424 Fall Crk Hwy Granbury, TX 76049-7946

Property Details for 424 Fall Crk Hwy

Year built

1960

Lot size

1.00 lot acres

Property size

1,084 SF

Property type

Commercial real estate

APN

20196.000.0080.1

APU

2019600000801

Description

This exceptional investment opportunity encompasses a thriving restaurant business located on the Fort Worth side of Granbury, Texas, just off US Highway 377. The main property at 424 Fall Creek Highway features a 1,084 square foot restaurant building that underwent a complete remodel in December 2021. The sale includes all existing restaurant equipment and inventory, ensuring a seamless transition for a new owner. Adding significant value is the inclusion of three adjacent parcels totaling 4.999 acres, forming a rectangular lot. These parcels are located at 418 and 422 Fall Creek Highway and 5391 Drury Court. The property enjoys a prime location, backing onto the Saratoga subdivision to the west and bordering United Co-op to the north. Further enhancing the potential, the property also includes two mobile homes and an additional vacant structure, all requiring renovation. This presents a unique opportunity to add further income streams or develop the land. The property's strategic position benefits from the anticipated growth along the Highway 377 corridor, further amplified by the construction of a new Lake Granbury Medical Center Free Standing Emergency Center nearby. This presents a compelling investment opportunity with significant upside potential in a rapidly developing area. The asking price for this complete package is $600,000.