111 Archer St Jacksboro, TX 76458-1801
This exceptional 6,435 square foot commercial property, located at 111 E Archer St in downtown Jacksboro, Texas, presents a unique investment opportunity. Originally constructed in 1900 as a firehouse, this building has been meticulously renovated in 2018, retaining its historical charm while incorporating modern amenities. Currently operating as a highly successful restaurant, the property offers a turnkey operation with all furnishings, dГ©cor, equipment, and inventory potentially included with a reasonable offer. The main floor, fully remodeled and ready for immediate use, features a bar, two walk-in coolers (one for food, one for alcohol), and a well-equipped kitchen. The partially finished upstairs space provides significant expansion potential, suitable for additional dining areas, private event spaces, a wedding venue, or multiple office spaces. Situated on a 0.13-acre lot, this property benefits from its prime downtown location and the established reputation of the current restaurant business. The asking price is $1,100,000. This is a rare chance to acquire a thriving business and a historically significant building in the heart of Jacksboro. Don't miss this exceptional opportunity to own a piece of Jacksboro's history and a profitable commercial venture.
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Neri's Firehouse Restaurant and Take Out Restaurant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2019Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
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.