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    OFF-MARKET
    Turn key restaurants

    208 3rd St, Burkburnett, TX 76354-3435

    910 SF 0.04 ac lot Built 1930
    Individually Owned 20-yr Hold Absentee Owner Free & Clear
    Property ID
    US82-6604701
    Property summary
    AI-generated overview

    This exceptional commercial property, located at 208 E 3rd Street in Burkburnett, Texas, presents a unique opportunity for entrepreneurs and investors. The 910 square foot building sits on a 0.04-acre lot and is priced affordably at $49,999. Previously occupied by a burrito shop, the interior has undergone partial demolition, providing a blank canvas for your next business venture. The property's central location within Burkburnett offers excellent visibility and accessibility, making it ideal for a wide range of commercial uses. The existing structure provides a solid foundation for a complete renovation or rebuild, allowing for customization to perfectly suit your specific needs. This is a rare chance to acquire a well-situated commercial space at an attractive price point in a growing Texas community. The property's size and location make it suitable for a variety of businesses, from retail shops and restaurants to offices and service providers. Don't miss this opportunity to establish your business in a thriving area with high potential for growth and return on investment. The partially completed demolition simplifies the process of creating your ideal commercial space. Act quickly to secure this promising property.

    Property profile
    Verified
    Property type Turn key restaurants
    Use group RESTAURANT
    Year built 1930
    Construction CONCRETE BLOCKS
    Total area 910 SF
    Lot 0.04 ac (1,873 SF)
    Zoning code C/B
    APN 5A01 217 01
    UPID US82-6604701
    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
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Horacio Torres · 20 yrs held
    Horacio Torres
    since 2006
    1 recorded transaction
    2006
    Zoning & alternative use
    C/B · Burkburnett, TX
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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