Restaurant Building with Covered
For Sale
$129,000
1801 Commercial Ave, Anson, TX 79501
Existing bakery and lunch operation includes a commercial kitchen, dining area, storage, restroom, and front and rear parking.
Property Size1,260 SF
Price / SF$102.38
Days on Market48
Property Features for 1801 Commercial Ave
General Information
Standard status
Active
Size
1,260 SF
Additional Details
Patio
Yes
Amenities
covered patio with fireplace
Building Details
Year Built
1965
Listing Agency:
Epique Realty LLC
Listed By:
Robbie Johnson · License #0660906
(512) 387-0722
Source:
Tonyaharbin
Added: Sep 4
Changed: Oct 17
Last Checked: Oct 5 at 10:50PM
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 Epique Realty LLC
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Investment Insights
Based on property information with market context.
This restaurant property at 1801 Commercial Ave in Anson includes an interior commercial kitchen, dining area, storage, restroom, and front and rear parking. The building also provides a covered outdoor patio with a fireplace, extending the customer seating and service area. Rear plumbing is in place for gas smokers, supporting outdoor cooking or barbecue service configurations.
The property is currently operating as a bakery and lunch destination. Built in 1965, it offers an established restaurant layout with existing functional areas for food preparation, dining, storage, and customer service. The current setup can support continued restaurant use or a change in concept without removing the core improvements already in place.
The property is currently operating as a bakery and lunch destination. Built in 1965, it offers an established restaurant layout with existing functional areas for food preparation, dining, storage, and customer service. The current setup can support continued restaurant use or a change in concept without removing the core improvements already in place.
Key Highlights
- 1,260 property size at 1801 Commercial Ave, Anson, TX 79501
- Currently operating as a bakery and lunch destination
- Covered outdoor patio with fireplace
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$8,547
Cap Rate
6.63%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$170,940
$170.9K
Cap Rate 7%
$122,100
$122.1K
Cap Rate 9%
$94,967
$95.0K
Market Conditions
NOI Build-Up for 1,260 SF
Gross rent
$12.9K $10.20/SF
− Vacancy
−$643 −$0.51/SF
EGI
$12.2K $9.69/SF
− OpEx
−$3.7K −$2.91/SF
NOI
$8.5K $6.78/SF
Area
Jones County, TX
Vacancy
5.00%
Lease Rate
$10.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$170,940
Cap Rate 7%
$122,100
Cap Rate 9%
$94,967
Alternative Uses
Best Use
Specialty Retail
$179.8K
$157.3K – $209.8K
NOI $12,587 @ 7.0% cap · market cap 9.76%
Second Best
Industrial
$122.1K
$106.8K – $142.5K
NOI $8,547 @ 7.0% cap · market cap 6.63%
Theoretical Best
Office A
$281.3K
$246.2K – $328.2K
NOI $19,692 @ 7.0% cap · market cap 15.27%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
211
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 79501, TX
3,594
Population
1,386
Households
2.6
Avg Household Size
40
Median Age
13%
College-Educated
90%
High-School Grad
204.5 sq mi
ZIP Area
18
Density / Sq Mi
$56,547
Median Household Income
$38,106
Median Earnings
$921
Median Rent
$88,400
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Existing bakery and lunch operation includes a commercial kitchen, dining area, storage, restroom, and front and rear parking.
Where is this conventional restaurant located?
The property is located at 1801 Commercial Ave Anson, TX.
What is the asking price?
The asking price for this property is $129,000.
What are key features of this property?
This property features: 1,260 property size at 1801 Commercial Ave, Anson, TX 79501; Currently operating as a bakery and lunch destination; Covered outdoor patio with fireplace
