Mixed-Use Restaurant
For Sale
$1,800,000
31608 Old Hempstead Road, Magnolia, TX 77355
Commercial property with a restaurant building, covered outdoor seating, and a separate residence served by city water.
Property Size2,624 SF
Lot Size2.50 Acres
Price / SF$685.98
Days on Market152
Property Features for 31608 Old Hempstead Road
General Information
Standard status
Active
Size
2,624 SF
Lot size
2.50 Acres
Property subtype
Land
Site & Location
Road Access
Yes
Utilities to Site
Yes
Additional Details
Patio
Yes
Amenities
walk-up window
Building Details
Buildings
2
Listing Agency:
Capitol Ranch Real Estate
Listed By:
Whitley Fisher
(512) 215-8587
Source:
Phyllisbrowning
Added: Mar 4
Changed: Jul 31
Last Checked: Aug 3 at 2:50PM
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 Capitol Ranch Real Estate
Investment Insights
Based on property information with market context.
This mixed-use property includes a 2,624-square-foot restaurant building with a large cooking area, restroom, office space, covered outdoor seating, and a walk-up ordering window. The restaurant is currently home to The Bar-B-Que Hut. A separate 1,800-square-foot residence includes 3 bedrooms, 2 bathrooms, and an office area.
The property encompasses nearly 2.5 acres with approximately 80 feet of frontage on FM 1488 and 170 feet of frontage on Old Hempstead Road. City water serves both structures, and each has its own aerobic septic system. The combination of restaurant improvements, a separate residence, and frontage on two roads supports a range of commercial and mixed-use applications.
The property encompasses nearly 2.5 acres with approximately 80 feet of frontage on FM 1488 and 170 feet of frontage on Old Hempstead Road. City water serves both structures, and each has its own aerobic septic system. The combination of restaurant improvements, a separate residence, and frontage on two roads supports a range of commercial and mixed-use applications.
Key Highlights
- Nearly 2.5 acres with frontage on FM 1488 and Old Hempstead Road
- 2,624‑square‑foot restaurant building with cooking area, restroom, and office space
- Covered outdoor seating area with walk‑up ordering window
Property Analytics
Current Use
Lease Details
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
186
Businesses Nearby
Explore this area
Business Placement
Demographics for 77355, TX
29,300
Population
11,279
Households
2.6
Avg Household Size
40
Median Age
27%
College-Educated
89%
High-School Grad
55.6 sq mi
ZIP Area
527
Density / Sq Mi
$101,270
Median Household Income
$57,481
Median Earnings
$1,472
Median Rent
$329,700
Median Home Value
Market
Properties on Market for Mixed-use properties in Montgomery County
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Commercial property with a restaurant building, covered outdoor seating, and a separate residence served by city water.
Where is this mixed-use property located?
The property is located at 31608 Old Hempstead Road Magnolia, TX.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: Nearly 2.5 acres with frontage on FM 1488 and Old Hempstead Road; 2,624‑square‑foot restaurant building with cooking area, restroom, and office space; Covered outdoor seating area with walk‑up ordering window
