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    201 2Nd St San Juan, TX 78589

    For Sale
    $700,000

    Profitable restaurant, turnkey operation, great location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional commercial property at 201 E 2nd Street, San Juan, TX 78589, presents a lucrative investment opportunity. The 3,250 square foot lot houses a thriving restaurant, "La Cocinita," established in 2013. The asking price is $700,000. The property includes all restaurant equipment (excluding a leased coffee machine) and boasts an expansive outdoor seating area perfect for enjoying the Texas climate. This area features five square wooden/metal tables, 22 bar stools, a DJ area, a metal canopy for shade, and six outdoor fans. The restaurant's prime location is just 0.7 miles from the Basilica of Our Lady of San Juan, ensuring high visibility and foot traffic. The property is a corner lot, maximizing its commercial potential. Proof of pre-approval is required for showings. A separately priced 35-foot food truck, custom-built in 2023, is also available. This food truck is equipped with a mini AC split, roasted corn machine, BBQ pit, gas stove, refrigerator, freezer, six kegs, and an ice machine. This turnkey operation offers immediate income potential and a strong foundation for continued success. The property's location in Hidalgo County, Texas, provides access to a vibrant community and ample growth opportunities.

    Property Features for 201 2Nd St

    General Information

    Property type
    Restaurants

    Building Details

    Year Built
    2013
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    San Juan
    County
    Hidalgo
    State
    Texas
    Longitude
    -98.1531349
    Latitude
    26.1931518

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    FAQs

    What type of property is this?
    Restaurant - Profitable restaurant, turnkey operation, great location.
    Where is this restaurant located?
    The property is located at 201 2Nd St San Juan, TX.
    What is the asking price?
    The asking price for this property is $700,000.
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    201 2Nd St San Juan, TX 78589
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    201 2Nd St San Juan, TX 78589
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