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Investment Highlights

  • Prime Location
  • Surrounded by bustling new developments
  • Versatile Property with Endless Opportunities!

Executive Summary

Opportunity for Investors! Seller is Motivated and price is negotiable. Located on 1.67 acres in the rapidly evolving East Side of Tyler, this property presents an unparalleled opportunity for business owners or investors looking to capitalize on growth in the area. With 440 feet of road frontage and convenient access to the nearby East Loop 323, a hotspot for development, this location is primed for success. For over 50 years, this iconic restaurant served as a community landmark, renowned for its authentic Mexican cuisine and cherished by locals. The cinder block building, complete with terrazzo-finished floors, embodies the charm and character of its rich history, offering a rare chance to restore and revitalize a piece of Tyler’s heritage. While the building requires repairs, cleaning, and restoration, its potential is undeniable. Surrounded nearby bustling new developments, including fast-food chains, shopping centers, and other modern amenities along East Loop 323, this area is experiencing a surge of economic activity. Whether you’re dreaming of breathing new life into the original restaurant concept or launching an entirely fresh business venture, this property offers a strategic location with endless possibilities. The price is negotiable, making this an exceptional investment opportunity to secure your place in Tyler’s thriving future.

Property Facts

Price $451,939 CAD
Price Per SF $83.14 CAD
Sale Type Investment or Owner User
Property Type Flex
Property Subtype
Light Distribution
  • General Retail Restaurant
  • Industrial Distribution
  • OfficeLoft Creative Space
Building Class C
Lot Size 1.60 AC
Rentable Building Area 5,436 SF
No. Stories 1
Year Built 1952
Parking Ratio 5.52/1,000 SF
Zoning F1 - Commercial
Fairly walkable
40/100
Very drivable
80/100
Somewhat bikeable
20/100

Property Taxes

Property Taxes

Parcel Number
1-50000-0917-00-003000
Land Assessment
$162,475 CAD
Improvements Assessment
$304,255 CAD
Total Assessment
$466,730 CAD
  • Listing ID: 35203383

  • Date on Market: 2025-03-20

  • Last Updated:

  • Address: 2512 E Erwin St, Tyler, TX 75701

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