Property summary
This thriving Lubbock restaurant presents a fantastic investment opportunity. Located at 2203 Clovis Rd, Lubbock, TX 79415, this 1,394 square foot retail space is priced at $220,000, or $157.82 per square foot. Built in 1984, the property sits on a generous 18,453 square foot lot, offering ample space and potential for expansion or outdoor seating. The restaurant is in excellent condition and ready for immediate occupancy, making it ideal for established chefs or restaurateurs looking for a move-in-ready location. The property's history of serving the Lubbock community positions it for continued success under new ownership. This turnkey operation offers a rare chance to acquire a well-established business in a desirable location. The property's size and location within Lubbock County provide a strong foundation for future growth and profitability. This is a prime opportunity for an experienced restaurateur to step into an existing, successful business and capitalize on its established customer base and prime location. Serious inquiries are encouraged to explore this exceptional investment prospect.
Property profile
VerifiedCap rate & NOI
Current use
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Restaurant
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
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from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
38 · Lubbock, TXZoning
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Zoning designation
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The district profile from the municipal source: what is on file for 38 in Lubbock, TX.
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