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Investment Highlights

  • Estatablished Mexican Restaurant with a loyal customer base.
  • Prime Location. High Traffic location!
  • Turn-Key Ready

Executive Summary

Situated in a high-traffic corridor of Port Lavaca, this 3,286-square-foot property represents a unique opportunity to acquire a fully operational Mexican restaurant complete with all necessary business components. The sale includes both real estate and the ongoing business operation, providing new ownership with immediate cash flow and a turnkey transition. Its prime location and established customer base make it an attractive option for restaurateurs or investors seeking a reliable income-generating asset.
The property features a single-story structure with prominent street frontage and signage on North Virginia Street for excellent visibility. On-site parking accommodates 11 vehicles, ensuring guest convenience. Additionally, an adjacent secondary building is included—partially built out and suitable for office space, storage, or expansion, allowing buyers to explore new business uses or increase restaurant capacity.
Located within an active commercial hub and easily accessible from main city routes, the property benefits from steady local demand and a favorable business environment. Whether continuing the successful dining operation or adapting the versatile footprint to another concept, this asset offers exceptional potential in one of the Gulf Coast’s vibrant coastal communities.

Property Facts

Sale Type
Investment
Sale Condition
Business Value Included
Property Type
Retail
Property Subtype
Restaurant
Building Size
3,286 SF
Building Class
C
Year Built
1963
Price
$669,970 CAD
Price Per SF
$203.89 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.26
Lot Size
0.29 AC
Zoning
None - No zoning - unrestricted
Parking
11 Spaces (3.35 Spaces per 1,000 SF Leased)
Frontage
111’ on North Virginia Street

Amenities

  • Signage

About 421 N VIRGINIA ST , PORT LAVACA, TX 77979

Turnkey Mexican Restaurant + Additional Building – Prime Location! Seize this incredible opportunity to own a well-established Mexican restaurant with a loyal customer base in a high-traffic area. This fully operational business is move-in ready, with necessary equipment included, ensuring a smooth transition for a new owner. Ample parking provides convenience for guests, while the restaurant’s reputation keeps them coming back. Included in the sale is a second building next door—partially built out and perfect for office space, storage, or expansion. The possibilities are endless! Whether you continue the thriving restaurant business or explore new ventures, this location offers limitless potential. Don’t miss out—schedule a tour today!

Fairly walkable
50/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100

Nearby Major Retailers

United Rentals-equipment & Tool Rentals
Woodforest Bank
H-E-B
First Convenience Bank

Property Taxes

Property Taxes

Parcel Number
22936
Land Assessment
$28,292 CAD
Improvements Assessment
$209,924 CAD
Total Assessment
$238,216 CAD
  • Listing ID: 34776424

  • Date on Market: 2025-02-10

  • Last Updated:

  • Address: 421 N Virginia St, Port Lavaca, TX 77979

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