Property summary
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.
Property profile
VerifiedCap rate & NOI
Current use
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Food Processing Plant
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Atm
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
EE4 · Odessa, TXZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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The district profile from the municipal source: what is on file for EE4 in Odessa, TX.
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