The Bar-B-Que Hut

$1,994,500
Available
Whitley Fisher 31692 Old Hempstead Rd Magnolia Dji 20260226110339 0141 D
Whitley Fisher 31692 Old Hempstead Rd Magnolia Dji 20260226110329 0136 D
Whitley Fisher 31692 Old Hempstead Rd Magnolia Dji 20260226110240 0128 D

Property Details

ID: 100483
Status: Available
Price: $1,994,500
Acres: 2.49
Type: Commercial, Business Opportunity
Address: 31608 Old Hempstead
City, State: Magnolia, Texas
County: Montgomery
Zip Code: 77355

Description

An incredible opportunity to purchase a rich piece of Magnolia. With road frontage on FM 1488 and Old Hempstead Road, this nearly 2.5 acres is a great location for commercial use. The opportunities are endless in this booming spot. Seller is willing to owner finance. 

Investment highlights

  • Total 2,624 square foot building - currently used for a BBQ restaurant

  • Interior building includes a cooking area, restroom, and office space.

  • All personal property in restaurant will be removed except for the large pit.

  • 1,800 square foot home - 3 bedroom, 2 bathroom. Built in 1980.

  • Frontage on FM 1488 & Old Hempstead Road. Approximately 80 foot of frontage on FM 1488 and 170 foot of frontage on Old Hempstead.

  • Aerobic septic systems for both restaurant and home.

  • City water in place for both structures.

Directions:

From Magnolia, take FM 1488 and head south. Turn right onto Old Hempstead Road. In 300 feet, the house will be on your right. The restaurant will be in the next driveway. 

Additional Details

Home Details

Sq Ft: 2624
Year Built: 2000

Additional Info

Utilities: Electricity Connected, Sewer Connected, Water Connected
Current Use: Commercial, Retail, Single Family
Possible Use: Commercial, Development, Investment, Mixed Use, Single Family

Financial

Listing Terms: Cash, Conventional, Owner May Carry
Legal Description:

A0601 WICKSON CYRUS, TRACT 3-A, ACRES 1.000, A0601 WICKSON CYRUS, TRACT 3-B, 3-C, ACRES 1.497

 
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