327 Sh-37 Mount Vernon, TX 75457
This exceptional opportunity presents the chance to acquire the established Papa J's Restaurant property in Mount Vernon, Texas. Located at 327 SH-37, this 0.37-acre retail property is priced at $375,000. The well-maintained building boasts a classic Southern charm exterior and a welcoming interior, perfect for continuing restaurant operations or adapting to a new concept. Inside, you'll find a spacious dining area, a fully equipped kitchen complete with ovens, refrigerators, and prep stations – all included in the sale. The kitchen's efficient layout ensures smooth operational flow. Modern amenities such as high ceilings, durable flooring, and ample natural light enhance the space. The property benefits from a high-visibility location, providing easy access and ample parking for patrons. Its strong foundation and ready-to-use kitchen make this a truly turnkey opportunity, ideal for various commercial ventures beyond restaurant use. The property's location in the vibrant heart of Mount Vernon, TX (zip code 75457) offers significant potential for success. This is a rare chance to own a well-established commercial property in a thriving Texas town.
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
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.