Expired
$2,500,000
2.0 baths 3,075 SqFt 0.99 Acres

Commercial Restaurant For Sale on Hard Corner in Paris TX

1355 N Collegiate Dr, Paris, Texas 75460 | Lamar County


Details

Commercial Restaurant For Sale on Hard Corner in Paris TX

Commercial Turn-Key Restaurant for sale in Northeast Texas. Family owned and operated local restaurant business since 1990. The business has received multiple “Readers’ Choice” awards and accolades operating as McKees Family Restaurant in Paris, TX.
LOCATION: The property is located in Paris, TX in northeast Texas located less than 2 hours from the DFW area. Sitting on an acre of commercial ground and being a hard corner of State HWY Loop 286 and Collegiate road, the average daily traffic count is approximately 30,000 cars per day. Home Depot, multiple hotel chains, national and local restaurants, banks and other recognized retailers and businesses are all located within ¼ mile of this location.
CURRENT USE: The property is currently being offers as a Turn-Key local restaurant with over 30 years of business under its belt. The building is over 3,000 sq. ft of operating with full commercial kitchen, private office space, walk-in coolers, dual restrooms, etc.. Operating six days a week, the business is being offered with all FF&E with acceptable offer.
FUTURE USE: There is little to argue that the location of this property is one of the most valuable locations available for business in Paris, Texas. The area is and has experienced rapid growth in the last few years with many new businesses, both local and national, coming to the area. This provides an excellent investment opportunity for a new owner to take advantage of current business and expand or a new business to plant roots within the city. Currently zoned commercial, a new owner can put in retail, hospitality, national restaurant chain, banking institution, medical or any number of different businesses.
FINANCIALS: 3-year Financials can be provided to capable buyer with appropriate proof of funds.
MANAGEMENT: Owners are open to short term transition period with new Buyer.
CONTACT: Please contact Kim Ross 903-491-6797 / kim.ross@altaterrarealty.com with United Country Altaterra Realty & Auction for questions and scheduling.

Property Features

  • Commercial Property For Sale
  • Turn-Key Restaurant For Sale
  • Investment & Income Property
  • Commercial Property Paris TX
  • Investment Property Paris TX
  • Lamar County TX Real Estate
  • AltaTerra Realty Paris Texas
  • Businesses for Sale Paris TX
  • Commercial Property
  • REO Foreclosure
  • Businesses for Sale
  • Restaurant & Bar
  • Investment & Income
  • Call Kim (903) 438-2585

Property Details

Street Address:

  1355 N Collegiate Dr

Paris:

  Paris

State:

  Texas

Postal Code:

  75460

Country:

  United States

County:

  Lamar

Listing ID:

  42233-13694

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