124 W NORTH COMMERCE STREET, WILLS POINT, TX 75169
Homes for sale in Wills Point.
Homes for sale in 75169.
124 W North Commerce Street
Wills Point, TX 75169
List Price$599,900
Listing #21108948
About This Property
Location, Location, Potential! Own a piece of history in the heart of Wills Point's Historic Downtown and the famous brick streets. This iconic commercial property, a beloved cafe and restaurant location for over 40 years, offers unparalleled visibility directly on Highway 80. Don't just buy a building; buy a legacy and future potential. The spacious main floor is fully equipped and currently operating Mon. & Tues 7-2 pm; Wed- Fri 7 am - 8 pm; Saturday 8 am-2 pm; Sunday -closed. Features include: High volume layout with 14 comfortable booths and tables in the front dining area. Efficient service with walk up counter for ordering and delivery to tables. Full commercial kitchen that includes an order counter, kitchen prep area, dedicated refrigerator and freezer room and two public restrooms. Also includes convenient rear roll-up door for deliveries. There is an upstairs bar with residential potential. Unlock the untapped value! The upstairs area is primed to become a vibrant addition to Downtown. Future bar space: Currently plumbed with a shower and sink, this area is ideal for conversion into a is ideal for conversion into a stylish cocktail lounge, private event space or even a small residential unity with minor plumbing additions for a restroom. The current successful menu includes all day breakfast, classic burgers, Tex-Mex favorites, chicken fried steak, and a super in-town delivery service, offering immediate cash flow for the next owner
Property Features
Location Information
County
Van Zandt
Subdivision
Original
Interior Features
Has Fireplace
No
Floors
Concrete, Parquet
Heating
Central
Tenant Pays
All Utilities
Cooling
Central Air
Total Number of Units
1
Exterior Features
Construction
Brick
Lot Size in Acres
0.066
Foundation
Pillar/Post/Pier
Lot Size in Sq. Ft.
2,874
Roof
Tar/Gravel
Possible Best Use
Food Service, Restaurant
Water / Sewer
Sewer Available, Water Available
Zoning
RS-C4 and RS-D4
Utilities
Sewer Available, Water Available
Building Total Area (Sq. Ft.)
3,168
Parking Description
Common
Is One Story
No
Additional Information
Year Built Details
Preowned
Status
Active
Property Type
COM
Tax Annual Amount
2118.0
Property SubType
Business
Lot Acres Source
Assessor
Year Built
1950
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Mortgage Calculator
$2,799
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$2,161
Monthly Tax
$499
Monthly Insurance
$139
yrs
%
$
$
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
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