About This Restaurant
Investment Highlights
Previously a operating Restaurant for 40 plus years! Busy Highway Frontage The adjoining property operates as a Salon.
Executive Summary
This commercial property listing includes two properties situated at 145 HWY 35 and 319 HWY 35, both strategically located near the intersection of HWY 35 and Virginia St in Port Lavaca. The first property, 145 HWY 35, was operating as a restaurant, while the adjoining property at 319 HWY 35 serves as a salon. The combined lot size is just under half an acre, and it boasts an extensive 12,500 square feet of asphalt-paved parking space, making it highly convenient for customers. One of the standout features of this property is its exceptional visibility due to its location at one of the most heavily traveled intersections in Port Lavaca. With constant exposure to passing traffic, this property offers valuable advertising opportunities, effectively promoting businesses 24 hours a day, 365 days a year. As of 2021, the annual average daily traffic count at this location was reported at an impressive 32,130 cars per day, underscoring its high visibility. The property also benefits from 160 feet of frontage along HWY 35, providing excellent accessibility and exposure to potential customers. Additionally, a crossover directly in front of the property links the North and South bound lanes of highway 35, making it even more convenient for customers to access. This commercial property listing offers two well-established businesses, excellent visibility, ample parking, and a prime location near a highly traveled intersection in Port Lavaca. With the added benefit of a growing business corridor in the vicinity, it presents an enticing opportunity for prospective buyers looking to invest in a thriving commercial area
Property Details
- Sale Type Investment
- Property Type Retail
- Property Subtype Restaurant
- Building Size 2,120
- Building Class C
- Year Built 1963
- Price 450,000
- Price Per SF 212
- Percent Leased 100
- Building Height 1 Story
- Building FAR 0.10
- Land Acres 0.49 AC
Property Taxes
Parcel Number | 28022 28093 | Improvements Assessment | $39,730 |
Land Assessment | $188,500 | Total Assessment | $228,230 |
Date Created: | 2024-07-16 04:23:41 | Last Updated: | 2024-07-16 04:23:41 |
Address: | 145 & 319 State Highway 35 N , Port Lavaca, Texas, 77979 |