The Back Porch 904 Broadway Blvd

  • $4,000,000.00
  • $391.00/Per SQF
Featured For Sale
904 Broadway Blvd, Kilgore, Texas, 75662
Featured

The Back Porch 904 Broadway Blvd

904 Broadway Blvd, Kilgore, Texas, 75662
  • $4,000,000.00
  • $391.00/Per SQF
For Sale

Overview

  • Restaurant, Retail
  • Property Type
  • 1.91
  • Lot AC
  • 10240
  • SQF
  • 1940 / 2012
  • Year Built

EXECUTIVE SUMMARY
Located in an Opportunity Zone Restaurant/Live Music Venue/Reception Banquet Hall for Private Events/Bar Capacity for 400 guests

Business Sale with Real Estate. The Back Porch is a Kilgore legend that’s been serving memories for almost 40 years. It is the place to go to have fun and be entertained. The Back Porch has been family owned and operated for the past 30-years.

They have recently been awarded in recognition for their commitment and dedication to Kilgore and the surrounding communities. The Back Porch is full service restaurant with a front dining room, private dining room, sports bar, drive-thru and covered patio/live music venue.

The Back Porch offers live music 4 nights a week, Wednesday- Saturday, in their large, air-conditioned patio.

They are known for their great food and relaxing environment. Asset Sale includes a 1,073 SF 2-bedroom house. This can easily be converted and attached as a backstage area for performing bands. The Corner of Broadway and Main has a 2,220 SF Freestanding Retail Building that can be leased as potential rental income. 10,240 SF total conveyed with sale.

ABOUT 904 BROADWAY BLVD , KILGORE, TX 75662

The Back Porch has a front dining room, a private dining area used for large parties and banquets, a sports bar, and a climate controlled covered patio used as a music venue for live bands. Full service kitchen includes 2 walk-in coolers and 2 walk-in freezers. Private office in the back. Drive-Thru service window.

Two 10-ton units recently installed for patio area. Can accommodate parking for 100 plus vehicles

  • Price $4,000,000.00
  • Property Size 10240 SQF
  • Land Area 1.91 AC
  • Year Built 1940 / 2012
  • Property Status For Sale
  • Property Type Restaurant, Retail

Additional Details

  • Sale Condition Business Value Included
  • Cap Rate 13.80%
  • NOI $552,000
  • Business Value $1,500,000

Property Documents

Pouya Tiraie, CCIM
Call 281-203-9194

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Pouya Tiraie, CCIM
  • Pouya Tiraie, CCIM