1403 N Navarro Street

Victoria, TX 77901
$4,000,000

Description

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.

  • Property Details
      • Lot description:Corner Lot, Other, 1/4 Up to 1/2 Acre
      • Acres:0.4414
      • Property type:Purchase
      • Sewer information:Public Sewer
      • Utility source:Public
      • Utility features:Natural Gas Available, Cable Available, Electricity Available
      • Subdivision:Thurmond
      • School district:191 - Victoria
      • Elementary School:HOPKINS ELEMENTARY SCHOOL (VICTORIA)
      • Middle School:Patti Welder Magnet Middle School
      • High School:VICTORIA WEST HIGH SCHOOL
      • County:Victoria
      • Taxes annual:$8, 297
      • MLS #:9856350
      • Cost:4000000
      • Property subtype:Lots
      • MLS #:9856350

Location

Courtney WilleyReal Estate Group
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years

Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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