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Established Dual-Concept Restaurant Opportunity
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414 S Commercial Ave, Coleman, TX 76834

Two restaurants in one: pizzeria and steakhouse in Coleman, Texas.

Property Size4,725 SF
Price / SF$343.92
Days on Market234

Property Features for 414 S Commercial Ave

General Information

Standard status Active
Size 4,725 SF
Property subtype Business for Sale
Zoning City limits

Building Details

Buildings 1
Stories 1
Units 2
Listing Agency: Liveoak Land & Real Estate
Listed By: Marsha Spinks · License #633785
Source: Crexi
Added: Feb 25 Changed: Oct 3 Last Checked: Oct 16 at 8:06AM

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 Liveoak Land & Real Estate

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Investment Insights

Based on property information with market context.

Located in Coleman, Texas, this property houses two distinct dining experiences under one roof: Rancho Pizzeria and Black Cur. Rancho Pizzeria features a wood-fired oven and offers hand-tossed dough, cheeses, wines, craft beers, appetizers, and salads. Black Cur presents a steakhouse atmosphere with premium cuts, handcrafted sides, and a dining room designed with soft lighting and warm wood. The layout facilitates a smooth flow between the two concepts, supported by a well-equipped kitchen and ample seating. The property is situated along a well-traveled corridor, offering visibility to locals and travelers. The combined space measures 4,725 square feet. This property offers the opportunity to run a community hub or seek an investment in a growing rural market.

Key Highlights

  • Established restaurant business with two distinct concepts under one roof.
  • Prime location on a well‑traveled corridor attracting locals and travelers.
  • Fully equipped kitchen and thoughtful design facilitating smooth service.

Property Analytics

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Current Use

Conventional restaurants

Suggested Use

Top Pick Dental Office HVAC Service Plumbing Service Pharmacy Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store

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

Location Intelligence

Trade Area within ½ mile

340
Businesses Nearby
Under-served
Demand for This Use

Demographics for 76834, TX

4,991
Population
3,041
Households
1.6
Avg Household Size
51
Median Age
15%
College-Educated
87%
High-School Grad
440.2 sq mi
ZIP Area
11
Density / Sq Mi
$51,766
Median Household Income
$36,074
Median Earnings
$746
Median Rent
$87,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Two restaurants in one: pizzeria and steakhouse in Coleman, Texas.
Where is this conventional restaurant located?
The property is located at 414 S Commercial Ave Coleman, TX.
What is the asking price?
The asking price for this property is $1,625,000.
What are key features of this property?
This property features: Established restaurant business with two distinct concepts under one roof.; Prime location on a well‑traveled corridor attracting locals and travelers.; Fully equipped kitchen and thoughtful design facilitating smooth service.
(325) 625-4181 Call to check price and availability
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