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112 S Austin St

9,376 SF 59% Leased Retail Building Ranger, TX 76470 $425,000 ($45/SF)

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Investment Highlights

Historic Location
Inside City Limits

Great Visibility

Executive Summary

The Lone Star Theatre Bar and Grill has it all, this historic location for fun filled entertainment and cold beverages will have everyone stopping in and cooling off. Featuring indoor and outdoor bars, pool tables, dart board area, sit down bar, fully functional kitchen, dining area, stage area for entertainment and music, upstairs loft for lounging and overlooking the stage, this property has everything you could possibly want in a multi-income generating business under one roof. Lastly, but definitely not least, the other half of the second floor is a stunning 3 bedroom, 2 bathroom studio type apartment that has been updated and remodeled. This property is loaded with potential. Businesses like this are very rare, don't miss out on this great opportunity. Come take a look today!

Property Facts

Sale Type

Investment or Owner User

Sale Condition

Business Value Included

Property Type

Retail

Property Subtype

Bar

Building Size

9,376 SF

Building Class

Year Built

1920

Price

$425,000

Price Per SF

$45

Percent Leased

59%

Building Height

2 Stories

Building FAR

3.59

Land Acres

0.06 AC

Opportunity Zone

Yes

Zoning

Commercial - Commercial Zoning

About 112 S Austin St , Ranger, TX 76470

Looking for that all in one property that has potential for many avenues of income? You can stop your search! The Lone Star Theatre Bar and Grill has it all, this historic location for fun filled entertainment and cold beverages will have everyone stopping in and cooling off. Featuring indoor and outdoor bars, pool tables, dart board area, sit down bar, fully functional kitchen, dining area, stage area for entertainment and music, upstairs loft for lounging and overlooking the stage, this property has everything you could possibly want in a multi-income generating business under one roof. Lastly, but definitely not least, the other half of the second floor is a stunning 3 bedroom, 2 bathroom studio type apartment that has been updated and remodeled. This property is loaded with potential. Businesses like this are very rare, don't miss out on this great opportunity. Come take a look today!