7224 Glenview Dr, Richland Hills, TX 76180
- $1,200,000
- List Price
- $1,200,000
- MLS#
- 21304907
- Status
- ACTIVE
- Type
- Commercial
- Subtype
- CommercialSale
- Year Built
- 1955
- Construction Status
- Preowned
- Acres
- 0.39
- County
- Tarrant
- City
- Richland Hills
- Subdivision
- Richland Hills Add
Property Description
Exceptional opportunity to acquire a fully operational, turnkey restaurant and bar in the heart of Richland Hills. Located on highly traveled Glenview Drive near the intersection of TX-26 Grapevine Highway, this freestanding commercial property offers outstanding visibility, easy access, and ample on-site parking. Originally a residential property, the site has been successfully rezoned for commercial use and is currently operating as a popular African-Caribbean restaurant and bar. The sale includes the real estate, building, business, furniture, fixtures, equipment (FF&E), inventory, and improvements, providing a rare opportunity for an owner-operator or investor to step into an established operation from day one. Situated on approximately 0.39 acres, the property features indoor dining, bar area, outdoor seating, a family-friendly outdoor gathering space, storage areas, and additional rear parking. Strong value-add opportunity: continue the existing successful concept, reposition to a higher-performing franchise or regional brand, or convert to a sports bar, fast-casual concept, brewpub, or mixed-use food and beverage destination. The property’s zoning, location, and improvements significantly reduce time-to-market for new operators. Ample on-site parking supports high-volume service, private events, and peak-hour demand. Infrastructure is already in place for food service operations, minimizing startup costs and operational delays for new ownership. Opportunities of this caliber combining real estate ownership, established restaurant infrastructure, and a turnkey operating business on a high-visibility commercial corridor are rare in the Richland Hills market.
/u.realgeeks.media/thelarkinteam/Header_Logo_1-min.png){kind=logo}
Additional Information
- Unexempt Taxes
- $7,650
- Tenant Pays
- AllUtilities, ExteriorMaintenance, Insurance, Security, TrashCollection, Water
- Lot Size
- 16,988
- Acres
- 0.39
- Flooring
- Tile, Hardwood
- Foundation
- Slab
- Roof
- Composition, Shingle
- Building Stories
- 1
- Parking Garage
- Additional Parking, Other, Paved, Parking Lot
- Possession
- CloseOfEscrow
- Proposed Use
- Restaurant
- Inclusions
- Building Only, Business, Furniture, Inventory, Land & Improvements, Machinery
Mortgage Calculator
Listing courtesy of Israel Varela from LPT Realty, LLC. Contact: 469.573.3298,469.573.3298