105 Austin Ave Richland, TX 76681-4389
This exceptional investment opportunity presents a thriving retail business located at 105 N Austin Avenue, Richland, TX, just off IH-45 in southern Navarro County. The main building boasts over 2,000 square feet of retail space currently operating as a successful beer, wine, and liquor store. Attached to the main building is a smaller rental unit generating $300 per month in rental income. Adding to the investment potential, an additional rental unit is included, located at 107 N. Austin Ave. (Parcel 12437), currently leased for $1050 per month. This provides a substantial and consistent stream of passive income. The total property sits on a 0.55-acre lot. The asking price of $425,000 is for the real estate and improvements only. The current owner is willing to sell the existing inventory separately, with an estimated value of $30,000. This turnkey operation offers a rare chance to acquire a profitable business with significant rental income potential in a desirable location. The property's prime location and established clientele base make it an attractive investment for both seasoned entrepreneurs and first-time business owners. This is a unique opportunity to own a well-established business with immediate cash flow. Don't miss out on this exceptional investment opportunity.
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Chapman Cut Rate Liquor (Bike/Boat/Book/etc) Store Wine and Liquor Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
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.