UPDATED:
Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
Square Footage 2,928 sqft
Price per Sqft $71
Subdivision Samuel Erwin Surv #348
MLS Listing ID 21195950
HOA Y/N No
Year Built 1940
Annual Tax Amount $3,217
Lot Size 0.660 Acres
Acres 0.66
Property Sub-Type Business
Property Description
Most recently operated as a Mexican restaurant, the building is currently vacant and ready for revitalization. The kitchen appliances have been removed, but several tables and select furnishings remain, offering a starting point for a new owner with vision. With some care and creativity, this space could once again become a community gathering spot.
Strategically located along the highway leading to the future Lake Ralph Hall, the property offers excellent potential for both nostalgic revival and forward-thinking investment. As lake traffic increases, consider the possibilities: a hometown café, breakfast spot, bait and tackle shop, sandwich stop for lakegoers, or even a local farm-to-table market. The location positions you to serve both longtime residents and new visitors to the area.
Opportunities like this are rare—where history, highway frontage, and future growth intersect. The owners are motivated and open to working with buyers to bring new life to this well-known location.
Building is also available for lease.
Location
State TX
County Fannin
Zoning Commercial
Direction GPS friendly
Interior
Heating Central
Cooling Central Air
Flooring Ceramic Tile, Hardwood
Inclusions Building Only, Furniture
Fireplace No
Exterior
Parking Features Additional Parking, Boat, Common
Utilities Available Electricity Connected, Natural Gas Available, Sewer Available, Separate Meters, Water Available
Water Access Desc Public
Roof Type Metal
Accessibility Accessible Approach with Ramp
Road Frontage City Street, Highway, All Weather Road
Private Pool No
Building
Lot Description Corner Lot
Story 1
Foundation Pillar/Post/Pier
Sewer Public Sewer
Water Public
Others
Tax ID 000000074832
Acceptable Financing Cash, Owner Will Carry
Listing Terms Cash, Owner Will Carry
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