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Property profile & analytics

502 Main St Borger, TX 79007-4122

  • Commercial real estate
  • 8,658 SF
  • 0.14 lot acres
OFF-MARKET
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US83-1922039
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Onion's / Restaurant

Property Details for 502 Main St

Lot size
0.14 lot acres
Property size
8,658 SF
Property type
Commercial real estate
APN
15939
APU
15939

Description

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.


Value Estimations

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Location Insight

  • Map
  • Local Demand
City
Borger
County
Hutchinson
State
Texas
Longitude
-101.39
Latitude
35.6706
CBSA code
14420
CBSA name
BORGER, TX MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$1,436
$10,000
$40,260
$50,260
-
$10,000
$40,260
$50,260
More about this property
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