216 Murphy St Odessa, TX 79761-6531
- Bars
- 1,331 SF
- 0.34 lot acres
Current Use by Public Records
- Las Dos Palomas / Farm
- LibertyX Bitcoin ATM / Atm
Property Details for 216 Murphy St
- Year built
- 1954
- Lot size
- 0.34 lot acres
- Property size
- 1,331 SF
- Zone code
- EE4
- Property type
- Bars
- APN
- 25000.00760.00000
- APU
- 250000076000000
Description
This exceptional investment opportunity presents a 1,931-square-foot restaurant located at 216 E Murphy St, Odessa, TX 79761. Built in 1954, this property sits on a 0.338-acre corner lot in a rapidly developing area of Ector County. The asking price is $145,000, translating to $75.09 per square foot. The property is zoned EE4 and offers significant potential for various food and beverage businesses. A key advantage is the convenient proximity to a newly constructed paid parking lot, ensuring ample parking for patrons. The building includes covered parking. The property is sold "as is, where is," and potential buyers are advised to independently verify all city regulations, ordinances, and tax information. This turnkey restaurant presents a unique chance to establish or expand a thriving business in a high-traffic location. Don't miss this chance to own a piece of Odessa's vibrant culinary scene. The property's prime location and existing infrastructure make it an ideal investment for savvy entrepreneurs.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Odessa
- County
- Ector
- State
- Texas
- Longitude
- -102.363
- Latitude
- 31.8425
- CBSA code
- 36220
- CBSA name
- ODESSA, TX METROPOLITAN STATISTICAL AREA
