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 |