Individually Owned Property summary
This exceptional Amarillo restaurant presents a unique investment opportunity. Located at 3501 NE 24th Avenue, this established business boasts 2,134 square feet of space within a larger 22,500 square foot lot, situated in a high-traffic area of North Amarillo near shopping centers and numerous amenities. The building, constructed in 1978, is a single-story structure zoned 0300 - NE Amarillo in City Limits. The asking price is $680,000, translating to $318.65 per square foot. A significant asset of this sale includes over $100,000 worth of equipment, as stated by the seller. This turnkey operation offers immediate potential for continued success. The seller is motivated and will consider seller financing with a 30% down payment. Serious inquiries only
Property profile
VerifiedCap rate & NOI
Current use
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Image Consultant
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Restaurant
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Car Wash
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Roofing Company General Contractor
Location
Value estimations
Owner & transaction history
Zoning & alternative use
remelting purposes, which is located in the A, GR, LC, CB, HC, I-1 and PD Zoning Districts. It also does not include the incidental outdoor display of commodities for retail sale where the use is permitted by section 4-1…
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
GR · Amarillo, TXremelting purposes, which is located in the A, GR, LC, CB, HC, I-1 and PD Zoning Districts. It also does not include the incidental outdoor display of commodities for retail sale where the use is permitted by section 4-1…
Zoning
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Zoning designation
Official district profile
remelting purposes, which is located in the A, GR, LC, CB, HC, I-1 and PD Zoning Districts. It also does not include the incidental outdoor display of commodities for retail sale where the use is permitted by section 4-1…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for GR in Amarillo, TX.
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