Address
125 Highway 171, Godley, TX
Price
$ 4,200,000
Property Attributes
  • MLS#20571949
  • TypeCommercial
  • CountyJOHNSON
  • CityGodley
  • NeighborhoodRw Boyce
  • Zip76044
  • StyleBusiness
  • Price$ 4,200,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size2.94 Acres
Data Source:
North Texas Real Estate Info Systems (NTREIS)
Property Description

We Sell Texas is pleased to present approx. 2.94 acres with 5,845 SqFt of restaurant and office space, located at 125 HWY 171, in the heart of Godley. The property has 279 feet of HWY 171 road frontage. Godley is one of the fastest growing cities in the Metroplex with a growth rate of 17.57% annually and population increase of 148% since 2020. With convenient access to multiple metropolitan areas including Dallas and Fort Worth, Godley is the place to be. The property is currently used as a restaurant and bar, music venue, and commercial office space. There is a multitude of parking and the property is turn-key. The possibilities for this commercial property are endless with the vast amount of space and highway frontage. The lack of commercial properties on the market make this a once-in-a-lifetime opportunity for developers. Current operating business isn't for sale. The renovations on the restaurant and bar and exterior patio bar were completed in 2023, unsure of actual build date.

Price History
4/1/2024 Listed $4,200,000

General Features

Heating Central
Cooling Ceiling Fan(s),Central Air
Utilities Asphalt,Cable Available,City Sewer,City Water,Concrete,Electricity Connected,Individual Water Meter,Phone Available,Propane
Ceiling Height Other
Possession Closing/Funding
Roof Metal
Exclusions Current business at location and TABC Alcohol License.
Year Built 2023
Tenant Pays All Utilities
Business Type Bar/Tavern/Lounge,Commercial,Food & Beverage,Music,Restaurant
Building Use Bar/Taverns,Food Service,Office,Restaurant
Will Subdivide Yes
Gross Annual Expenses 0.00
Property SubType Business
Subdivision Name RW BOYCE
Zoning Description Commercial
Occupant Type Owner
Occupant Name OF RECORD
County Johnson
Property Type Commercial Sale
Construction Materials Concrete,Metal Siding,Wood
Year Built Details Preowned
Status Active
Directions GPS
City Godley
Buyer Agent Compensation 3
Street Name Highway 171
Virtual Tour URL Unbranded https://www.propertypanorama.com/instaview/ntreis/20571949
Standard Status Active
Buyer Agent Compensation Type %

Interior Features

Flooring Combination
Total Stories 1
Total Units 1
SQFT Gross 128066
Lock Box Type None

Exterior Features

Lot Features Acreage,Cleared
Freight Doors Loading Dock
Lot Size Source Assessor
Parking Features Additional Parking,Asphalt,Common,Direct Access,Gravel,On Site,Open,Outside,Oversized,Parking Lot,Private
Lot Size 1 to < 3 Acres
Foundation Slab
Lot Size Area 128066.0000
Lot Size Units Square Feet
Building Area Total 5845.00
Road Frontage Type Highway
Lot Size Square Feet 128066.0000
Lot Size Acres 2.9400

Amenities

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

Property vs Commercial Average in 76044

Price
AVG $1.7M
$4.2M
Visits
AVG 25
17
Data Provided by Inside Real Estate®
Year Built
AVG 1974
2023

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