1100 Gregg St Big Spring, TX 79720
- Commercial real estate
- 2,126 SF
- 0.35 lot acres
Current Use by Public Records
- Rocky's / Mexican Restaurant / Breakfast Restaurant
Property Details for 1100 Gregg St
- Year built
- 1979
- Lot size
- 0.35 lot acres
- Property size
- 2,126 SF
- Property type
- Commercial real estate
Description
This thriving restaurant in Big Spring, Texas, presents a fantastic investment opportunity. Located at 1100 S Gregg St, this 2,126 square foot commercial property sits on a 0.354-acre corner lot in a high-traffic area, offering excellent visibility and accessibility. Built in 1979, the single-story building boasts a convenient drive-thru, making it ideal for quick service. The property is fully equipped and furnished, ready for immediate operation. Recent upgrades include a new roof and updated air conditioning units, ensuring efficient and comfortable operation. A significant advantage is the inclusion of a dual walk-in cooler, enhancing operational efficiency. The property is zoned for commercial use and is currently operating as a restaurant, offering a seamless transition for a new owner. The asking price is $1,000,000, translating to $470.37 per square foot. This turnkey operation eliminates the need for extensive renovations or equipment purchases, allowing for a swift and profitable start. The property's prime location and existing infrastructure make it an exceptional opportunity for a savvy investor seeking a ready-to-go business in a bustling Texas town. This is a chance to acquire a well-established business with significant potential for growth.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Big Spring
- County
- Howard
- State
- Texas
- Longitude
- -101.4750674
- Latitude
- 32.2436786