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$349,900

613 E Highway 31, Kilgore, TX, 75662

$374,852 ARVInfo
On MarketInfo
CommercialInfo
Beds— Beds
Baths— Bath
Baths2,756 Sq Ft
price_per_sqft$126.96 / sqft
Year BuiltBuilt in 1950

About this property

This is a great opportunity for someone who has always wanted to open their own restaurant without the time, expense, andhassle of starting from scratch. The restaurant offers over 2,700 square feet of heated and cooled space and has been fullyremodeled with new flooring throughout, tables, chairs, refrigerators, commercial kitchen equipment, fixtures, and everythingelse needed to get the restaurant back up and running. The sale includes all of the equipment and furnishings, making this atrue turnkey opportunity for a new owner to bring in their own menu, concept, and vision. Save the time and money of buildinga restaurant from the ground up the hard work has already been done. This space is ready for someone who has beendreaming of opening a restaurant and wants to walk into an established, fully equipped restaurant space and make it their own.

Investor Tools

$0Estimated Mortgage Balance
$349,900Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$374,852
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,099 /month
Positive
Cash Flow Estimate:
$700 /month

Interested in this property?

Letcher Summers

Summers Cook & Company

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Financing Details

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

City: Kilgore

613 E Highway 31 | Property Details | No Agent List