111 S Lamar St, Eastland, TX 76448

Property Details for 111 S Lamar St

Year built

1918

Property type

Commercial real estate

Description

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.

Location Insight

City

Eastland

County

Eastland

State

Texas

Longitude

-98.8193505

Latitude

32.4012426