Price Reduced Listing
7224 Glenview Drive,Richland Hills, TX 76180
Richland Hills, TX 76180
Description
Perfect for an aspiring restaurant owner, or someone looking to expand their locations. 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.
Details
| MLS # | 21304907 |
|---|---|
| Listing Type | For Sale |
| Style | Business |
| Sub-Type | Resale |
| Status | Active |
| Year | 1955 |
| Days On Site | 77 |
| Listing Provided By | LPT Realty, LLC | Israel Varela |
Features
| SQ Feet | 3,104 |
|---|---|
| Story(s) | 1 |
| Zoning | COM'L BLDG |
| Acreage | 0.39 |
Interior
| Cooling | Ceiling Fan(s), Central Air |
|---|---|
| Heating | Central, Electric |
Exterior
| Roof | Composition, Shingle |
|---|---|
| Construction Materials | Brick |
| Foundation Details | Slab |
Parking
| Parking Features | Additional Parking, Outside, Parking Lot, Paved |
|---|
Utilities
| Utilities | Cable Available, City Sewer, City Water, Individual Gas Meter |
|---|
Taxes
| Unexempt Taxes | 7650 |
|---|---|
| Tax Lot | 9 |
| Tax Block | 19 |
| Tax Legal Description | RICHLAND HILLS ADDITION BLOCK 19 LOT 9 |
Area Information
| State | TX |
|---|---|
| County | Tarrant |
| City | Richland Hills |
| Zip Code | 76180 |
| Area | Tarrant |
| Community Name | Richland Hills Add |
| Listing VS Median (in Richland Hills Add) | |
Price: $989,000 low | high Med: $354,000 sqft: 3,104 low | high Med: 2,062 $ / sqft: $319 low | high Med: $172 On site: 77 low | high Med: 2 | |
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Learn More About This Property
| State | TX |
|---|---|
| County | Tarrant |
| City | Richland Hills |
| Zip Code | 76180 |
| Area | Tarrant |
| Community Name | Richland Hills Add |
| Listing VS Median (in Richland Hills Add) | |
Price: $989,000 low | high Med: $354,000 sqft: 3,104 low | high Med: 2,062 $ / sqft: $319 low | high Med: $172 On site: 77 low | high Med: 2 | |