307 N Rockwall Avenue

Terrell, TX 75160
$649,999

Description

**Two-for-One Income Property Opportunity!** Be prepared to be amazed by this unique income-producing property that combines an established snack bar business with a charming upstairs apartment! This is an exceptional opportunity for the savvy entrepreneur looking to invest in a thriving business with future growth potential. **Property Highlights:** - **Botanas Snack Bar Business**: Currently operational, this stylish snack bar offers a vibrant atmosphere and comes fully equipped with all necessary kitchen equipment. The menu has room for expansion with the addition of tacos, pizza, burgers, and more. The kitchen is well-designed, featuring plumbing for a grease trap and an outdoor exhaust fan for optimal ventilation, enhancing the ability to broaden your culinary offerings. - **Upstairs Apartment**: The property includes a spacious 1,064 sq. ft. fully furnished one-bedroom, one-and-a-half-bath apartment. This loft-style living area boasts a nice-sized living space, as an additional income source through rentals, including options for Airbnb hosting. With its separate entrance and fenced backyard, it offers privacy and convenience. - **Versatile Usage**: The apartment can easily be repurposed for other business ventures,such as a coffee shop, bakery, or as a living space that offsets costs for the current snack bar operation. Its proximity to a grocery store and meat market makes it even more appealing for both residents and customers. - **Comprehensive Sale**: The entire property, including the operating snack bar and all its contents—furniture, kitchen equipment, and current inventory—will be sold together as one complete package. - **Prime Location**: Situated in a vibrant area, the property benefits from foot traffic and community engagement, enhancing its potential for high revenue and growth opportunities.
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  • Property Details
      • Stories:2
      • Acres:0.0000
      • Property type:Purchase
      • Year built:1946
      • Foundation:Slab
      • Utility features:City Sewer, City Water
      • Subdivision:Western
      • County:Kaufman
      • MLS #:20774826
      • Cost:649999
      • Property subtype:Business
      • MLS #:20774826

Location

Phil HillReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

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2.6%
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annually
$
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.

Estimated Monthly Payment
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Loan Amount
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