110 W Bailey St

110 W Bailey St , Ponder, Texas, 76259 | 2,950 sq.f | $ 2,300,000

Card image
Card image
Card image

About This Restaurant

Investment Highlights

Accessible Entrance PLEASE TEXT Listing Agent Eric Scortia to schedule a showing appointment 972-489-5767 Meets ADA Requirements

Executive Summary

Both Property & Business are offered together, including commercial building & parking lot, all equipment, inventory, historic photos and furnishings, the Ranchman's business, name and intellectual property. The Buyer can continue the rich history of Ranchman's (formerly the Ponder Steakhouse), a Texas tradition. The original restaurant opened in 1903 and has been expanded and updated, including major renovations in 2022 to be ADA compliant, rewiring of entire building, new roof, complete plumbing upgrade, epoxy flooring, Hardie fiber cement siding, loading dock, ductless HVAC and high efficiency tankless water heater. Celebrity guests have included: John Wayne, Warren Beatty & Faye Dunaway (during filming of Bonnie & Clyde movie), Lillian Carter, Stevie Nicks, Cindy Crawford, Dennis Hopper, Eric Clapton & others. Featured in The Big Texas Steakhouse Cookbook, Food Network with Bobby Flay and The Texas Bucket List (NBC). Watch YouTube - Bobby Flay Ponder Steakhouse https://www.youtube.com/watch?v=hPLdapXOv4UWatch YouTube - Ranchman's Sizzle Reel https://www.youtube.com/watch?v=FEtxqNBbhFM

Property Details

  • Sale Type    Owner User
  • Property Type    Retail
  • Property Subtype    Restaurant
  • Building Size    2,950
  • Building Class    B
  • Year Built/Renovated    1903/2022
  • Price    2,300,000
  • Price Per SF    780
  • Tenancy    Single
  • Building Height    1 Story
  • Loading Docks    1 Exterior
  • Building FAR    0.14
  • Land Acres    0.50 AC

Amenities

  • Restaurant
  • Security System
  • Signage
  • Tenant Controlled HVAC
  • Storage Space
  • Air Conditioning

Property Taxes

Parcel Number R45227 Improvements Assessment $17,550
Land Assessment $132,763 Total Assessment $150,313
Date Created: 2024-07-16 04:23:42 Last Updated: 2024-07-16 04:23:42
Address: 110 W Bailey St , Ponder, Texas, 76259