TX > Victoria > Thurmond
Victoria, TX 77901,1403 N Navarro ST
Victoria, TX 77901,1403 N Navarro ST
Victoria, TX 77901,1403 N Navarro ST
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$4,000,000
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0.44 Acres Lot
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1403 N Navarro ST Victoria, TX 77901

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YourWayHome Team

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UPDATED:

11/16/2024 08:25 PM

Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

Subdivision Thurmond

MLS Listing ID 9856350

Annual Tax Amount $8,297

Tax Year 2024

Lot Size 0.441 Acres

Acres 0.4414

Property 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 (3 parcels 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 and financing details.

Location

State TX

County Victoria

Building

Lot Description Corner, Other

Lot Size Range 1/4 Up to 1/2 Acre

Sewer Public Sewer

Water Public Water

Schools

Elementary Schools Hopkins Elementary School (Victoria)

Middle Schools Patti Welder Magnet Middle School

High Schools Victoria West High School

School District 191 - Victoria

Others

Senior Community No

Restrictions No Restrictions

Tax ID 62316

Acceptable Financing Cash Sale, Conventional, Owner Financing

Tax Rate 1.8895

Disclosures Sellers Disclosure

Listing Terms Cash Sale, Conventional, Owner Financing

Financing Cash Sale,Conventional,Owner Financing

Special Listing Condition Sellers Disclosure

Houston Association of Realtors (HAR MLS)
Listed by Re/Max Property Group

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1403 N Navarro ST