Thurmond 1403 Navarro

1403 Navarro

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-Thurmond

Address:
1403 Navarro
77901

Price Per SQFT:

Price:
$3,450,000

Thurmond Ramsey's Restaurant is an American diner established in 1948 in the heart of Victoria. Sale includes the entire restaurant business and real estate (totaling 0.88 ac). Ramsey's can be run fully absentee. The restaurant is strategically located on Navarro St (35,000 VPD) and across from DeTar Healthcare System -- a major regional hospital. Ramsey's consistently earns multi seven-figure revenue figures and significant net income. Recent capital improvements include new plumbing to replace cast iron with PVC, remodeled kitchen, re-striped parking lot, some paint work, a roof & walk-in cooler/freezer within last 5 yrs. Note: A third, contiguous 0.24 parcel on Wheeler St also available for sale; it has a 3 bed/2 bath house with tenant in-place. As the needs of the restaurant grow, the new owner can take advantage of the additional land area. Please call for more information. THURMOND, BLOCK 6 S 34.9' OF, LOT 5 & 6 & 5' ALLEY Directions: Head southeast on US-59 Business toward N Navarro St. Turn left onto N Navarro St. Continue on N Navarro St. for approximately 0.5 miles. Ramsey's Restaurant will be on your right. VICTORIA County. Courtesy: The Agency Austin, LLC MLS # 98892016