Seller Financing
8601 Jacksboro Highway Lakeside, TX
$ 2,500,000
Property Attributes
  • MLS#14426461
  • TypeCommercial
  • CountyTARRANT
  • CityLakeside
  • NeighborhoodJ Wilcox Surv Abs 1716
  • Zip76135
  • StyleBar/Taverns,Food Service,Industrial,,Restaurant,St
  • Year Built1963
  • Taxes27000
  • Price$ 2,500,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage30140
  • Lot Size5.6 Acres
Listing Provided Courtesy Of:
Kristopher Franks with Franks Realty International
Property Description

Calling All Value Add Investors! Priced to Sell! What an opportunity to own and manage a beautiful piece of property situated right off of Hwy 199 with around 400 feet of highway frontage!Minutes to Fort Worth! Get Ready, this property includes NINE INCOME PRODUCING FULLY LEASED residential units, 32 mini storage units 60% occupied, a 4000 square foot warehouse (vacant), and Fort Worth's former iconic Vance Godbey's restaurant with over 12000 square feet of dining,banquet rooms and tremendous commercial kitchens(now leasing). Around 2.5 acres of 199 frontage comprising large paved lot and beautiful landscaping. Soaring pole sign included. Pro-Forma annual income is close to 300K. Partial Owner Finance Possible!

Price History
9/2/2020 Listed $2,500,000

General Features

Average Monthly Lease 9000
Building Use Bar/Taverns, Food Service, Industrial, Other, Restaurant, Storage Warehouse
Business Name Vance Godbeys
Ceiling Height 11 to 14 Feet, 8 to10 Feet
Commercial Features Cooler/Freezer, Fire Alarm, Floor Drains, Inside Storage, Living Areas, Loading Dock, Multi-User, Outside Storage, Security Lighting
Construction Materials Block, Brick, Concrete, Frame/Brick Trim, Glass, Metal, Rock/Stone, Steel, Wood
Flooring Brick/Adobe, Ceramic Tile, Concrete, Laminate, Other, Wood
Heating Additional Water Heater(s), Central Air-Elec, Central Heat-Gas
Lease Terms 60 Months
Number Of Leaseable Spaces 2
Property Type Commercial
Proposed Financing Cash, Conventional, Owner Carry First, Owner Carry Second
Road Frontage City, Concrete, State
Special Notes Aerial Photo
Stories 3
Subdivision J Wilcox Surv Abs 1716
Tenant Pays Electric, Gas
Topography Cleared, Varied
Type COM-Sale or Lease (Either)
Utilities Master Gas Meter, Overhead Utilities, Private Sewer, Private Water, Septic, Well
Virtual Tour Url Unbranded
Year Built 1963
Year Built Details Preowned
Zoning Commercial Commerc

Interior Features

# of Units 46
Living Area 30140
Sqft Building 30140
Sqft Leasable 12000

Exterior Features

Construction Materials Walls Brick, Cement Block, Metal, Plaster, Texture
Foundation Pier & Beam, Slab
Freight Doors Dock/Grade, Loading Dock
Inclusions Land & Improvements
Lake Name Eagle Mountain
Lot Size Area 5.600
Lot Size Area 5.600
Lot Size Area (acres) 5.600
Lot Size Area (sq Ft) 243936
Lot Size Source Other Documentation
Lot Size Units Acres
Parking Features Common Lot
Road Frontage Distance 336


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 76135

AVG $950K
AVG $10,714
AVG 73
Year Built
AVG 1968
AVG 35
Data Provided by Walkscore ® not using MLS data

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