$4,000,000
For Sale

1403 N Navarro Street

Victoria, TX 77901
Browse 39 photos
Type:Purchase
Structure:Land
Zone:Residential

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.

  • Property Details
      • Utility FeaturesNatural Gas Available, Cable Available, Electricity Available
      • Lot DescriptionCorner Lot, Other, 1/4 Up to 1/2 Acre
      • Elementary SchoolHOPKINS ELEMENTARY SCHOOL (VICTORIA)
      • Middle SchoolPatti Welder Magnet Middle School
      • High SchoolVICTORIA WEST HIGH SCHOOL
      • School District191 - Victoria
      • Sewer InformationPublic Sewer
      • Property TypePurchase
      • SubdivisionThurmond
      • CountyVictoria
      • MLS #9856350
      • Cost4000000
      • MLS #9856350
      • Acres0.4414
      • Utility SourcePublic
      • Taxes Annual$8,297
      • Property SubtypeLots

Location

Optima RealtyReal Estate Group
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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