701 Fm 1160 Rd, Louise, TX 77455
- Commercial real estate
- 4,248 SF
- 1.43 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 701 Fm 1160 Rd
- Year built
- 1930
- Lot size
- 1.43 lot acres
- Property type
- Commercial real estate
- APN
- 25465
- APU
- 25465
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Mar 8, 2023 | — | The First State Bank | Pals Hospitality LLC | Lease | $300k · The First State Bank |
| Oct 12, 2022 | — | Pals Hospitality LLC | Grandes Ricos LLC | Warranty Deed | $350k · The First State Bank |
| Nov 18, 2021 | — | Grandes Ricos LLC | Joseph L Pennington | Warranty Deed | — |
Description
This exceptional turnkey restaurant opportunity in Louise, Texas, presents a rare chance to acquire a thriving business. The 7,100-square-foot establishment, built in 2022 and renovated the same year, sits on a 1.427-acre lot at a high-traffic corner of Interstate 59, approximately an hour from Houston. The property boasts a spacious layout, including a fully equipped commercial kitchen with stainless steel appliances (ovens, char broilers, griddles, stoves, fryers, power burners, vent hoods, and shelving), walk-in cooler, refrigerator, freezer, and multiple bars featuring ice machines, soda fountains, and a six-tap keg cooler. All barware, glassware, tables, chairs, bar stools, and other furniture are included, along with dishware and utensils. The HVAC system is zoned for optimal climate control, and the building is wired for internet and POS systems. A comprehensive security system with surveillance cameras is in place. The unique design incorporates a western saloon with a live music stage, a Mexican cantina with a tequila bar, an Irish pub with a fireplace, three dining rooms (partitionable), an African fire pit room, and a large outdoor beer garden and sports bar. The parking lot features new crushed limestone. Propane is plumbed for all gas appliances. Custom woodwork throughout adds to the property's charm. The asking price is $995,000, and the property is offered fee simple. The maximum occupancy is 500. A lease option at $8,500 per month is also available. The property is available for occupancy on May 15, 2024.
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Location Insight
- Map
- Local Demand
- City
- Louise
- County
- Wharton
- State
- Texas
- Longitude
- -96.4047
- Latitude
- 29.1181
- CBSA code
- 20900
- CBSA name
- EL CAMPO, TX MICROPOLITAN STATISTICAL AREA
