215 27TH AVENUE, MINERAL WELLS, TX 76067

Homes for sale in Mineral Wells.

Homes for sale in 76067.


Active

List Price$1,683,200

215 27th Avenue

Mineral Wells, TX 76067

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Listing #20948250

6,838

Square Feet

1

Number of Units

Commercial

Type

About This Property

Capitalize on a rare investment opportunity at 215 NE 27th Ave, Mineral Wells, TX, home to the thriving Kirin Asian Buffet! Strategically located in the heart of Mineral Wells--a rapidly growing community west of Fort Worth--this commercial property is perfectly positioned to benefit from the region's economic boom. With Weatherford and Mineral Wells emerging as the next hot spots for business and development, this high-traffic location offers unmatched potential for investors or restaurateurs. Whether you're seeking to purchase the real estate as a passive investment with the current owner continuing to operate the successful buffet or acquire both the property and business to launch a new culinary concept, this is your chance to invest in a future economic powerhouse. This commercial space is designed for seamless restaurant operations, featuring a fully equipped commercial kitchen with top-of-the-line appliances for high-volume food preparation, a spacious dining area ideal for buffet-style service or large gatherings, and a convenient drive-through lane to attract on-the-go customers. The versatile layout supports a variety of dining concepts, from Asian cuisine to fast-casual or family-style restaurants, making it a prime choice for diverse business models. Ample parking ensures guest accessibility, enhancing the property's appeal in this bustling area. Mineral Wells is a welcoming community with a median home price of $205K, reflecting an affordable and attractive market for businesses. With the region west of Fort Worth experiencing continuous economic growth, Mineral Wells and nearby Weatherford are becoming the next economic hotspots, drawing investors and entrepreneurs. This property at 215 NE 27th Ave is a unique opportunity to invest in the heart of this dynamic dining scene, with the flexibility to align with your investment goals.

Property Features

Location Information

County

Palo Pinto

Subdivision

John Quarter Acres Add

Interior Features

Has Fireplace

No

Floors

Concrete

Heating

Central

Tenant Pays

All Utilities

Cooling

Central Air

Total Number of Units

1

Exterior Features

Construction

Aluminum Siding, Brick, Metal Siding, Rock, Stone

Lot Size in Sq. Ft.

46,522

Foundation

Slab

Possible Best Use

Food Service, Place of Wor

Roof

Metal

Zoning

commerical

Utilities

Sewer Available, Water Available

Building Total Area (Sq. Ft.)

6,838

Parking Description

Common, Concrete, Drive Through

Road Description

City Street

Lot Description

Acreage, Interior Lot, Landscaped, Many Trees

Is One Story

No

Lot Size in Acres

1.068

Lot Description

Acreage, Interior Lot, Landscaped, Many Trees

Additional Information

Year Built Details

Preowned

Status

Active

Property Type

COM

Tax Annual Amount

13206.0

Property SubType

Retail

Lot Acres Source

Assessor

Year Built

1983

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Mortgage Calculator

$7,859

per month

30 Year Fixed. 3.52% Interest Rate.

Principal + Interest

$6,065

Monthly Tax

$1,402

Monthly Insurance

$392

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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