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700 Main St

3,283 SF Retail Building Blanket, TX 76432 £429,956 (£131/SF)

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Investment Highlights

Serving window from indoor bar to outdoor patio
Walk-in Cooler

Security System
Newly Renovated Building

Executive Summary

All fixtures, furniture, & inventory convey with sale.

Property Facts

Sale Type

Investment or Owner User

Sale Condition

Business Value Included

Property Type

Retail

Property Subtype

Restaurant

Building Size

3,283 SF

Building Class

Year Built/Renovated

1901/2023

Price

£429,956

Price Per SF

£131

Tenancy

Single

Number of Floors

Building FAR

0.55

Land Acres

0.14 AC

Parking

8 Spaces (2.44 Spaces per 1,000 SF Leased)

Amenities

Corner Lot
Fireplace

Restaurant
Security System

Signage
Wheelchair Accessible

Accent Lighting
Air Conditioning

About 700 Main St , Blanket, TX 76432

Incredible opportunity to step into the ownership of not one but TWO newly renovated historic buildings in Downtown Blanket, TX! The Pearl Cactus is a gorgeous High End Western Themed Steak House and Bar with indoor seating for up to 76 customers. Built in 1901 and renovated in 2023, the careful planning of this unique business features an electric double-sided fireplace. On one side you will find well-spaced tables and chairs. On the other side is a beautiful 22’ metal bar with a granite countertop and comfortable swivel barstools. Outside customers are greeted with a stunningly landscaped patio and beer garden with a firepit and water feature. Across the street from The Pearl Cactus you will find the Old Trading Post & Service Station originally built in 1893. This business is a 2,880 Sf old-fashioned Soda Shop featuring unique gifts, candy, and ice cream. The owner will consider selling The Pearl Cactus without the Old Trading Post & Service Station for $449,500, but will not sell the Old Trading Post & Service Station without the Pearl Cactus. If you have been looking for an opportunity to enter the world of restaurant ownership now is your chance to acquire two popular and thriving businesses.

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