1403 N Navarro ST new Save Request In-Person Tour Request Virtual Tour
Victoria,TX 77901
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
Subdivision Thurmond
MLS Listing ID 9856350
Annual Tax Amount $8,297
Tax Year 2024
Lot Size 0.441 Acres
Acres 0.4414
Property Description
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, re-striped 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 tenant in-place. As the needs of the restaurant grow, the new owner can take advantage of the additional land area.
Please call for more information and financing details.
Location
State TX
County Victoria
Building
Lot Description Corner,Other
Lot Size Range 1/4 Up to 1/2 Acre
Sewer Public Sewer
Water Public Water
Schools
Elementary Schools Hopkins Elementary School (Victoria)
Middle Schools Patti Welder Magnet Middle School
High Schools Victoria West High School
School District 191 - Victoria
Others
Senior Community No
Restrictions No Restrictions
Tax ID 62316
Acceptable Financing Cash Sale,Conventional,Owner Financing
Tax Rate 1.8895
Disclosures Sellers Disclosure
Listing Terms Cash Sale,Conventional,Owner Financing
Financing Cash Sale,Conventional,Owner Financing
Special Listing Condition Sellers Disclosure