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Small Restaurant Building
For Sale
$59,000

916 S Hwy 281, Alice, TX 78332

CommercialSale, Alice, TX

Property Size480 SF
Lot Size0.06 Acres
Price / SF$122.92
Days on Market826

Property Features for 916 S Hwy 281

General Information

Property type Commercial Sale
Property subtype Other
Subdivision Alice Townsite Add
Standard status Active
APN 011760
Size 480 SF
Lot size 0.06 Acres

Taxes and HOA fees

Tax Description ALICE TOWNSITE ADDN LT 13, LOT 14 LT 15 BLK 112 0000.000
Legal Description ALICE TOWNSITE ADDN LT 13, LOT 14 LT 15 BLK 112 0000.000

Utilities

Sewer type Public Sewer
Water source Public

Building Details

Year built 1900
Floors in Building 1
Listing Agency: First Texas Realty
Listed By: Isabel Abrigo · License #0447563
Added: Jul 11, 2024 Changed: Sep 21 Last Checked: Oct 14 at 3:06AM
MLS# 462310

Copyright © 2026 South Texas Multiple Listing Service, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 480-square-foot commercial building in Alice is classified first as a conventional restaurant property and was previously used as a restaurant. Built in 1900, the structure offers a small-format footprint suited to an operator evaluating a restaurant-oriented commercial site.

The property is located at 916 S Hwy 281 in Alice, Texas, within ZIP Code 78332 and Jim Wells County. Public water and public sewer serve the property, providing established municipal utility connections for the building.

Key Highlights

  • 480‑square‑foot building
  • Previously used as a restaurant
  • Built in 1900

Property Analytics

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Current Use

Conventional restaurants

Suggested Use

Top Pick Dental Office Pharmacy HVAC Service Skin Care Clinic Kitchen & Bath Showroom Electrical Service

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

217
Businesses Nearby
Under-served
Demand for This Use

Demographics for 78332, TX

27,152
Population
10,747
Households
2.5
Avg Household Size
38
Median Age
12%
College-Educated
78%
High-School Grad
488.5 sq mi
ZIP Area
56
Density / Sq Mi
$47,199
Median Household Income
$31,753
Median Earnings
$897
Median Rent
$97,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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
Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Compact commercial building with public water and sewer service in Alice.
Where is this conventional restaurant located?
The property is located at 916 S Hwy 281 Alice, TX.
What is the asking price?
The asking price for this property is $59,000.
What are key features of this property?
This property features: 480‑square‑foot building; Previously used as a restaurant; Built in 1900
More about this property
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