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111-113 S Lamar St 10,300 SF 3% Leased Retail Building Eastland, TX 76448 $1,449,913 CAD ($140.77 CAD/SF) 5.71% Cap Rate
Investment Highlights
- Fully renovated historic brick building with modern upgrades completed in 2021.
- Exclusive branding package and restaurant marketing campaign included with sale.
- Located on the west side of Courthouse Square, with easy access to I-20 and major Eastland amenities.
- Ground floor restaurant features turnkey setup with commercial kitchen and cafe entrance.
- Four executive residential units on the second floor with a private entrance.
- Energy-efficient utilities, LED lighting, and recently replaced roof for improved operational savings.
Executive Summary
The second floor introduces four executive residential apartments with a separate entrance, offering additional income potential or owner-occupant flexibility. Each suite has been thoughtfully designed with high-end finishes, energy-efficient appliances, and updated plumbing and electric systems. Transferable branding and an active marketing campaign for the restaurant concept are available, adding immediate value to operators or investors planning a seamless transition.
Strategically positioned just one mile from Interstate 20 and within walking distance to local businesses, this property leverages Eastland’s vibrant downtown atmosphere. This dual-use asset is ideal for buyers seeking both commercial utility and residential upside in a growing Texas market.
Property Facts
Amenities
- Fireplace
- Restaurant
- Tenant Controlled HVAC
- Air Conditioning
Space Availability
- Space
- Size
- Space Use
- Position
- Available
Discover a fully renovated, historic property located on the west side of Eastland’s Courthouse Square. This 5,000-square-foot space blends modern efficiency with authentic character, making it a turnkey option for restaurant or bar operators. Featuring two separate entrances, a custom-built bar, and a full-service culinary kitchen with catering capacity, the space is professionally designed with upscale finishes, energy-efficient utilities, and LED lighting. Amenities include an outdoor seating area with a gas fire feature, a professionally curated interior décor, 3 high-efficiency HVAC systems, and comprehensive restaurant technology such as POS systems and established branding. Positioned just one mile from Interstate 20, the property offers convenient regional access and strong visibility. With Palo Pinto Mountain State Park set to attract thousands of visitors annually starting in 2025, this location provides exceptional long-term value for hospitality and dining concepts.
| Space | Size | Space Use | Position | Available |
| 1st Floor | 5,000 SF | Restaurant | - | Now |
1st Floor
| Size |
| 5,000 SF |
| Space Use |
| Restaurant |
| Position |
| - |
| Available |
| Now |
1st Floor
| Size | 5,000 SF |
| Space Use | Restaurant |
| Position | - |
| Available | Now |
Discover a fully renovated, historic property located on the west side of Eastland’s Courthouse Square. This 5,000-square-foot space blends modern efficiency with authentic character, making it a turnkey option for restaurant or bar operators. Featuring two separate entrances, a custom-built bar, and a full-service culinary kitchen with catering capacity, the space is professionally designed with upscale finishes, energy-efficient utilities, and LED lighting. Amenities include an outdoor seating area with a gas fire feature, a professionally curated interior décor, 3 high-efficiency HVAC systems, and comprehensive restaurant technology such as POS systems and established branding. Positioned just one mile from Interstate 20, the property offers convenient regional access and strong visibility. With Palo Pinto Mountain State Park set to attract thousands of visitors annually starting in 2025, this location provides exceptional long-term value for hospitality and dining concepts.
Nearby Major Retailers
Property Taxes
| Parcel Number | 12033 | Improvements Assessment | $1,015,078 CAD |
| Land Assessment | $10,357 CAD | Total Assessment | $1,025,434 CAD |
Property Taxes
Presented by
111-113 S Lamar St
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