Address
701 N Crossroads, Leonard, TX
Price
$ 750,000
Property Attributes
- MLS#20348244
- TypeCommercial
- CountyFANNIN
- CityLeonard
- NeighborhoodHomer Evans Add
- Zip75452
- StyleBusiness
- Year Built1983
- Taxes$ 6380
- Price$ 750,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size0.394 Acres
Data Source:
North Texas Real Estate Info Systems (NTREIS)
Property Description
Located at the hard corner of U.S. 69 and Hwy 78, just 1 hr to Dallas, and 20 min to Greenville, this property is perfect for your investment. Currently being utilized as the popular Lea's Restaurant & Sports Grill, locally owned & operated for the past 38 years. Property offers a unique opportunity for owner occupancy or investors looking for rental income. The front rooms have a warm & inviting atmosphere, with spacious dining area & sports bar. The kitchen is fully equipped with stainless commercial kitchen appliances and ample space for food preparation and storage. This is perfect for anyone looking to expand in the restaurant industry with an established location, utilize for an event venue, retail, or hospitality. With its prime location, loyal customer base, & fully-equipped kitchen, this restaurant is a turnkey ready for a new owner to take over & continue its success OR bring your own ideas & creativity. Commercial-General Zoning provides flexibility for all of your needs.
| Price History | |
|---|---|
| 6/23/2023 | Listed $850,000 |
| 2/15/2024 | 12% - $750,000 |
General Features
| Heating | Central |
|---|---|
| Cooling | Central Air |
| Utilities | Asphalt,City Sewer,City Water |
| Ceiling Height | 8 to10 Feet,11 to 14 Feet |
| Possession | Closing/Funding,Negotiable |
| Roof | Composition,Metal |
| Year Built | 1983 |
| Tenant Pays | All Utilities,Other |
| Business Type | Bar/Tavern/Lounge,Restaurant |
| Unexempt Taxes | 6380 |
| Building Use | Bar/Taverns,Restaurant |
| Owner Pays | All Utilities |
| Will Subdivide | No |
| Gross Annual Expenses | 0.00 |
| Property SubType | Business |
| Subdivision Name | Homer Evans Add |
| Zoning Description | Commercial - General |
| Occupant Type | Owner |
| Occupant Name | Of Record |
| County | Fannin |
| Property Type | Commercial Sale |
| Security Features | Burglar,Security System |
| Construction Materials | Siding,Stone Veneer,Stucco |
| Year Built Details | Preowned |
| Special Notes | Aerial Photo |
| Status | Active |
| Directions | From Greenville,head north on Hwy 69 for approx 18 miles,turn left onto N Crossroads,property on left. |
| City | Leonard |
| Buyer Agent Compensation | 3 |
| Street Name | Crossroads |
| Virtual Tour URL Unbranded | https://www.propertypanorama.com/instaview/ntreis/20348244 |
| Standard Status | Active |
| Buyer Agent Compensation Type | % |
Interior Features
| Flooring | Ceramic Tile |
|---|---|
| Total Stories | 1 |
| Total Units | 1 |
| SQFT Gross | 4755 |
| Lock Box Type | Combo |
Exterior Features
| Lot Features | Other |
|---|---|
| Lot Size Source | Public Records |
| Parking Features | Asphalt |
| Lot Size | Less Than .5 Acre (not Zero) |
| Foundation | Slab |
| Lot Size Area | 0.3940 |
| Lot Size Units | Acres |
| Building Area Total | 4755.00 |
| Road Frontage Type | FM Road,Highway,Interstate |
| Lot Size Square Feet | 17162.6400 |
| Lot Size Acres | 0.3940 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in 75452
Price
Taxes
Visits
Year Built
Walkscore
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