700 Main St, Blanket, TX 76432
- Commercial real estate
- 3,283 SF
- 0.14 lot acres
Current Use by Public Records
- The Pearl Cactus Steakhouse & Saloon / Restaurant
Property Details for 700 Main St
- Lot size
- 0.14 lot acres
- Property type
- Commercial real estate
- APN
- 48617
- APU
- 48617
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Oct 12, 2022 | — | Travis Saunders | Damron Ld Enterprises LLC | Venders Lien | $55k · Damron Ld Enterprises LLC |
| Aug 6, 2012 | — | Damron Ld Ents LLC | Hutchins,david & Kelly | Grant Deed | $50k · Texas Bank |
Description
This exceptional investment opportunity presents two thriving, newly renovated (2023) businesses in downtown Blanket, Texas. The property encompasses 3,283 square feet across two buildings, situated on a corner lot. The main building, a high-end Western-themed steakhouse and bar ("The Pearl Cactus"), boasts indoor seating for 76, a double-sided electric fireplace, a 22-foot metal bar with granite countertops, and a stunning landscaped patio with a firepit and water feature. A serving window connects the indoor bar to the outdoor patio. Across the street sits the "Old Trading Post & Service Station," a 2,880 square foot old-fashioned soda shop offering unique gifts, candy, and ice cream. Both buildings were meticulously renovated in 2023, featuring modern amenities including a walk-in cooler, security system, air conditioning, and wheelchair accessibility. Built in 1901 (main building) and originally constructed in 1893 (Old Trading Post), these historic structures offer a unique blend of charm and modern functionality. The asking price is $549,500, representing a price per square foot of $167.38. The property is zoned commercial (APN: 48617) and presents a rare chance to acquire two established, profitable businesses in a desirable location. This owner/user opportunity is perfect for an entrepreneur seeking a turnkey operation with significant potential for growth.
Value Estimations
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Location Insight
- Map
- Local Demand
- City
- Blanket
- County
- Brown
- State
- Texas
- Longitude
- -98.7878
- Latitude
- 31.8247
- CBSA code
- 15220
- CBSA name
- BROWNWOOD, TX MICROPOLITAN STATISTICAL AREA
