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$599,900

1103 W Upshur Ave, Gladewater, TX, 75647

On MarketInfo
CommercialInfo
Beds— Beds
Baths— Bath
Baths3,696 Sq Ft

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —

Exterior

Lot Size23,366 sqft

Building Information

Stories1

Land Information

APN7670000119-001-00-01
Lot Number1-3
SubdivisionWood Heights
Land UseCommercial
Legal DescriptionLTS 1; 2 & 3 (S 45' LTS 2 & 3) 4 THRU 9 BLK 119 WOOD HEIGHTS
Census Tract010201
Assessed Land Value$17,530
Assessed Improvement Value$232,870
Assessment Year2025

About this property

Turnkey Restaurant Opportunity on Hwy 80 – Prime Gladewater Location! Don't miss this rare chance to own a fully operational restaurant in one of Gladewater's most high-traffic areas! Located right on Hwy 80, this beautifully designed building boasts incredible curb appeal with its warm exterior color palette and striking brickwork that draws attention from every passerby. Step inside and you'll find a clean, inviting dining space featuring upgraded seating, modern tables, and a neutral, stylish interior that’s perfect for breakfast, lunch, or dinner service. Whether you’re a seasoned restaurateur or a first-time business owner, this space is ready for immediate operation. The gourmet kitchen comes fully equipped with quality appliances, including a new deep freezer, commercial refrigeration, and everything you need to start serving customers right away. A true turnkey opportunity—just bring your concept and open the doors!

Investor Tools

$111,953Estimated Mortgage Balance
$139,120Estimated Equity
55% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,599 /month
Positive
Cash Flow Estimate:
$1,200 /month

Interested in this property?

Myles Wise

Ember Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$356/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,015
$250,400
2025
$17,530
$232,870
$250,400
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,015
$250,400

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Austin Bank Texas Na
Open End Mortgage / Open End With Future Advance Clause
$125,000
No
First
Dec 3, 2020
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$111,953
$138,447
55%
45%
$750/mo

City: Gladewater