Asking Price: $549,500

PROPERTY DESCRIPTION

Incredible opportunity to step into the ownership of not one but TWO newly renovated historic buildings in Downtown Blanket, TX! The Pearl Cactus is a gorgeous High-End Western Themed Steak House and Bar with indoor seating for up to 76 customers. Built-in 1901 and renovated in 2023, the careful planning of this unique business features an electric double-sided fireplace. On one side you will find well-spaced tables and chairs. On the other side is a beautiful 22’ metal bar with a granite countertop and comfortable swivel barstools. Outside customers are greeted with a stunningly landscaped patio and beer garden with a firepit and water feature. Across the street from The Pearl Cactus, you will find the Old Trading Post & Service Station originally built in 1893. This business is a 2,880 Sf old-fashioned Soda Shop featuring unique gifts, candy, and ice cream. If you have been looking for an opportunity to enter the world of restaurant ownership now is your chance to acquire two popular and thriving businesses.


PROPERTY DETAILS

Property Type: Retail
Investment Type: Owner/User
Net Rentable (sq ft): 3,283
Year Built: 1901
Buildings: 2
Zoning: Commercial

Subtype: Bar, Restaurant, Storefront
Square Footage: 3,283
Price/Sq Ft: $167.38
Year Renovated: 2023
Stories: 1
APN: 48617


INVESTMENT HIGHLIGHTS

  • Serving window from indoor bar to outdoor patio
  • Walk-in Cooler
  • Security System
  • Newly Renovated Building
  • Corner Lot
  • Fireplace
  • Wheelchair Accessible
  • Air Conditioning

MAP VIEW

700 Main St, Blanket, TX 764