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Richland Hills, TX 76180
$989,000

About this home

Perfect for an aspiring restaurant owner, or someone looking to expand their locations. Exceptional opportunity to acquire a fully operational, turnkey restaurant and bar in the heart of Richland Hills. Located on highly traveled Glenview Drive near the intersection of TX-26 Grapevine Highway, this freestanding commercial property offers outstanding visibility, easy access, and ample on-site parking.

Originally a residential property, the site has been successfully rezoned for commercial use and is currently operating as a popular African-Caribbean restaurant and bar. The sale includes the real estate, building, business, furniture, fixtures, equipment (FF&E), inventory, and improvements, providing a rare opportunity for an owner-operator or investor to step into an established operation from day one.

Situated on approximately 0.39 acres, the property features indoor dining, bar area, outdoor seating, a family-friendly outdoor gathering space, storage areas, and additional rear parking.

Strong value-add opportunity: continue the existing successful concept, reposition to a higher-performing franchise or regional brand, or convert to a sports bar, fast-casual concept, brewpub, or mixed-use food and beverage destination. The property’s zoning, location, and improvements significantly reduce time-to-market for new operators.

Ample on-site parking supports high-volume service, private events, and peak-hour demand. Infrastructure is already in place for food service operations, minimizing startup costs and operational delays for new ownership.

Opportunities of this caliber combining real estate ownership, established restaurant infrastructure, and a turnkey operating business on a high-visibility commercial corridor are rare in the Richland Hills market.

Overview

Full Baths
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Half Baths
0
Bathrooms
0
Bedrooms
0
Building Area
3104
Living Area
0
Lot Size (Acres)
0.39
Property Subtype
Business
Property Type
Commercial Sale
Status
Active
Year Built
1955

Interior

Cooling
Central Air, Ceiling Fan(s)
Fireplaces
0
Flooring
Ceramic Tile, Engineered Hardwood
Heating
Central, Electric

Exterior & Construction

Construction
Brick
Foundation
Slab
Roof
Composition, Shingle

Parking

Covered Parking
0
Garage Spaces
0

Location & Area

City
Richland Hills
County
Tarrant
ZIP Code
76180
State
TX
Subdivision
Richland Hills Add

Financial

Price
989000

Utilities

Sewer
Public Sewer
Utilities
Cable Available, Natural Gas Available, Sewer Available, Separate Meters, Water Available

Listing Details

Listing Agent
Israel Varela
Listing Office
LPT Realty, LLC
MLS #
21304907
Virtual Tour
https://www.propertypanorama.com/instaview/ntreis/21304907

Listing agents

Listing AgentIsrael VarelaLPT Realty, LLC

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