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    Cherokee, TX Restaurants for Sale

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    San Saba, TX Lampasas, TX Llano, TX
    Historic Texas Landmark For Sale
    $139,000
    0.24 Acres

    Historic Texas Landmark For Sale

    117 W Cherokee Street, Cherokee, TX 76832

    Iconic property with highway frontage and historic charm.

    • Historic Old Texas‑style rock building (former Yarbrough Hardware Store) with original contents included.
    • Prime highway frontage on HWY 16, offering excellent visibility and accessibility.
    • Includes both the main rock building (approx. 1,700 sq. ft.) and a metal warehouse barn (approx. 1,200 sq. ft.).
    • Strategic location near Bend State Park and Babyhead Mountain, between San Saba and Llano.
    • Versatile property suitable for a roadside bar, restaurant, retail store, or other commercial ventures.
    Updated: Nov 16, 2025
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    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Cherokee, TX, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Unique Downtown Building For Sale
    $675,000
    2,044 SF

    Unique Downtown Building For Sale

    Versatile building in prime downtown location, ideal for entrepreneurs.

    301 E Brown Street, San Saba, TX 76877
    View details
    Unique Building in Downtown San Saba
    $599,900

    Unique Building in Downtown San Saba

    Versatile commercial building in a prime downtown location.

    301 E Brown Street, San Saba, TX 76877
    View details
    Versatile Commercial Space in Goldthwaite
    $298,900
    7,000 SF

    Versatile Commercial Space in Goldthwaite

    Unique property with high visibility and flexible usage options.

    1208 Fisher, Goldthwaite, TX 76844
    View details
    Commercial
    $225,000
    2,080 SF

    Commercial

    Retail space · 2,080 SF

    705 N Commercial, Goldthwaite, TX 76844
    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Prime Commercial Lot, Lampasas, TX
    $350,000
    0.20 Acres

    Prime Commercial Lot, Lampasas, TX

    High-visibility corner lot in Lampasas with retail zoning.

    102 S Key Avenue lot: 3-4, Lampasas, TX 76550
    View details
    Highway 281 Commercial Opportunity
    $1,200,000
    4.19 Acres

    Highway 281 Commercial Opportunity

    Prime commercial acreage on Hwy 281 in Burnet, Texas.

    806 S Water St, Burnet, TX 78611
    View details
    Prime Commercial Lot Near Main
    $659,000
    0.17 Acres

    Prime Commercial Lot Near Main

    Exceptional commercial lot in Fredericksburg's vibrant downtown.

    105 N Orange St, Fredericksburg, TX 78624
    View details
    Copperas Cove Land For Sale
    $725,000
    2.44 Acres

    Copperas Cove Land For Sale

    2.435 acres zoned B-4, ideal for restaurant or retail.

    325 Constitution Drive, Copperas Cove, TX 76522
    View details

    Cherokee, TX Restaurants Investment Opportunities Market Analysis

    Explore 1 restaurants for sale in Cherokee, TX on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $139,000.

    Sale prices for restaurant properties in Cherokee, TX start at $139,000, averaging $139,000, and reaching up to $139,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Operating Costs & Financing

    Cherokee property taxes are below the county average by 0.46 percentage points. Average Loan-to-Value is 65.0%.

    Effective Property Tax $36.70 per sq ft
    Tax Rate (average for all types) 0.94%
    Tax Rate vs County Average 0.46 pp below county avg
    Avg Loan-to-Value 65.0%

    New Listings Trend, 12 Mo

    Number of new listings by month over the past year in Cherokee.

    Cherokee Demographics Overview

    Population 517
    Population Growth (5Y) -24.8%
    College Educated 15.5%

    Top Neighborhoods for Investment

    Discover the areas of Cherokee with the highest concentration of for-sale assets and compare their average market prices.

    Neighborhood Price Range Average Price
    76832 $139K - 199K $169K

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