4009 Olton Road, Plainview, TX 79072
$1,500,000
Property Type:
Commercial Sale
Square Footage:
4,527
Lot Size (sq. ft.):
44,867
Status:
Closed
Current Price:
$1,500,000
List Date:
10/20/2023
Last Modified:
1/31/2025
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: ********
More Information MLS# 202315797
Contract Information
Current Price: $1,500,000
Original List Price: 1500000
List Price: $1,500,000
Status: Closed
Listing Contract Date: 2023-10-20
Property Sub Type: Business
Listing Agreement: Exclusive Right To Sell
Occupant Type: Vacant
Location Tax and Legal
Street Number: 4009
Street Name: Olton
Street Suffix: Road
County: Hale
State: TX
Postal Code: 79072
Zone: Hale County
General Property Information
Above Grade Finished Area: 4527
Above Grade Finished Area Source: Appraiser
Building Area Total: 4527
Lot Size Acres: 1.03
Lot Size Square Feet: 44867
Basement YN: No
List Price/Acre: 1456310.68
List Price/SqFt: 331.35
Sold Price/Acre: 1165048.54
Sold Price/SqFt: 265.08
Remarks and Miscellaneous
Public Historical Remarks: Streets: Major Thru, Specific Use: Yes, # Wells: 0
Public Remarks: 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)
Status Change Information
Major Change Timestamp: 2024-02-13T22:22:53Z
Major Change Type: Status Change
Status Change Timestamp: 2024-02-13
Purchase Contract Date: 2023-11-07
Close Date: 2024-02-13
Buyer Financing: Conventional
Buyer's Lender Closing Costs: No
Buyer's Lender Closing Costs Comments: Confirm Appointment,Contact ListingAgent
Land Details
Minerals Available: No
Crops Included YN: No
Showing Information
Showing Instructions: Confirm Appointment,Contact ListingAgent
Property Features
Business Type: Distribution; Fast Food; Industrial; Mixed; Professional/Office; Residential; Restaurant; Retail; Storage; Transportation; Other
Construction Materials: Foam Insulation; Stucco
Cooling: Central Air; Electric
Flooring: Concrete
Foundation Details: Slab
Heating: Central; Electric
Listing Terms: Conventional
Lot Features: Landscaped
Parking Features: Paved
Road Frontage Type: City Street; Highway; Interstate
Road Surface Type: Paved
Showing Requirements: Appointment Only; Call Listing Office
Listing Office: Billington Real Estate
Listing Agent: Keith Billington
Last Updated: January - 31 - 2025
Information deemed reliable but not guaranteed.