Address
401 S High Street, Longview, TX
Price
$ 935,000
Property Attributes
- MLS#20401041
- TypeCommercial
- CountyGREGG
- CityLongview
- NeighborhoodA0900 - Longview Ncb
- Zip75601
- StyleBusiness
- Price$ 935,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size0.97 Acres
Data Source:
North Texas Real Estate Info Systems (NTREIS)
Property Description
This is a wonderful, downtown property with multiple uses for its next owner! Here is your chance to take over the fully-furnished kitchen and restaurant with an adjoining, blank-canvas storage building. The property is zoned general retail, so it can be the site of the next Downtown Longview shopping plaza, perhaps featuring multiple offices, new restaurants, or retail storefronts! What about a new beer garden or brewery with outdoor vendors or food trucks? How about a new center with apartment lofts and shopping and dining options below? Downtown Longview has been exploding with new businesses and potential, so don’t you want to get in early to maximize your investment potential? An abundance of parking on a corner lot. Rear overhead door with ramp for loading. Price is for building, land, and fixtures and furnishings only – business name and operations are not being included. A detailed inventory list can be provided. Business and restaurant are currently fully operational.
| Price History | |
|---|---|
| 8/9/2023 | Listed $975,000 |
| 1/30/2024 | 5% - $935,000 |
General Features
| Heating | Central,Electric |
|---|---|
| Cooling | Central Air,Electric |
| Utilities | City Sewer,City Water,Electricity Available,Natural Gas Available |
| Ceiling Height | 8 to10 Feet,11 to 14 Feet |
| Possession | Closing/Funding |
| Roof | Composition |
| Year Built | 1935 |
| Tenant Pays | Other |
| Business Type | Restaurant |
| Building Use | Restaurant |
| Owner Pays | All Utilities |
| Will Subdivide | No |
| Gross Annual Expenses | 0.00 |
| Property SubType | Business |
| Subdivision Name | A0900 - LONGVIEW NCB |
| Accessibility Features | Accessible Approach with Ramp,Accessible Entrance |
| Zoning Description | Heavy Commercial |
| Occupant Type | Owner |
| County | Gregg |
| Property Type | Commercial Sale |
| Security Features | Fire Sprinkler System |
| Construction Materials | Brick,Stone Veneer |
| Year Built Details | Preowned |
| Status | Active |
| Directions | FROM HIGHWAY 80,GO SOUTH ONHIGH STREET,PROPERTY WILL BEON THE RIGHT JUST PAST DOWNTOWN,ACROSS FROM KILGORE COLLEGE - LONGVIEW CAMPUS. OR...FROM THE I-20,EXIT ESTES PKWY,HEAD NORTH,SLIGHT LEFT ONTO HI |
| City | Longview |
| Buyer Agent Compensation | 3 |
| Street Name | High |
| Virtual Tour URL Unbranded | https://www.propertypanorama.com/instaview/ntreis/20401041 |
| Standard Status | Active |
| Buyer Agent Compensation Type | % |
Interior Features
| Flooring | Ceramic Tile,Vinyl |
|---|---|
| Total Stories | 1 |
| Total Units | 1 |
| SQFT Gross | 7117 |
| Lock Box Type | See Remarks |
| Street Suffix | Street |
Exterior Features
| Lot Size Source | Appraiser |
|---|---|
| Parking Features | Off Street,On Street,Parking Lot |
| Lot Size | .5 to < 1 Acre |
| Foundation | Slab |
| Lot Size Area | 0.9700 |
| Lot Size Units | Acres |
| Building Area Total | 7117.00 |
| Lot Size Square Feet | 42253.2000 |
| Lot Size Acres | 0.9700 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in 75601
Price
Visits
Year Built
Walkscore
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