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Bar & Grill For Sale! 12108 State Highway 21 E

1,200 SF Retail Building Midway, TX 75852 £215,174 (£179/SF)

Investment Highlights

  • OWNER FINANCING AVAILABLE!!!
  • Covered seating area outside
  • Minutes from I-45
  • Property comes with all kitchen equipment, slot machines, tables, chairs, & MORE
  • Located near TDCJ - the largest county employer

Executive Summary

OWNER FINANCING AVAILABLE!!! Highway 21 East Commerical Lot with high visibility and easy access situated in downtown Midway, TX. Red, White, & Brew Bar & Grill is an updated, freestanding 1200-square-foot building located in a rural area between Madisonville and Crockett. This "Turnkey" offering currently operates as a quick service restaurant, bar, and game room but could easily be converted into a redevelopment project as the property benefits from being well-positioned in a small-town residential and retail corridor consisting of single and multifamily residences nearby and commercial national and local tenants. Property tours are available by appointment only.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
1,200 SF
Building Class
C
Year Built
2004
Price
£215,174
Price Per SF
£179
Tenancy
Single
Number of Floors
1
Building FAR
0.17
Lot Size
0.16 AC
Opportunity Zone
Yes
Frontage
55 ft on Texas 21

Amenities

  • Restaurant

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
23928
Land Assessment
£6,134
Improvements Assessment
£43,356
Total Assessment
£49,490
  • Listing ID: 27031402

  • Date on Market: 22/04/2022

  • Last Updated:

  • Address: 12108 State Highway 21 E, Midway, TX 75852

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