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Restaurant Property with Glass Storefront
New
For Sale
$239,900

704 W Main St, Palestine, TX 75801

Includes a commercial-grade kitchen, customer restrooms, and flexible interior space.

Property Size2,542 SF
Price / SF$94.37
Days on Market7

Property Features for 704 W Main St

General Information

Standard status Active
Size 2,542 SF

Additional Details

Patio No

Taxes and HOA fees

Annual Taxes $1,773

Amenities

storage
outdoor area
glass storefront
commercial grade kitchen
public restrooms
Listing Agency: Landmark Realty LLC.
Listed By: Lou Anderson
Source: Exprealty
Added: Sep 1 Changed: Sep 6 Last Checked: Sep 7 at 11:56AM

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 Landmark Realty LLC.

Investment Insights

Based on property information with market context.

This downtown commercial property offers approximately 2,542 square feet of interior space, plus storage and outdoor areas contributing to 6,200 gross square feet overall. The building features an all-glass storefront, an existing commercial-grade kitchen, and separate men’s and women’s restrooms. Interior areas can accommodate a range of restaurant or hospitality configurations.

The exterior space provides room for patio dining, additional seating, entertainment, or events. Located at 704 W Main St in Palestine, the property was formerly operated as the Hot Rods restaurant and is suited to continued restaurant use or other concepts identified in the source information, including a bar, cafe, or entertainment venue.

Key Highlights

  • Approximately 2,542 square feet of interior space
  • 6,200 gross square feet including storage and outdoor areas
  • All‑glass storefront provides natural light and street exposure

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Building Supply Pharmacy Big Box & Wholesale Store HVAC Service Storage Facility Skin Care Clinic

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

766
Businesses Nearby
Under-served
Demand for This Use

Demographics for 75801, TX

16,859
Population
7,259
Households
2.3
Avg Household Size
39
Median Age
21%
College-Educated
91%
High-School Grad
188.6 sq mi
ZIP Area
89
Density / Sq Mi
$53,485
Median Household Income
$34,247
Median Earnings
$1,003
Median Rent
$163,100
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
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Includes a commercial-grade kitchen, customer restrooms, and flexible interior space.
Where is this conventional restaurant located?
The property is located at 704 W Main St Palestine, TX.
What is the asking price?
The asking price for this property is $239,900.
What are key features of this property?
This property features: Approximately 2,542 square feet of interior space; 6,200 gross square feet including storage and outdoor areas; All‑glass storefront provides natural light and street exposure
More about this property
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