Garland, TX 75043 525 E Oates
$1,199,000
4 more
- MLS# 20662791
- 07/06/2024
Presented By: Marissa Avila with Standard Real Estate; 903-245-4448
Disclaimer: The information contained in this listing has not been verified by Bold Real Estate and should be verified by the buyer.
SQFT • 2,990
Year Built • 1978
Home Details
Great business opportunity to own a successful restaurant in a busy location. The seller is ready to retire and spend more time with family. The seller has been in the restaurant business for 40+ years. The seller's business is currently working based off 'word of mouth' and repeat customers alone (zero online presence). The opportunities are endless and this successful business has so much room for growth. The building has potential for a bar and drive thru. There are several nearby developments coming soon: new apartments, new waterpark, and more. There are 25 apartment complexes alone with multiple brand new apartment complexes within a 3 mile radius for potential customers. 60 apartment complexes within a 5 mile radius. Sale includes all furnishings: the dining tables, dining chairs, booths, cooking equipment, all you need for a quick turn around! There are so many more details to share.
Presented By: Marissa Avila with Standard Real Estate; 903-245-4448
Interior Features for 525 E Oates
Other Interior Features
Air Conditioning Y/NYes
Basement (Y/N)No
Fireplace Y/NNo
FlooringCarpet, Tile
Heating Y/NYes
Total Stories1
General for 525 E Oates
Additional Parcels Y/NNo
Attached Garage No
AttributionContact903-245-4448
Business TypeCommercial, Restaurant, Retail
Carport Y/NNo
CityGarland
Construction MaterialsBrick, Concrete, WoodSiding
CoolingCentralAir, CeilingFans
CountyDallas
DirectionsGPS, Waze, Google Maps.
From I-30: Exit Broadway, North on Broadway, Restaurant is on the corner of Broadway & Oates.
Electric On Property Y/NNo
ExclusionsGold red plaque over cashier counter and tray horse artwork in the foyer.
Garage Y/NNo
Gross Income530000.0
HOANo
HeatingCentral
Home Warranty Y/NNo
Land Lease Y/NNo
Leasable Area0.0
Lease Considered Y/NNo
Lease Renewal Y/NNo
Lot Size Square Feet22132.0
Lot Size UnitsSquareFeet
MobileHomeRemainsYNNo
ModificationTimestamp2025-03-24T20:32:34.790-00:00
Net Operating Income227400.0
New ConstructionNo
Number Of Units Total1
PossessionClosePlus30To60Days, CloseOfEscrow, ClosePlus60To90Days, Negotiable
Possible UseRestaurant
Property Attached Y/NNo
Property Sub Type AdditionalRetail
Property SubtypeRetail
Property TypeCommercialSale
Rent Control Y/NNo
RoofShingle
Senior Community Y/NNo
SewerPublicSewer
Standard StatusActive
StatusActive
Subdivision NameRose Hill Acreage Homesites
Tenant PaysAllUtilities, CommonAreaMaintenance, CableTv, Electricity, ExteriorMaintenance, Gas, GroundsCare, Sewer, Water
UtilitiesSewerAvailable, WaterAvailable
Virtual TourClick here
Waterfront Y/NNo
Year Built1978
Year Built DetailsPreowned
Zoning DescriptionCommercial, Restaurant
Exterior for 525 E Oates
Building Area Total2990.0
Crops Included Y/NNo
Foundation DetailsSlab
Horse Y/NNo
InclusionsBuilding Only, Business, Furniture, Inventory, Land & Improvements, Machinery
Irrigation Water Rights Y/NNo
Lot FeaturesAcreage, Subdivision
Lot Size Acres0.5081
Lot Size Area22132.0
Lot Size SourcePublicRecords
Open Parking Y/NNo
Parking FeaturesAdditionalParking, OnSite, ParkingLot, Private
SpaNo
Water SourcePublic
Additional Details
Price History
Suzanne Smith
Broker/Owner