




$249,900
202 State Highway 31 E, Kilgore, TX, 75662
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About this property
Prime Commercial Property on Highway 31 in Kilgore, Texas. Welcome to an exceptional commercial property located at an ideal location for visibility and accessibility. This versatile property most recently was operated as a successful restaurant, and in years past was a local hot spot for evening entertainment, karaoke, and dancing, making it a turnkey opportunity for restaurateurs or entrepreneurs looking to capitalize on its established presence. Situated directly on Kilgore's Highway 31, this property benefits from a constant flow of traffic, providing excellent exposure and easy access for patrons. The high visibility and convenient location make it an attractive choice for a wide range of business ventures. The building boasts a generous floor plan designed to accommodate a full-service restaurant, complete with a dining area, drive-thru, walk-in cooler, professional grade vent-a-hood, grease trap and more. Included within the property is a dedicated office space, providing a convenient area on-site for administrative tasks and business operations. The property includes a sizable parking lot, providing ample space for customers and employees. The property is equipped with all necessary utilities, including updated HVAC systems, electrical wiring, and plumbing. The open kitchen with expansive bar, provides that warm and personal feeling for patrons who enjoy that home town, "Everybody knows your name" experience. Whether you're looking to continue the legacy of a popular dining and entertainment destination or seeking a strategic location for a new business endeavor, this property offers endless possibilities. Don't miss out on this prime commercial opportunity —where high traffic meets high potential.
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Learn About the Market: Opportunity in Texas




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Texas
Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.
Population Growth
~1.3% annually
Net Migration
Positive
Median Home Price
$283,800
Unemployment Rate
4.3%
Price Trend
Flat
New Permits
158,121
City: Kilgore
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