112 Austin St Ranger, TX 76470-2604

Property Details for 112 Austin St

Year built

1950

Lot size

0.14 lot acres

Property size

2,465 SF

Property type

Commercial real estate

APN

56904

APU

56904

Description

This exceptional commercial property, located at 112 S Austin Street in Ranger, Texas, presents a unique investment opportunity. The 7,500 square foot building, situated on a 0.356-acre lot (APN 54054), is zoned for commercial use and boasts a rich history. The property features a well-established bar and grill with both indoor and outdoor bar areas, pool tables, a dartboard area, a full-service kitchen, a dining area, and a stage for live entertainment. A spacious upstairs loft provides additional seating and overlooks the stage area. Adding to its versatility, the second floor also includes a recently updated three-bedroom, two-bathroom apartment, offering a separate income stream. The net rentable square footage is 3,872 square feet, with an asking price of $425,000 ($56.67 per square foot). This two-story building is located within the city limits of Ranger, offering easy access to local amenities and a strong potential customer base. The property's established reputation and diverse income streams make it an attractive investment for entrepreneurs seeking a turnkey operation with significant upside. This rare opportunity combines a thriving business with a valuable residential component, presenting a compelling package for discerning investors.