1610 N BROADWAY STREET, BALLINGER, TX 76821

Homes for sale in Ballinger.

Homes for sale in 76821.


1610 N Broadway Street

Ballinger, TX 76821

Active

List Price$1,950,000

Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image

Listing #21158785

3,253

Square Feet

2

Number of Units

Commercial

Type

About This Property

Profitable Steakhouse for Sale -- Ballinger, Texas Almost 40 Years in Business - Turnkey Opportunity This well established restaurant has been a local favorite for almost 40 years, earning a loyal customer base and strong regional reputation. The business is consistently profitable with proven financials and steady cash flow. Known for quality steaks, classic Texas hospitality, and repeat clientele, this turnkey operation is ideal for an owner-operator or investor seeking a stable, income-producing business. Highlights: Almost 40 years of continuous operation Very profitable with documented financials Strong local and regional customer following Turnkey operation with trained staff in place Well-maintained kitchen, dining area, and equipment Prime location on the way to Lake OH Ivey Excellent growth potential through expanded hours, catering, or marketing Seating for 100 Sale includes improvements, building, business, equipment, recipes, and goodwill. Food will convey at cost separately at closing with a bill of sale. All P&Ls can be sent over after the NDA is signed by you and your clients. When you visit the restaurant, please DO NOT talk to the staff or customers about why you are there.

Property Features

Location Information

County

Runnels

Subdivision

Clampitt Beefmaster

Interior Features

Has Fireplace

No

Floors

Wood

Heating

Central

Tenant Pays

All Utilities

Cooling

Central Air

Total Number of Units

2

Exterior Features

Construction

Board & Batten Siding, Wood Siding

Lot Size in Sq. Ft.

12,675

Foundation

Slab

Possible Best Use

Restaurant

Roof

Asphalt

Zoning

Commercial

Utilities

Electricity Connected, Sewer Available, Water Available

Building Total Area (Sq. Ft.)

3,253

Parking Description

Asphalt

Is One Story

No

Lot Size in Acres

0.291

Additional Information

Year Built Details

Preowned

Status

Active

Property Type

COM

Tax Annual Amount

4072.0

Property SubType

Business

Exclusions

Food inventory to be sold separately at closing.

Year Built

1945

Lot Acres Source

Appraiser

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Mortgage Calculator

$9,106

per month

30 Year Fixed. 3.52% Interest Rate.

Principal + Interest

$7,026

Monthly Tax

$1,625

Monthly Insurance

$455

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.

Schools

Walk Score

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