200 Us Highway 175 Athens, TX 75751
- Commercial real estate
- 2,998 SF
- 0.29 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 200 Us Highway 175
- Year built
- 1982
- Lot size
- 0.29 lot acres
- Property size
- 2,998 SF
- Property type
- Commercial real estate
- APN
- 3940-0001-010F-01
- APU
- 39400001010F01
Description
This 2,998 sq ft restaurant in Athens, TX, presents a compelling value-add investment opportunity. Located at 200 US Hwy 175 W, this single-story, 1982-built property sits on a 0.29-acre lot (12,632 sq ft) with 15 parking spaces. Currently operating at 100% occupancy, the restaurant features a fully equipped kitchen and dining area, ready for immediate use. The property benefits from high visibility and traffic counts exceeding 6,500 vehicles daily. With a permitted commercial zoning and significant air rights (12,632 sq ft), this property offers considerable potential for expansion or redevelopment. The asking price is $399,000, translating to $133.09 per square foot. This is a single-tenant property with no remaining lease term. The property is owner-occupied. This prime location in a growing city offers a strong foundation for success within a thriving local dining scene. The property's features and location make it an attractive investment for experienced food service entrepreneurs seeking a turnkey operation or those looking to capitalize on the potential for future development. The property's Class C designation reflects its age and potential for upgrades, presenting a clear path for value enhancement. This is a rare opportunity to acquire a well-established restaurant in a desirable location with significant upside potential.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Athens
- County
- Henderson
- State
- Texas
- Longitude
- -95.8707
- Latitude
- 32.2056
- CBSA code
- 11980
- CBSA name
- ATHENS, TX MICROPOLITAN STATISTICAL AREA
