Granbury Riverstage Entertainment Development
For Sale
Contact for pricing
931 E Pearl St, Granbury, TX 76048
3.587-acre restaurant, bar, and entertainment development site for ground lease.
Property SizeContact for details
Lot Size3.59 Acres
Days on Market1615
Property Features for 931 E Pearl St
General Information
Standard status
Active
Lot size
3.59 Acres
Property subtype
Land, Hospitality, Mixed Use, Retail
Zoning
Light Commercial (LC)
Listing Agency:
Imperium Holdings LP
Listed By:
Stephen Schattner · License #TX 0502217
Source:
Crexi
Added: Apr 8, 2022
Changed: Sep 3
Last Checked: Sep 8 at 6:15AM
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
Investment Insights
Based on property information with market context.
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.
Key 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.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
472
Businesses Nearby
Explore this area
Business Placement
Demographics for 76048, TX
25,764
Population
12,737
Households
2
Avg Household Size
48
Median Age
26%
College-Educated
90%
High-School Grad
101.7 sq mi
ZIP Area
253
Density / Sq Mi
$66,856
Median Household Income
$37,190
Median Earnings
$1,288
Median Rent
$230,000
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
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.
