Current Use by Public Records
- Retail properties & Spaces
Property Details for 6516 Arena Blvd
- Year built
- 2015
- Lot size
- 1.05 lot acres
- Property type
- Retail properties & Spaces
- Property subtype
- Restaurants
Description
This exceptional restaurant property, located at 6516 Arena Blvd in Laredo, Texas, presents a lucrative investment opportunity. The 9,293-square-foot building, constructed in 2015, sits on a 1.05-acre lot with 154 feet of frontage on Arena Road and boasts a desirable B-4 Highway Commercial zoning. The property features a striking masonry and stucco exterior, a concrete foundation, and a decorative tile roof. Inside, the high-quality finishes include wood ceilings, wood wainscoting, rock accents, and stained concrete floors. The layout includes a private room, a large open dining area, and a bar with marble countertops. The space is currently configured as a single restaurant with 6,371 square feet, plus an additional 2,054 square feet suitable for a second restaurant sharing the same kitchen. Ample parking is provided with 68 spaces, including four handicapped-accessible spots. A convenient drive-up window caters to takeout orders. All utilities are readily available. This turnkey operation is currently 100% occupied and offered at $2,900,000. The property's prime location within Laredo's entertainment district ensures high visibility and foot traffic. This is a rare opportunity to acquire a well-established, high-performing restaurant in a thriving market.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Laredo
- County
- Webb
- State
- Texas
- Longitude
- -99.4515
- Latitude
- 27.5611
