1403 N Navarro Street, Victoria TX, 77901

Active

1403 N Navarro Street

Victoria TX, 77901

$40,000,000

$2,080.37 per sqft

Active

0.44 Acres

Land

Ramsey's Restaurant is an American diner established in 1948 in the heart of Victoria. Sale includes the entire restaurant business and real estate (3 parcels totaling 0.88 ac). Ramsey's can be run fully absentee.

The restaurant is strategically located on Navarro St (35,000 VPD) and across from DeTar Healthcare System -- a major regional hospital. Ramsey's consistently earns multi seven-figure revenue figures and significant net income. Recent capital improvements include new plumbing to replace cast iron with PVC, remodeled kitchen, restriped parking lot, some paint work, a roof & walk-in cooler/freezer within last 5 yrs. Note: A third, contiguous 0.24 parcel on Wheeler St also available for sale; it has a 3 bed/2 bath house with a tenant. As the needs of the restaurant grow, the new owner can tear down the house and take advantage of the additional land area.

Owner financing at 25% down, 7% fixed, 10-30 yr term. Please call for details.

58151961

MLSⓇ ID

November 13, 2024

Listed

November 21, 2024

Updated

Map

1403 N Navarro Street
Victoria TX, 77901

Exterior/Building Features

Lot Size: 0.44 Acres
Lot Features: Corner Lot, Other, 1/4 Up to 1/2 Acre
Sewer: Public Sewer

School Information

School District: 191 - Victoria
High School: Victoria West High School
Elementary School: Hopkins Elementary School (Victoria)

Other Property Details

Area Name: 66
Taxes: $8,297
Tax Frequency: Annually
Garage: No
View: No
County: Victoria
Water Source: Public
Pool: No

Courtesy of Re/Max Property Group, Maelia Davis

Based on information from the Houston Association of REALTORS as of 11/21/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Data last updated 11:30 PM UTC, 11/21/2024