238 Joy Wright Mt Rd Kilgore, TX 75662
- Retail properties
- 3,000 SF
- 2.00 lot acres
Current Use by Public Records
- Retail properties
Property Details for 238 Joy Wright Mt Rd
- Year built
- 1960
- Lot size
- 2.00 lot acres
- Property size
- 3,000 SF
- Property type
- Retail properties
Description
This exceptional investment opportunity presents a 3,000 square foot retail property situated on a highly visible 2-acre lot along the I-20 corridor in Kilgore, Texas. The property boasts two established businesses: a thriving 3,000 square foot liquor store, "Cork & Bottle," known for its loyal customer base, and a 1,900 square foot restaurant space ripe for redevelopment or lease. The combined square footage offers significant potential for expansion or diversification. The property's prime location ensures high traffic volume and excellent visibility, making it an ideal investment for a savvy entrepreneur seeking a turnkey operation with immediate income generation and substantial long-term growth potential. The existing liquor store provides a stable revenue stream, while the restaurant space presents a blank canvas for a new concept or a revitalization of an existing one. This dual-business property offers a unique opportunity to acquire a well-established business alongside a significant development opportunity, all within a single, strategically located parcel. The 2-acre lot provides ample space for future expansion or additional development, further enhancing the investment's long-term value. This is a rare chance to own a multi-faceted commercial property in a high-growth area.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Kilgore
- County
- Gregg
- State
- Texas
- Longitude
- -94.9874
- Latitude
- 32.4358
