Asset Type: Real Estate
Estate: Leasehold
Year Renovated: 1990
Number of Floors: 1
Property Size: 6,025 SF
Property Type: Retail
Year Built: 1960
Land Area: 0.43 Acres
Number of Units: 2
Investment Highlights
- Corner site with 25,000 VPD | 3-point access configuration
- Restaurant FF&E conveys | Turnkey for food service operation
- 1,245 SF apartment | Live/work or rental income potential
- National brands validate corridor (Raising Cane's, Dunkin', Pizza Hut, Dutch Bros nearby)
- C-2 zoning | Restaurant, retail, professional office, medical office permitted
- St. Mary's adjacent | Medical Center 15 min | $51,932 median income (1-mile)
- No tenant leases | Immediate possession available
- Below replacement cost | 0.43 AC corner in proven corridor
603 Bandera - Corner Restaurant + Apartment | Turnkey Equipment | Validated Corridor
TURNKEY CORNER OPPORTUNITY
6,025 SF corner property (4,781 SF restaurant + 1,245 SF apartment) on 0.43 acres with 25,000 VPD visibility on Bandera Road. C-2 zoning, three access points, immediate possession.
VALIDATED CORRIDOR
National brands deployed within 2 parcels (Raising Cane's 2022, Dunkin' 2023, Pizza Hut 2023, Dutch Bros 2024) confirm corridor strength and consumer traffic patterns. You benefit from their site selection validation without competing at national scale.
FOR LOCAL RESTAURANT OPERATORS
Existing restaurant equipment conveys - immediate operational capability. Corner visibility builds brand recognition. Upstairs apartment = live on-site while establishing business, house key employee, or generate supplemental rental income.
FOR PROFESSIONAL OFFICE CONVERSION
Medical Center (15 min) and St. Mary's University (adjacent) provide institutional client base. Convert commercial space to medical/dental/professional offices. High-income demographics (1-mile median $51,932) support professional services. Apartment becomes employee housing, storage, or rental income.
FOR VALUE INVESTORS
Acquisition at $799K on corner site = below replacement cost in validated corridor. Lease commercial space + apartment separately for dual income streams. Brand activity proves corridor momentum - hold for appreciation.
SITE DETAILS
Corner position, 3 access points (Bandera + dual W. Ashby). 25,000 VPD. C-2 permits restaurant, retail, professional office, medical office. No tenant leases - immediate possession at closing.
CURRENT STATUS
Owner-occupied restaurant closing. Real estate sale only. Restaurant FF&E and apartment convey.
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