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4009 Olton Rd, Plainview, TX 79072

$1,200,000
Property Type: Commercial Baths: 2 Lot Size (sq. ft.): 44,867 Status: Closed
Current Price: $1,500,000 List Date: 10/20/2023 Last Modified: 2/11/2025

Description

Red, Orange, Yellow, Green, Blue, Purple - all the colors of festive is what will catch your eye as you walk into this amazing restaurant! Formerly a Tex-Mex restaurant and tortilla factory, this building is located in a prime, high-traffic location on Hwy. 70/Olton Rd. and just a half block west of I-27. Everything you see when you walk in from the tables, booths, chairs, signage, and all the amazing multi-colored ceramic wall hangings and swinging parrots in the dining area will be part of the sale. Also included is all the equipment and appliances in the kitchen and prep areas, as well as, dishes, glassware, utensils, check-out computer systems, fountain machines, tortilla making equipment. Built in 1997, this stucco building with concrete flooring is solid. (See Supplement for more)

Supplements: This is a perfect building for a restaurant or many other uses. This building was 90% gutted and magnificently redone with high-dollar with top of the line materials and equipment before Dos Jefes Mexican Restaurant was opened in March of 2019. This building was beautifully decorated with the owners sparing no expense. Kitchen is all stainless steel. A long driveway, complete with menu board and speaker, leads to the service drive-up window. Beautiful landscaping surrounding the building is very welcoming. There are 2600 sq. ft. of paved concrete parking. All chairs, tables, benches, statues, beer signs, all kitchen equipment, light fixtures, walk-in climate controlled freezer, decorations, pots, pans, cashier registers, order screens, to be exact - everything that is in the building now stays with the sale of the property. There is a HVAC unit and capacity seating of 136. This great location is just a couple blocks away from hotels. Thousands of vehicles drive by this location seven days a week on their way to the Walmart Supercenter. Located one block west of I-27 and on Hwy. 70. This is the highest traffic area in Plainview, Texas! All licensed Texas Realtors are welcome to show this property!

More Information MLS# 23-259

Contract Information

Current Price: $1,200,000 Begin Date: 2023-10-20 List Price: $1,500,000

Property Information

Realtor.COM Type: Commercial Year Built: 1997 Total Bathrooms: 2 Total Rooms: 3 Number of Buildings: 1 Occupied: No Garage Remarks: None Parking: Paved Floors: 1 Total SqFt: 4527 Lot Size: 44954 sq. ft. Acres: 1.03 Flood Plain: No

Location Taxes and Legal

House #: 4009 Street Name: Olton Street Sfx: Rd State/Province: TX Postal Code: 79072 County: Hale Taxes: 19503 Legal: Westridge Plainview, Unit 2, Lot 2

Status Change Info

Status: Closed Under Contract Date: 2023-11-07 Sold Date: 2024-02-13 Transaction Type: Conventional

Lease Info

Currently Leased: No

Construction

Exterior: Stucco Foundation: Slab Roof: Flat

Property Features

Road Frontage: Interstate; Major Artery; US Highway Possession: At Closing Miscellaneous: Landscaped
Listing Office: Billington Real Estate
Last Updated: February - 11 - 2025
Information deemed reliable but not guaranteed.