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$ 475,000
Est. payment /mo
Price Dropped by $75K
2512 E Erwin Tyler, TX 75702
5,436 SqFt
UPDATED:
02/17/2025 11:29 PM
Key Details
Property Type Commercial Building/Land
Sub Type Building
Listing Status Active
Purchase Type For Sale
Square Footage 5,436 sqft
Price per Sqft $87
Subdivision Tx
MLS Listing ID 25000975
Lot Size 1.600 Acres
Acres 1.6
Lot Dimensions 1.6 acres
Property Sub-Type Building
Property Description
Opportunity for Investors! Located on 1.67 acres in the rapidly evolving East Side of Tyler, this property presents an unparalleled opportunity for business owners or investors looking to capitalize on growth in the area. With 440 feet of road frontage and convenient access to the nearby East Loop 323, a hotspot for development, this location is primed for success. For over 50 years, this iconic restaurant served as a community landmark, renowned for its authentic Mexican cuisine and cherished by locals. The cinder block building, complete with terrazzo-finished floors, embodies the charm and character of its rich history, offering a rare chance to restore and revitalize a piece of Tyler's heritage. While the building requires repairs, cleaning, and restoration, its potential is undeniable. Surrounded nearby bustling new developments, including fast-food chains, shopping centers, and other modern amenities along East Loop 323, this area is experiencing a surge of economic activity. Whether you're dreaming of breathing new life into the original restaurant concept or launching an entirely fresh business venture, this property offers a strategic location with endless possibilities. The price is negotiable, making this an exceptional investment opportunity to secure your place in Tyler's thriving future.
Location
State TX
County Smith
Area Smith
Zoning Industrial
Exterior
View Y/N No
Building
Sewer Public Sewer
Listed by Roshelle Porter • RE/MAX Tyler