Restaurant & Cafe 7469 S US Highway 79

Investment Highlights

Heavy vehicle traffic 3282 sq ft on 1.71 acres Freestanding in Good Condition Existing Restaurant Building Ample paved parking

Executive Summary

SHOWING BY APPOINTMENT ONLY. LISTING AGENT MUST BE PRESENT. Located along US Hwy 79 in Palestine, TX, this partially furnished 3282 sq ft restaurant, once known as Lafitte's Cajun Caf?, is a gem awaiting a new proprietor. The location is fantastic. Its vibrant setting provides a canvas that can be artfully arranged in various configurations. Imagine the possibilities: an area for live music, pool tables for entertainment, a bar where stories are shared and memories made, and multiple seating areas that cater to diverse preferences.The ambiance is versatile, adapting to the mood you wish to create. Whether you envision an intimate dinner setting, a lively spot for social gatherings, or a combination of both.This property boasts practical features.: Two walk-in freezers that will provide ample food storage and an office area that is seamlessly integrated, offering a designated space for administrative tasks allowing you to efficiently manage operations. Additionally, ample parking spaces surround the property, ensuring that accessibility is never a concern for your patrons.The property is being sold as is. This provides a unique opportunity for an enterprising individual or your team to bring their vision to life. While the restaurant is partially furnished and equipped, there may be a need for repairs or adjustments to meet current codes; therefore, any necessary repairs or updates will be the responsibility of the buyer. The bones of Lafitte's Cajun Caf? stand strong, infused with the memories and flavors of the past. It's a place where the spirit of celebration lingers in the air.Take a moment to picture the possibilities:? The band setting up for a night of live performances.? The anticipation before a game of pool, and the hum of conversations echoing across the various seating areas. ? The Bar, a centerpiece and hub of social activity where tales are spun, and friendships are forged.The potential is palpable, and it is ready for you to embrace the opportunity to make this restaurant your own, infusing it with your unique flair and culinary passion. In conclusion, this restaurant, on a vibrant road, is a rare opportunity to step into a space with a rich history and shape its future. The potential is boundless.

• Sale Type    Investment or Owner User
• Property Type    Retail
• Property Subtype    Restaurant Restaurant General Retail Bar General Retail Convenience Store General Retail Freestanding Restaurant
• Building Size    3,282
• Building Class    B
• Year Built    1992
• Price    625,000
• Price Per SF    190
• Tenancy    Single
• Building Height    1 Story
• Building FAR    0.04
• Land Acres    1.71 AC
• Opportunity Zone    Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

• Restaurant