Kilgore, TX 75662 238 Joy Wright Mountain Road
$850,000
31 more
- MLS# 20610705
- 05/17/2024
Presented By: Lacy Turner with Platinum Realty Group Tyler;
Disclaimer: The information contained in this listing has not been verified by Bold Real Estate and should be verified by the buyer.
SQFT • 4,900
Year Built • 1960
Home Details
This unique listing presents an unparalleled chance to acquire not just one, but two distinct businesses in one go, offering endless potential for savvy investors. At the heart of this opportunity lies Cork & Bottle, an established and thriving liquor store occupying an expansive 3,000 square feet of prime retail space. Boasting a robust clientele and a reputation for excellence, Cork & Bottle stands as a testament to its success in the competitive market. Adjacent to this flourishing liquor store sits 24650 I-20 E, a spacious 1,900 square foot restaurant awaiting revitalization. While currently inactive, this restaurant space presents a canvas primed for transformation into the next culinary hotspot, offering ample room for creative vision and expansion. Set upon a generous 9.92-acre lot, this property enjoys unparalleled visibility and accessibility along the highly coveted I-20 thoroughfare, ensuring a steady stream of traffic and potential customers.
Presented By: Lacy Turner with Platinum Realty Group Tyler;
Interior Features for 238 Joy Wright Mountain Road
Other Interior Features
Air Conditioning Y/NYes
Basement (Y/N)No
Fireplace Y/NNo
FlooringCeramicTile
Heating Y/NYes
Total Stories1
General for 238 Joy Wright Mountain Road
Additional Parcels Y/NNo
Attached Garage No
Business NameCork & Bottle Beverage Center
Business TypeLiquorStore, Restaurant
Carport Y/NNo
CityKilgore
Construction MaterialsMetalSiding
CoolingCentralAir, Electric
CountyGregg
DirectionsFrom Tyler, Take I-20. Take exit 579 toward Joy Wright Mt Rd. Turn right onto Joy Wright Mt Rd.
Electric On Property Y/NNo
Garage Y/NNo
Gross Income390000.0
HOANo
HeatingCentral, Electric
Home Warranty Y/NNo
Land Lease Y/NNo
Leasable Area0.0
Lease Considered Y/NNo
Lease Renewal Y/NNo
Legal DescriptionAB 26 J W BELL SUR TR 4-02
Lot Size Square Feet432115.2
Lot Size UnitsAcres
MobileHomeRemainsYNNo
ModificationTimestamp2024-09-30T18:47:28.163-00:00
Net Operating Income282000.0
New ConstructionNo
Number Of Units Total2
OwnerPaysAllUtilities
PossessionCloseOfEscrow
Possible UseFoodService, Other, Restaurant
Property Attached Y/NNo
Property Sub Type AdditionalBusiness
Property SubtypeBusiness
Property TypeCommercialSale
Rent Control Y/NNo
RoofMetal
Security FeaturesSecuritySystem
Senior Community Y/NNo
Standard StatusActive
StatusActive
Subdivision NameJ W BELL SUR TR
Tenant PaysAllUtilities
Virtual TourClick here
Waterfront Y/NNo
Year Built1960
Year Built DetailsPreowned
Zoning DescriptionIndustrial/ Mixed
Exterior for 238 Joy Wright Mountain Road
Building Area Total4900.0
Crops Included Y/NNo
Foundation DetailsSlab
Horse Y/NNo
InclusionsLand & Improvements
Irrigation Water Rights Y/NNo
Lot FeaturesAcreage
Lot Size Acres9.92
Lot Size Area9.92
Lot Size SourceAssessor
Open Parking Y/NNo
Parking FeaturesOffStreet
Road Frontage TypeInterstate
SpaNo
Additional Details
Price History
Suzanne Smith
Broker/Owner