formerly home to the Jack Rabbit Grill and features an open layout designed to support a range of retail and food-service concepts. The property has been well maintained, with recent improvements including an aerobic septic system installed in 2022, a kitchen HVAC system updated in 2022, and a water heater from 2021, along with additional updates throughout.
The site is positioned on a corner with road frontage on two sides and offers ample parking and strong accessibility. It is located just seconds from Lake O’ the Pines and is positioned to serve both local residents and seasonal visitors. According to TxDOT, the area sees approximately 5,500 vehicles per day, providing ongoing exposure for a future business.
With its flexible interior configuration and prominent roadside presence, the building can be adapted for a variety of commercial uses consistent with its former restaurant buildout.
The site is positioned on a corner with road frontage on two sides and offers ample parking and strong accessibility. It is located just seconds from Lake O’ the Pines and is positioned to serve both local residents and seasonal visitors. According to TxDOT, the area sees approximately 5,500 vehicles per day, providing ongoing exposure for a future business.
With its flexible interior configuration and prominent roadside presence, the building can be adapted for a variety of commercial uses consistent with its former restaurant buildout.
Key Highlights
- Commercial corner property formerly home to Jack Rabbit Grill with open layout for multiple business types
- Road frontage on two sides with access to local and seasonal visitors near Lake O' the Pines
- TxDOT reports approx. 5,500 vehicles per day for the area, providing consistent roadway exposure
Property Analytics
Current Use
Lease Details
5,500 VPD
Traffic count
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
20
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 75683, TX
3,773
Population
1,745
Households
2.2
Avg Household Size
40
Median Age
13%
College-Educated
84%
High-School Grad
60.1 sq mi
ZIP Area
63
Density / Sq Mi
$49,375
Median Household Income
$40,207
Median Earnings
$694
Median Rent
$106,800
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Corner property with open layout and two-side road frontage, formerly a restaurant, with multiple recent system upgrades.
Where is this conventional restaurant located?
The property is located at 16420 N 16420 N State Hwy 155 Ore City, TX.
What is the asking price?
The asking price for this property is $144,900.
What are key features of this property?
This property features: Commercial corner property formerly home to Jack Rabbit Grill with open layout for multiple business types; Road frontage on two sides with access to local and seasonal visitors near Lake O' the Pines; TxDOT reports approx. 5,500 vehicles per day for the area, providing consistent roadway exposure
