About this property

The Pearl Cactus Steakhouse & Bar – Downtown Blanket, Texas Discover the charm of small-town Texas with The Pearl Cactus Steakhouse & Bar, an upscale western-themed restaurant and bar located on a prime corner lot in downtown Blanket. Originally built in 1901 and fully renovated in 2023, this stunning property combines timeless rustic character with modern design and functionality. The building features rock exterior walls, polished concrete floors, and a beautiful electric double-sided fireplace that creates an inviting atmosphere for guests. The layout offers indoor seating for up to 76 guests, with one side designed for comfortable dining and the other for a vibrant bar experience. The 22-foot metal bar with a granite countertop, swivel barstools, and a serving window connecting to the outdoor patio creates the perfect balance between elegance and entertainment. The outdoor courtyard patio provides additional seating surrounded by beautiful landscaping and a rustic windmill centerpiece, offering guests a relaxed outdoor dining experience. Modern amenities include a walk-in cooler, security system, air conditioning, wheelchair accessibility, and decorative lighting throughout. While fully updated, the property retains its authentic western charm and historic character. All furnishings, fixtures, and equipment convey, including tables, chairs, kitchen appliances, cookware, serving dishes, chandeliers, glassware, décor, and more—making this a turnkey investment opportunity for a new owner. The rear exterior wall requires repair and maintenance before the building can be operated as a business again, presenting the chance to restore and reopen this admired local establishment. Located on Main Street, this property offers excellent visibility and accessibility, making it ideal for continued restaurant use or other commercial ventures.