2200 Gulfway Dr, Port Arthur, TX 77640-4537
This exceptional investment opportunity presents a 1,006-square-foot former Church's Chicken restaurant located at 2200 Gulfway Dr, Port Arthur, Texas, 77640. Situated on a sizable 14,017-square-foot lot, the property boasts a minimum of 12 parking spaces, a drive-thru, ample storage, and restrooms. Built in 1969, this single-story building is zoned for commercial use and includes two structures. The property is being sold "as-is," with all existing equipment included. It's important to note that the property has been red-tagged by the City of Port Arthur, indicating a need for rehabilitation. This presents a unique chance for an investor or owner to revitalize this strategically located restaurant, capitalizing on its high-traffic location on Highway 87 and Richmond Avenue in Port Arthur, Jefferson County. The asking price is $125,000. The property's size and features offer significant potential for a variety of food service or retail businesses. Serious inquiries only.
-
Bah Texas LP Restaurant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.