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Established Restaurant & Daiquiri Drive Thru 23355 FM 1314 Rd

5,274 SF Retail Building Porter, TX 77365 $1,799,000 ($341/SF)

Investment Highlights

  • Potential Lease Space Available on Upper Level
  • Close Proximaty to Hwy 99, Hwy 59 & Valley Ranch Town Center
  • Highly Visible on FM 1314

Executive Summary

Successful 20+ Year Mexican Restaurant & Drive Thru Daiquiri/ Beer Drive Thru with Potential Lease Space on the Upper Level.

Taxes & Operating Expenses (Actual - 2024) Click Here to Access

Annual Annual Per SF
Taxes - -
Operating Expenses - -

Taxes & Operating Expenses (Actual - 2024) Click Here to Access

Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $99,999
Annual Per SF $9.99

Property Facts

Sale Type
Owner User
Sale Condition
Business Value Included
Property Type
Retail
Property Subtype
Restaurant
Building Size
5,274 SF
Year Built/Renovated
1997/2013
Price
$1,799,000
Price Per SF
$341
Building Height
2 Stories
Building FAR
0.12
Lot Size
0.98 AC
Opportunity Zone
Yes
Frontage
175 FT on FM 1314

Amenities

  • Restaurant
  • Signage
  • Drive Thru
  • Accent Lighting
  • Storage Space
  • Air Conditioning

About 23355 FM 1314 Rd , Porter, TX 77365

Description Opportunity to own a successful 20+ year old Mexican restaurant and Daiquiri/ Beer Drive Thru with excellent frontage on high traffic FM 1314. This turnkey operation includes all equipment, recipes, furniture, and more. Conveniently located in an Opportunity Zone with easy access to Valley Ranch Pkwy, Grand Pkwy (Hwy 99), and Hwy 59, this property is situated in a high growth residential and commercial area. Motivated Seller! Key Features: Prime location with high visibility and frontage on FM 1314 Easy access to major highways including Grand Pkwy (Hwy 99) and I-69 (Hwy 59) Located just 25 minutes from Houston and IAH Bush Airport, making it a convenient spot for locals and travelers.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
8460-01-03820
Land Assessment
$171,400
Improvements Assessment
$466,589
Total Assessment
$637,989
  • Listing ID: 31545584

  • Date on Market: 4/18/2024

  • Last Updated:

  • Address: 23355 FM 1314 Rd, Porter, TX 77365

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