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Property profile & analytics
OFF-MARKET
Commercial real estate

111 Lamar St Eastland, TX 76448

5,000 SF Built 1918
Entity Owned 4-yr Hold
Property ID
US83-1979249
Property summary
AI-generated overview

This exceptional 5,000-square-foot mixed-use property, located at 111 S Lamar St in Eastland, Texas, presents a unique investment opportunity. Built in 1918 and renovated in 2019, this two-story building boasts a charming, historic brick storefront with a cedar canopy. Currently configured as a turnkey restaurant and bar, the first floor features a spacious 5,500-square-foot layout, including an 800-square-foot "banked out" culinary kitchen, a party room with its own catering kitchen, and a separate lunch counter/coffee bar. Two separate entrances, including a patio with a gas fire pit, enhance guest access. The property includes three 2021 HVAC systems (16 SEER), gas and two electric instant hot water heaters, and two water filter systems. Established triple-net metering allows for single or dual leasing options. High-quality features such as authentic, upscale antique lighting and décor create an inviting atmosphere. Included in the lease are a Toast Point of Sale system with six handhelds and two countertop registers, the DBA for "Beard's Wheat and Rye," professionally designed LED building signage, a website, Facebook page, logos, merchandise concepts, and an active billboard on Eastbound Highway 20. Situated on the west side of Eastland's Historic Courthouse Square and just one mile from I-20, this Instagram-worthy location is ideal for a restaurateur seeking to establish a thriving business in a vibrant community. The property is ready for immediate occupancy.

Property profile
Verified
Property type Commercial real estate
Year built 1918
Total area 5,000 SF
UPID US83-1979249
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Beard's Wheat and Rye Bakery Specialty Food Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Its A Big Spring LLC · 4 yrs held
Its A Big Spring LLC
since 2022
1 recorded transaction
2022
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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