304 Us-377 Argyle, TX 76262
This exceptional 5,766 square foot freestanding restaurant presents a rare opportunity in the historic downtown district of Roanoke, Texas. Built in 1987, this second-generation restaurant is ideally situated on a 1.041-acre lot, offering significant potential. The property boasts full ingress/egress access from both US-377 and Oak Street, ensuring high visibility and convenient access for customers. The permitted zoning is Oak Street Zone and US-377 Zone. The building itself is equipped with existing furniture, fixtures, and equipment (FF&E), making it turnkey for a new operator. Beyond the existing restaurant space, an additional 0.37-acre tract on Oak Street is available for development or expansion of the existing restaurant footprint, providing significant flexibility for future growth. All utilities are conveniently located on-site. This property is zoned for retail and land use, making it a versatile investment opportunity in a thriving Texas community. The address is 304 US-377, Roanoke, TX 76262. This is a remarkable chance to acquire a well-established restaurant with significant expansion potential in a desirable location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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No recorded transactions found for this property.
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Risks
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