111 E Dempsey St 3,392 SF 100% Leased Retail Building Bryson, TX 76427 $389,462 CAD ($114.82 CAD/SF)

The building was completely renovated both inside and out in the last few years with a fully operational restaurant downstairs. Renovations included, but not limited to, new exterior siding/finish, new roofs, new bathrooms, new flooring and a new $150,000 commercial kitchen with all new equipment. Total space is about 3200 sq ft, with about 2000 sq ft downstairs and about 1200 sq ft upstairs. The downstairs includes the commercial kitchen, a refrigeration (large refrigerator and freezer) and dry goods storage, two bathrooms (one ADA wheelchair accessible), and four dining areas. The dining includes the main dining with a buffet service area, a secondary dining which has both table and bar seating, a café dining with a service counter directly accessible from the kitchen which can also service the main dining, and a game room dining with bar seating. The downstairs also has the original Mosler walk-in bank vault. Mosler vaults became famous when a vault in Hiroshima was one of the only things still intact after the atomic bomb blast. Mosler was also the original vault at Fort Knox. The concrete foundation has been extended off the rear of the kitchen to add a service area for back yard patio dining and/or exterior food pickup. The upstairs has a roughed-in bathroom and a main electrical panel. With plumbing and electrical already brought in, this area could be built out for living or built out as a bar/entertainment area to compliment the restaurant. The restaurant had good traffic being right on Hwy 380 and good patronage from Graham, Jacksboro and surrounding communities. This is a perfect setup for a buyer that may want to live above and run a restaurant below.
Asking price is $279,000 and includes all the gas equipment (range/oven, griddle, grill/charbroiler, and fryer) and the large refrigerator and freezer leaving a fully operational commercial kitchen. Smaller equipment, furniture, etc. would be removed. For $329,000 buyer would receive everything including the Toast POS system and have a ready to go restaurant. Open to negotiate between these two scenarios. Prefer Sale, but Lease would be entertained, $2000-$2500/mo NNN.