Turnkey Restaurant in Downtown
For Sale
Contact for pricing
420 S Commercial Ave, Coleman, TX 76834
Premier dining destination with upscale charm in thriving Texas town.
Property Size4,275 SF
Price / SF$232.75
Days on Market178
Property Features for 420 S Commercial Ave
General Information
Standard status
Active
Size
4,275 SF
Property subtype
Business for Sale
Zoning
City limits
Building Details
Buildings
1
Stories
1
Units
1
Listing Agency:
Liveoak Land & Real Estate
(325) 625-4181
Listed By:
Marsha Spinks · License #633785
Source:
Crexi
Added: Feb 26
Changed: Aug 14
Last Checked: Aug 15 at 4:34AM
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
Investment Insights
Based on property information with market context.
This property presents an opportunity to own a dining destination in downtown Coleman, Texas. Currently operating as Smokesmith BBQ, the property offers a turnkey operation for investors or restaurateurs. The building is situated on a high-visibility corner and features ample parking. The interior design incorporates rich wood accents, polished concrete floors, custom lighting, and curated décor. The dining room accommodates both large parties and intimate gatherings, while the bar area is suited for craft cocktails and socializing. A fully equipped commercial kitchen includes smokers, prep stations, and high-capacity refrigeration. There is potential to develop an outdoor seating area for dining and live music, which could generate additional income. The property is positioned to become a landmark dining establishment. The building size is 4,275 square feet.
Key Highlights
- Turnkey restaurant operation in a prime, high‑visibility downtown location.
- Fully equipped commercial kitchen with state‑of‑the‑art smokers and high‑capacity refrigeration.
- Upscale interior design with rich wood accents, polished concrete floors, and custom lighting.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
340
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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
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 - Premier dining destination with upscale charm in thriving Texas town.
Where is this conventional restaurant located?
The property is located at 420 S Commercial Ave Coleman, TX.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: Turnkey restaurant operation in a prime, high‑visibility downtown location.; Fully equipped commercial kitchen with state‑of‑the‑art smokers and high‑capacity refrigeration.; Upscale interior design with rich wood accents, polished concrete floors, and custom lighting.
