Property summary
This exceptional commercial property located at 502 N Main Street in the heart of Borger, Texas, presents a unique investment opportunity. The 8,658 square foot building houses Onions Restaurant, a successful and established business with significant growth potential. The sale includes the restaurant's name, existing business operations, and the building itself. This turnkey operation offers immediate income generation and the chance to expand an already profitable venture. Adding to its appeal, the property also includes a separate rental unit, currently leased, providing an additional stream of passive income. This rental property offers further diversification and enhances the overall return on investment. Situated on Main Street, this property benefits from high visibility and foot traffic, ensuring optimal exposure for the restaurant and rental unit. The property's prime location within the downtown area of Borger makes it an attractive proposition for both established businesses and new entrepreneurs. This is a rare chance to acquire a well-established business with a proven track record, coupled with the added benefit of a separate income-generating rental property. The substantial square footage offers ample space for expansion or diversification of the existing business operations. Don't miss this opportunity to own a piece of Borger's vibrant downtown and secure a lucrative investment. The asking price is $599,000.
Property profile
VerifiedCap rate & NOI
Current use
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Restaurant
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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