1619 Grand St Amarillo, TX 79107-7267

This exceptional Amarillo investment opportunity encompasses two buildings totaling 2,200 square feet situated on a shared parking lot at 1619 N Grand St, Amarillo, TX 79107. One building houses an established convenience store, complete with inventory at the time of sale, which has been owned by the seller for two decades. The second building is currently leased to a tenant (House of Donuts) under a yearly lease agreement. All equipment and fixtures within the House of Donuts, including the fire suppression system and vent hood, are owned by the tenant and will not be included in the sale. The tenant has expressed interest in remaining. The property features a drive-thru on the south side of the building. Significant improvements have been made, including a new roof and HVAC system in 2013, and updated chiller units in the walk-in cooler. The HVAC system was further updated in 2021. This property presents a unique blend of established income and potential for future growth, making it an attractive investment in the thriving Amarillo market. The asking price is $500,000, reflecting a price per square foot of $227.27. The buildings were constructed in 1950. This is a turnkey opportunity for an astute investor seeking a strong return on investment in a desirable location.