702 S RICE STREET, HAMILTON, TX 76531

Homes for sale in Hamilton.

Homes for sale in 76531.


Active

List Price$249,000

702 S Rice Street

Hamilton, TX 76531

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

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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