550 Buchanan St Amarillo, TX 79101-2501
This exceptional 2016-built, Class "A" former restaurant space presents a unique opportunity for a discerning restaurateur. Located in the vibrant heart of downtown Amarillo, this single-tenancy property boasts an enviable position adjacent to the Embassy Suites Convention Hotel, ensuring high foot traffic and visibility. Its strategic location directly across the street from Hodgetown Stadium further enhances its appeal, capitalizing on the significant influx of patrons attending sporting events and other stadium activities. The property's proximity to the Amarillo Civic Center also provides convenient access to a large pool of potential customers attending conventions, concerts, and other events. The space offers significant advantages for a variety of restaurant concepts. Fixtures, furniture, and equipment (FF&E) are negotiable, subject to terms and conditions, providing flexibility for potential buyers to customize the space to their specific needs and vision. This prime location, combined with its modern construction and convenient access to major attractions, makes this property an exceptional investment opportunity in a thriving downtown area. The property is situated in Potter County.
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Texas Tech School of Veterinary Medicine College
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.