1403 N Navarro St, Victoria, TX 77901

$2,300,000

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List Price
$2,300,000
Status
ACTIVE
MLS#
98892016
Price Change
▼ $200,000 1781596715
Days on Market
449
Lot Size
19,228
Lot Size Source
Appraiser
Subdivision
Thurmond
Region
66
County
Victoria

Property Description

Ramsey's Restaurant is an American diner established in 1948 in the heart of Victoria. Sale includes the entire restaurant business and real estate (totaling 0.88 ac). Ramsey's can be run fully absentee. The restaurant is strategically located on Navarro St (35,000 VPD) and across from DeTar Healthcare System -- a major regional hospital. Ramsey's consistently earns multi seven-figure revenue figures and significant net income. Recent capital improvements include new plumbing to replace cast iron with PVC, remodeled kitchen, re-striped parking lot, some paint work, a roof & walk-in cooler/freezer within last 5 yrs. Note: A third, contiguous 0.24 parcel on Wheeler St also available for sale; it has a 3 bed/2 bath house with tenant in-place. As the needs of the restaurant grow, the new owner can take advantage of the additional land area. Please call for more information.

Additional Information

Finance Available
Cash, Conventional, Owner May Carry
Taxes
$8,297
Utilities
Cable Available, Electricity Available, Natural Gas Available, Phone Available
Lot Description
Corner Lot, Other
School District
Victoria
Elementary School
Hopkins Elementary School (Victoria)
Middle School
Patti Welder Magnet Middle School
High School
Victoria West High School

Mortgage Calculator

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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of The Agency Austin, LLC.