480 Grapevine Highway, Hurst, TX 76054 | 20480897 | Allie Beth Allman & Associates

Reload the page to update with the latest MLS information available.

Reload the page to update with the latest MLS information available.

Reload the page to update with the latest MLS information available.

Listing provided courtesy of Keller Williams Realty-FM - MLS#20480897MLS Provider

480 Grapevine HighwayHurst, TX 76054

Commercial · 3,291 Sq. ft. | 0.64 Acres

$1,499,000 Pending

Overview

Time on Site:
89 days
Visits:
0

Location, location, location! Welcome to an exceptional opportunity to own a fully-equipped second-generation barbecue restaurant, formerly known as Soulman's BBQ. Situated in a prime location with a daily traffic count exceeding 22,000 vehicles, this establishment is strategically positioned to capture the attention of hungry patrons. The restaurant comes complete with a state-of-the-art kitchen, featuring top-of-the-line equipment and fixtures. This turnkey operation is ready for a new owner to step in and continue providing high quality services. The property boasts a convenient drive-through with two well placed entrances from the surrounding streets. Neighboring large national tenants such as McDonald Sprout Chickfilet and so many others. This restaurant enjoys maximum visibility. With two entrances from both roads, accessibility is optimized, making it a go-to destination for locals and passersby alike.

View Map

Facts & Features

  • Type Commercial
  • Sq. ft. 3,291
  • Price/Sq.ft. $455
  • Lot 0.64 Acres

General

Income/Expenses
  • Net Operating Income: 0
Building Information
  • Year Built: 1990
  • Year Built Details: Preowned
Business Information
  • Business Type: Fast Food, Food & Beverage, Franchise, Restaurant, Retail
Location/Region
  • Country: United States
  • County Or Parish: Tarrant
  • Subdivision Name: Norwood North
Rent/Lease Information
  • Tenant Pays: All Utilities, Electricity, Exterior Maintenance, Gas, Insurance, Management, Repairs, Roof, Security, Sewer, Taxes, Trash Collection, Water
General Information
  • Building Use: Bar/Taverns, Food Service, Restaurant, Retail
  • Inclusions: Furniture, Inventory, Land & Improvements
  • Multi Zoning YN: No
  • Municipal Utility District: No
  • Parcel Number: 06620868
  • Property Sub Type: Retail
  • Property Type: Commercial Sale
  • Second Mortgage: No
  • Senior Community: No
  • Special Listing Conditions: Standard

Interior

Building Information
  • Accessibility Features YN: Yes
  • SQFT Gross: 3291
Building Interior
  • Building Area Source: Public Records
  • Building Area Total: 3291.00
  • Ceiling Height: 8 to10 Feet, 15 to 20 Feet, Suspended
General Information
  • Cooling: Central Air
  • Flooring: Ceramic Tile, Other
  • Foundation Details: Slab
  • Heating: Central
  • Leasable Area: 3291.00
  • Security Features: Fire Alarm, Fire Sprinkler System, Security Lights, Security System, Smoke Detector(s)
  • Stories Total: 1

Exterior

Parking Information
  • Parking Features: Additional Parking, Assigned, Common, Concrete, Drive Through, Open, Parking Lot
Lot Information
  • Lot Size: .5 to < 1 Acre
  • Lot Size Acres: 0.6400
  • Lot Size Area: 0.6400
  • Lot Size Source: Public Records
  • Lot Size Square Feet: 27878.4000
  • Lot Size Units: Acres
Building Exterior/Construction
  • Construction Materials: Brick
  • Construction Materials Walls: Brick, Cement Block, Paneling
  • Roof: Tar/Gravel
General Information
  • Number Of Units Total: 1
  • Road Frontage Type: City Street, Curbs/Gutters, Sidewalk
  • Utilities: City Sewer, City Water, Concrete, Electricity Available, Electricity Connected, Natural Gas Available

Monthly Cost

$
$ %
%
$
$
* Assumes 7.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.

Market Data

Based on the last 30 days in this zip code

$478,926
Median Sales Price
$209
Median Price per Square Foot
60
Properties Sold
15
New on Market
58
Average Days on Market
32
Properties for Sale
Calculations provided by Reliance Network

History

Date Event Value Agent
2/15/2024Source: North Texas MLS Status Change
Pending
1/16/2024Source: North Texas MLS Status Change
Active Option Contract
11/22/2023Source: North Texas MLS Added to Database
November 22, 2023