47170 Us-69 Mount Selman, TX 75757
This vacant, turnkey bar and restaurant presents a unique investment opportunity in Mount Selman, Texas. Located on US-69, this property boasts a substantial 5,825 square feet of space on a two-acre lot, offering ample room for expansion or diverse business ventures. The asking price is $295,000, translating to $50.64 per square foot. The property is fully furnished, including all equipment, tables, and chairs, ready for immediate operation. Beyond the main building, several outbuildings provide additional space, including extra eating areas, a stage suitable for live music, ample storage, and covered outdoor seating. Its previous use as the Crawfish Barn suggests a history of successful operation. The property's zoning is not specified, allowing for a range of potential uses, from a restaurant or bar to a nursery, event venue, antique shop, or other commercial enterprise. This versatile property offers significant potential for a savvy investor seeking a ready-to-go business in a high-traffic location. The property's size and existing infrastructure make it an attractive option for various business models. This is a rare opportunity to acquire a fully equipped and established commercial space in a prime 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
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.