702 S RICE STREET, HAMILTON, TX 76531
Homes for sale in Hamilton.
Homes for sale in 76531.
List Price$249,000
702 S Rice Street
Hamilton, TX 76531
Listing #605675
2,026
Square Feet
Commercial
Type
About This Property
Step into history and opportunity with this long-standing local gem. Originally opened in the late 1950s as a beloved BBQ restaurant, this property carries decades of character and community roots. The current owner has been part of the business for 53 years and proudly operated it for more than 30 of those years. Perfectly positioned right off busy Highway 281, this property offers excellent visibility, easy access, and high traffic exposure. Situated on a large lot of over half an acre, there is ample room to expand -- with plenty of space for patio seating, additional parking, or even a future drive-thru. Inside, you'll find charming original features, including a classic brick oven and an authentic hometown feel that's hard to replicate. Endless possibilities await: * Continue as a restaurant or BBQ destination * Convert into a coffee shop, tap house, or café * Expand with outdoor dining or event space * Customize and bring your own vision to life This is more than just a property -- it's a chance to build on a legacy while creating something new.
Property Features
Location Information
County
Hamilton
Directions
From the courthouse head on 281 towards Lampasas it will be right over the hill on your Right
Interior Features
Heating
Window Unit
Floors
Concrete
Cooling
Wall/Window Unit(s)
Exterior Features
Stories
2
Lot Size in Acres
0.512
Construction/Exterior
Masonry
Water Body
None
Foundation
Slab
Has Waterfront
No
Possession
Closing & Funding, Closing
Has View
No
Water / Sewer
Public Sewer
View
None
Parking Description
Circular Driveway, Parking Space(s)
School
School District
Hamilton ISD
Additional Information
Other Utilities
None, Water Available
Year Built
1940
Property Type
COM
Status
Active
Property SubType
Commercial
Amenities
None
Property SubType 2
Commercial Sale
Square Feet Source
Appraiser
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Mortgage Calculator
$1,162
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$897
Monthly Tax
$207
Monthly Insurance
$58
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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