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Mixed-Use Property with Restaurant
For Sale
$895,000

28323 Interstate 20, Wills Point, TX 75169

CommercialSale, Wills Point, TX

Property SizeContact for details
Lot Size10.00 Acres
Days on Market98

Property Features for 28323 Interstate 20

General Information

Property type Commercial Sale
Property subtype Other
Zoning description None - out of city
Parking features Carport, Parking Lot, Garage
Security features Security
Subdivision Rural
Lot features Acreage, Pasture, Pond On Lot, Few Trees, Level
Directions From Downtown Canton, go 4.6 miles on Hwy 64 and take a left onto I20 going westbound. Take exit 516 - FM 47. Turn left going south on FM 47. Turn right going westbound onto the south I20 Frontage Rd. The property is on the left. Coordinates: 32.63238, -96.02393
Standard status Active
APN R000040841
Lot size 10.00 Acres

Taxes and HOA fees

Tax Description ACRES: 10+- ABST: 894 SUR: J WELCH
Tax Annual Amount 3572
Legal Description ACRES: 10+- ABST: 894 SUR: J WELCH

Utilities

Utilities Propane
Sewer type Aerobic Septic
Heating system Central, Propane (Heating), Electric (Heating)
Cooling system Central Air, Window Unit(s), Electric

Amenities

swimming pool
garage
carports
standby generator

Building Details

Year built 1969
Floors in Building 1
Number of units 2
Flooring type Carpet, Tile, Wood, Vinyl
Building materials Brick
Roof type Composition
Listing Agency: RE/MAX Landmark Rose · RE/MAX International
Listed By: Bob Reese · License #0520615
Added: May 27 Changed: Aug 19 Last Checked: Sep 1 at 4:06PM
MLS# 20792428

Copyright © 2026 North Texas Real Estate Information Systems, Inc. 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 mixed-use commercial property combines a restaurant and retail store with fuel service and a separate residence. The commercial operation includes a commercial kitchen, walk-in cooler, dining furniture for more than 70 guests, and a large standby generator. Diesel and gasoline pumps are installed on the property. The residence contains over 3,000 square feet with 4 bedrooms, 3 baths, a swimming pool, garage, and carports.

Located at 28323 Interstate 20 in Wills Point, the property has signage visible from Interstate 20 and sits near the FM 47 exit ramps. Additional access is provided by a private road along the south property line. The improvements date to 1969 and include brick construction, composition roofing, central air, propane heating, electric heating, window-unit cooling, parking areas, and aerobic septic service.

Key Highlights

  • Restaurant and retail store with commercial kitchen, walk‑in cooler, and seating for more than 70
  • Diesel and gasoline fuel pumps installed on the property
  • Residence exceeds 3,000 square feet and includes 4 bedrooms and 3 baths

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Building Supply Storage Facility Grocery & Convenience Store Big Box & Wholesale Store (Bike/Boat/Book/etc) Store Nursing Home

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

Lease Details

Turnkey business
Opportunity
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

24
Businesses Nearby

Demographics for 75169, TX

17,017
Population
6,558
Households
2.6
Avg Household Size
43
Median Age
16%
College-Educated
83%
High-School Grad
214.6 sq mi
ZIP Area
79
Density / Sq Mi
$67,879
Median Household Income
$36,942
Median Earnings
$953
Median Rent
$183,100
Median Home Value

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?
Mixed-use property - Combined commercial improvements include an equipped food-service operation, fuel pumps, retail space, and an on-site residence.
Where is this mixed-use property located?
The property is located at 28323 Interstate 20 Wills Point, TX.
What is the asking price?
The asking price for this property is $895,000.
What are key features of this property?
This property features: Restaurant and retail store with commercial kitchen, walk‑in cooler, and seating for more than 70; Diesel and gasoline fuel pumps installed on the property; Residence exceeds 3,000 square feet and includes 4 bedrooms and 3 baths
More about this property
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