Turnkey Restaurant with Included
925 S Pine Street Vivian, LA 71082
New
925 S Pine Street, Vivian, LA, 71082
$225,000
For Sale
$225,000
Freshly painted and cleaned restaurant space with some equipment and setup included, plus additional parking available.
Property Size1,466 SF
Price / SF$153.48
Days on Market2
Property Features for 925 S Pine Street
General Information
- Standard status
- Active
- Size
- 1,466 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 2003
Listing agency
Diamond Realty & Associates
(318) 455-8319
Listed by
Krystal Womack · License #0995680736
(318) 455-8319
Source
Fullhouserealtytx
Added: Jul 21 Updated: Jul 22 at 6:21AM Checked: Jul 22 at 6:21AM
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 Diamond Realty & Associates
Investment Insights
Based on property information with market context.
This property is being offered for sale as a restaurant space with a turnkey approach, including freshly painted and cleaned condition plus some equipment and restaurant setup included in the sale. The existing improvements have supported restaurant operations over its lifetime, with “a few restaurants” previously operating successfully.
The site is described as central to multiple communities, with traffic generated by surrounding businesses. Nearby activity and anchors mentioned include North Caddo Medical Center, two schools, Wal-Mart, and other locally owned businesses.
Additional parking is available, with details to be provided. Call for a private showing to review the included equipment and confirm the parking arrangements.
The site is described as central to multiple communities, with traffic generated by surrounding businesses. Nearby activity and anchors mentioned include North Caddo Medical Center, two schools, Wal-Mart, and other locally owned businesses.
Additional parking is available, with details to be provided. Call for a private showing to review the included equipment and confirm the parking arrangements.
Key Highlights
- Restaurant space in a building built in 2003
- Freshly painted and cleaned
- Some equipment and restaurant setup included with the sale
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $27.8k | $18.96 |
| − Vacancy | −$723 | −$0.49 |
| EGI | $27.1k | $18.47 |
| − OpEx | −$6.8k | −$4.62 |
| NOI | $20.3k | $13.85 |
1,466 SF · lease $18.96/SF/yr · vacancy 2.60% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$290.1K
$253.8K – $338.4K
NOI $20,305 @ 7.0% cap · market cap 9.02%
Second Best
—
—
no second resolved use
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Conventional restaurants
Similar For Sale Nearby
FAQs
What type of property is this?
Conventional restaurant - Freshly painted and cleaned restaurant space with some equipment and setup included, plus additional parking available.
Where is this conventional restaurant located?
The property is located at 925 S Pine Street Vivian, LA.
What is the asking price?
The asking price for this property is $225,000.
What are key features of this property?
This property features: Restaurant space in a building built in 2003; Freshly painted and cleaned; Some equipment and restaurant setup included with the sale