7224 Glenview Dr, Richland Hills, TX 76180

$989,000

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List Price
$989,000
Status
ACTIVE
Price Change
▼ $211,000 1788295324
MLS#
21304907
Subtype
CommercialSale
Construction Status
Preowned
Year Built
1955
Lot Size
16,988
Acres
0.39
Subdivision
Richland Hills Add

Property Description

Perfect for an aspiring restaurant owner, or someone looking to expand their locations. Exceptional opportunity to acquire a fully operational, turnkey restaurant and bar in the heart of Richland Hills. Located on highly traveled Glenview Drive near the intersection of TX-26 Grapevine Highway, this freestanding commercial property offers outstanding visibility, easy access, and ample on-site parking. Originally a residential property, the site has been successfully rezoned for commercial use and is currently operating as a popular African-Caribbean restaurant and bar. The sale includes the real estate, building, business, furniture, fixtures, equipment (FF&E), inventory, and improvements, providing a rare opportunity for an owner-operator or investor to step into an established operation from day one. Situated on approximately 0.39 acres, the property features indoor dining, bar area, outdoor seating, a family-friendly outdoor gathering space, storage areas, and additional rear parking. Strong value-add opportunity: continue the existing successful concept, reposition to a higher-performing franchise or regional brand, or convert to a sports bar, fast-casual concept, brewpub, or mixed-use food and beverage destination. The property’s zoning, location, and improvements significantly reduce time-to-market for new operators. Ample on-site parking supports high-volume service, private events, and peak-hour demand. Infrastructure is already in place for food service operations, minimizing startup costs and operational delays for new ownership. Opportunities of this caliber combining real estate ownership, established restaurant infrastructure, and a turnkey operating business on a high-visibility commercial corridor are rare in the Richland Hills market.

Additional Information

Taxes
$7,650
Flooring
Tile, Hardwood
Heating
Central, Electric
Air Conditioning
Central Air, Ceiling Fan(s)
Roof
Composition, Shingle
Foundation
Slab
Parking Features
Additional Parking, Other, Paved, Parking Lot

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Calculator source: Real Geeks

Listing courtesy of Israel Varela from LPT Realty, LLC. Contact: 469.573.3298,469.573.3298

Listings provided by North Texas Real Estate Information Systems (NTREIS). Listing data has been deemed reliable but is not guaranteed to be accurate by the MLS.

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