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$470,000

619 Broadway Street, Port Lavaca, TX, 77979

On MarketInfo
CommercialInfo
Beds— Beds
Baths— Bath
Baths4,224 Sq Ft
price_per_sqft$111.27 / sqft
Year BuiltBuilt in 1955

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —
FlooringConcrete

Exterior

Lot Size20,909 sqft

Building Information

Year Built1955

Land Information

APN38776
Lot Number1
Land UseCommercial
Legal DescriptionA0035 MAXIMO SANCHEZ, TRACT 84 & PT 82, ACRES .48, (LT 1 KEY NOBLE S/D)
Census Tract000100
Assessed Land Value$30,320
Assessed Improvement Value$220,600
Assessment Year2025

About this property

This family-oriented restaurant spans 2,880 sq ft and is located 2 blocks from the water. It has been recently updated with new plumbing, modern lighting, and a fully integrated fire safety system. There are two upstairs apartments, each with two bedrooms and one bath. They were fully remodeled 4 yrs ago with new central air and all new plumbing. These units have the potential to generate additional income. The restaurant includes a storage room of 1,520 sq ft and features several gaming areas for children. The POS system is wired to multiple components, including the register, bar, two kitchens, waitress station, and printers, ensuring efficient operation. This establishment feature a bar and two kitchens. The bar area is equipped with 5 coolers, an ice maker, tea and lemonade dispensers, a soda fountain, and a margarita machine, all set up and ready for use. The first kitchen includes a conventional oven, two fryers, a commercial stove, an oven skillet, a 14-foot vent hood with suppression system, multiple refrigerators (including 1-to-3-door freezer), a commercial sink, a breadbasket, and a food warmer. The second kitchen offers three freezers and one refrigerator, along with a boil room. The patio area has been recently painted and spans 1,600 sq ft, featuring 3 outdoor TV's and outdoor restrooms.

Investor Tools

$0Estimated Mortgage Balance
$250,920Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,820 /month
Positive
Cash Flow Estimate:
$940 /month

Interested in this property?

Rose Stewart

RE/MAX Land & Homes on the Bay

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$564/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,519
$250,920
2025
$30,320
$220,600
$250,920
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,519
$250,920

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$250,920
100%
0%
$0/mo

City: Port Lavaca

619 Broadway Street | Property Details | No Agent List