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    Restaurant With Patio and Apartments Title is generated by Realmo AI

    619 Broadway St, Port Lavaca, TX 77979

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    New
    For Sale
    $500,000

    Updated restaurant offering bar and two kitchens, plus two upstairs apartments and a large patio with outdoor restrooms.

    Type:Commercial
    Property size:
    2,880 SF
    Price / SF:
    $173/SF
    Added:
    Jun 1, 2026
    Days on Market:
    6
    Last Refresh:
    Jun 6 at 3:42 am

    Property Features for 619 Broadway St

    General Information

    Standard status
    Active
    Size
    2,880 SF
    Property subtype
    Commercial

    Building Details

    Year Built
    1955

    We can help!

    Listing Contact
    Rose Stewart

    Listing agent Rose Stewart

    Listing office

    Listing date Jun 1, 2026

    Source Elliman

    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 Rose Stewart

    HighLights

    • 2,880 SF restaurant with bar and two kitchens, recently updated with new plumbing, modern lighting, and an integrated fire safety system
    • 1,600 SF patio recently painted with outdoor restrooms and 3 outdoor TVs
    • Bar includes 5 coolers, ice maker, tea and lemonade dispensers, soda fountain, and margarita machine
    • Kitchen equipment includes 14‑foot vent hood with suppression system, conventional oven, commercial stove, two fryers, and multiple refrigerators/freezers
    • Two upstairs apartments, each with 2 bedrooms and 1 bath, with potential for additional income
    • Property includes a 1,520 SF storage room and two upstairs kitchens plus wired POS components for register, bar, waitress station, and printers

    Overview

    This family-oriented restaurant property spans 2,880 square feet and has been recently updated with new plumbing, modern lighting, and a fully integrated fire safety system. The operation is supported by a wired POS system connected to multiple components, including the register, bar, two kitchens, a waitress station, and printers. The venue features a bar area with multiple beverage and food service systems, including coolers, an ice maker, tea and lemonade dispensers, a soda fountain, and a margarita machine.

    The property includes two kitchens: the first is equipped with a conventional oven, multiple fryers, a commercial stove, a 14-foot vent hood with suppression system, several refrigerators/freezer units, and food service equipment including a commercial sink and food warmer. The second kitchen includes three freezers and one refrigerator, along with a boil room. There is also a storage room of 1,520 square feet, along with several gaming areas for children and patio space recently painted.

    Upstairs, the property has two apartments, each with two bedrooms and one bath, providing an additional residential component that may support expanded operating models. The patio totals 1,600 square feet and includes outdoor TVs and outdoor restrooms, offering an option for al fresco service and private guest comfort. The restaurant is located about two blocks from the water, supporting a casual, destination-style dining experience.
    Location Intelligence

    Current Use by Public Records

    Conventional restaurants

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Beijing Buffet — 339 Calhoun Plaza, Port Lavaca, TX 77979

    Location Insight

    • Map
    • Local Demand
    City
    Port Lavaca
    County
    Calhoun
    State
    Texas
    Longitude
    -96.62657
    Latitude
    28.622274

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    FAQs

    What type of property is this?
    Conventional restaurant - Updated restaurant offering bar and two kitchens, plus two upstairs apartments and a large patio with outdoor restrooms.
    Where is this conventional restaurant located?
    The property is located at 619 Broadway St Port Lavaca, TX.
    What is the asking price?
    The asking price for this property is $500,000.
    What are key features of this property?
    This property features: 2,880 SF restaurant with bar and two kitchens, recently updated with new plumbing, modern lighting, and an integrated fire safety system; 1,600 SF patio recently painted with outdoor restrooms and 3 outdoor TVs; Bar includes 5 coolers, ice maker, tea and lemonade dispensers, soda fountain, and margarita machine
    (361) 920-7167
    We can help!
    Listing Contact
    Rose Stewart
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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