Granbury Riverstage Entertainment Development
931 E Pearl St, Granbury, TX 76048
3.587-acre restaurant, bar, and entertainment development site for ground lease.
Type:Land, Hospitality, Mixed Use, Retail
Lot size:
3.59 Acres- Added:
- Apr 8, 2022
- Days on Market:
- 1517
- Last Refresh:
- May 19 at 8:35 pm
Property Features for 931 E Pearl St
General Information
- Standard status
- Active
- Lot size
- 3.59 Acres
- Property subtype
- Land, Hospitality, Mixed Use, Retail
Listing agent Stephen Schattner License #TX 0502217
Listing office Imperium Holdings LP
Listing date Apr 8, 2022
Source Crexi
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 Imperium Holdings LP
HighLights
- High‑Revenue Potential: Anticipated sales in the 8‑figure range.
- Prime Location: Entry point to historic downtown Granbury and within walking distance of the downtown square.
- Destination District: Part of a larger multi‑use development aimed at creating a cohesive environment for food, drinks, and live entertainment.
- Integrated Entertainment: Combines dining and drinking with live music, shows, and other attractions.
- Multi‑Revenue Streams: Integration of food, beverages, and entertainment allows for diverse income opportunities.
- Proximity to Convention Center: Neighboring property is a convention center with a full‑service hotel, providing a consistent customer base.
Overview
Available for ground lease, the Granbury Riverstage is a 3.587-acre development site intended for a restaurant, bar, and entertainment complex. The site is positioned as an entry point into historic downtown Granbury, with the downtown square within walking distance. A convention center with a full-service hotel is located on a neighboring property. The site is equipped with all utilities. The proposed development plan combines dining and drinking with live music, shows, and other attractions, extending the historic downtown and nearby hotel to create a larger destination district. The goal is to build a cohesive environment integrating food, drinks, and live entertainment to attract customers and create a vibrant atmosphere. The single complex will feature multiple restaurants and bars alongside dedicated spaces for live entertainment, such as concert halls, theaters, and stages. The development is part of a larger, multi-use district that blends residential, office, and retail spaces, creating a walkable community from the river dock to the downtown and a continuous stream of potential customers. The fusion of food and entertainment is designed to enhance the overall customer experience, creating lively and visually appealing environments that encourage social sharing and build buzz. Granbury Riverstage aims to become a central gathering place with a wide range of activities available in one location, attracting a broader customer base for different needs and occasions and integrating food, beverages, and entertainment to allow for multiple revenue streams within a single development.
Property Profile
Location Intelligence
Current Use by Public Records
Commercial land
Location Insight
- Map
- Local Demand
- City
- Granbury
- County
- Hood
- State
- Texas
- Longitude
- -97.7726
- Latitude
- 32.442936
Nearby Similar for Sale
FAQs
What type of property is this?
Commercial land - 3.587-acre restaurant, bar, and entertainment development site for ground lease.
Where is this commercial land located?
The property is located at 931 E Pearl St Granbury, TX.
What is the asking price?
The asking price for this property is $5,000,000.
What are key features of this property?
This property features: High‑Revenue Potential: Anticipated sales in the 8‑figure range.; Prime Location: Entry point to historic downtown Granbury and within walking distance of the downtown square.; Destination District: Part of a larger multi‑use development aimed at creating a cohesive environment for food, drinks, and live entertainment.
