For Sale
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Property summary
This exceptional restaurant property, located at 2112 9th Street in Wichita Falls, Texas, presents a fantastic investment opportunity. The 1,164 square foot building sits on a 0.344-acre lot and boasts a rich history, having served as a Sonic Drive-In for many years. Built in 1977 and renovated in 2002, the property is well-maintained and ready for its next chapter. Its central location in Wichita Falls places it in close proximity to other established restaurants, ensuring high visibility and foot traffic. The property's single building structure offers a streamlined operation, minimizing overhead and maximizing efficiency. The asking price is $159,900, making this a compelling opportunity for restaurateurs seeking a turnkey location or investors looking for a strong return. The property's established history and prime location within Wichita Falls, Texas (zip code 76301), offer significant potential for immediate success. This is a rare chance to acquire a well-situated restaurant property in a thriving community. The property's size and layout are ideal for a variety of restaurant concepts, providing ample space for both dining and operational needs. Don't miss this chance to own a piece of Wichita Falls' culinary landscape.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
MANUFACTURED HOUSING RESIDENTIAL DISTRICT § 3330 Purpose. § 3340 Permitted uses. § 3350 Conditional uses. § 3355 Development regulations. Pt 3360 LO-LIMITED OFFICE DISTRICT Pt 3370 LC-LIMITED COMMERCIAL DISTRICT Pt 3450…
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
GC · Wichita Falls, TXMANUFACTURED HOUSING RESIDENTIAL DISTRICT § 3330 Purpose. § 3340 Permitted uses. § 3350 Conditional uses. § 3355 Development regulations. Pt 3360 LO-LIMITED OFFICE DISTRICT Pt 3370 LC-LIMITED COMMERCIAL DISTRICT Pt 3450…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
MANUFACTURED HOUSING RESIDENTIAL DISTRICT § 3330 Purpose. § 3340 Permitted uses. § 3350 Conditional uses. § 3355 Development regulations. Pt 3360 LO-LIMITED OFFICE DISTRICT Pt 3370 LC-LIMITED COMMERCIAL DISTRICT Pt 3450…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for GC in Wichita Falls, TX.
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