Address
110 W Bailey Street, Ponder, TX
Price
$ 2,800,000
Property Attributes
- MLS#20477522
- TypeCommercial
- CountyDENTON
- CityPonder
- NeighborhoodO T Ponder
- Zip76259
- StyleBusiness
- Year Built1903
- Taxes$ 3420
- Price$ 2,800,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage2950
- Lot Size0.3596 Acres
Data Source:
North Texas Real Estate Info Systems (NTREIS)
Property Description
Both Property & Business are offered together, including commercial building & parking lot, all equpment, inventory, historic photos and furnishings, the Ranchman's business, name and intellectual property. The Buyer can continue the rich history of Ranchman's (formerly the Ponder Steakhouse), a Texas tradition. The original restaurant opened in 1903 and has been expanded and updated, including major renovations in 2022 to be ADA compliant, rewiring of entire building, new roof, complete plumbing upgrade, epoxy flooring, Hardie fiber cement siding, loading dock, ductless HVAC and high efficiency tankless water heater. Celebrity guests have included: John Wayne, Warren Beatty & Faye Dunaway (during filming of Bonnie & Clyde movie), Lillian Carter, Stevie Nicks, Cindy Crawford, Dennis Hopper, Eric Clapton & others. Featured in The Big Texas Steakhouse Cookbook, Food Network with Bobby Flay and The Texas Bucket List (NBC). See YouTube - Bobby Flay Ponder Steakhouse
| Price History | |
|---|---|
| 11/19/2023 | Listed $2,800,000 |
General Features
| Heating | Central,Natural Gas |
|---|---|
| Cooling | Central Air |
| Utilities | City Sewer,City Water,Electricity Connected,Individual Gas Meter,Individual Water Meter,Phone Available |
| Ceiling Height | 8 to10 Feet |
| Possession | Closing/Funding |
| Roof | Composition |
| Exclusions | Mineral rights will be retained by seller. |
| Year Built | 1903 |
| Tenant Pays | All Utilities |
| Business Type | Restaurant |
| Business Name | Ranchman's |
| Unexempt Taxes | 3420 |
| Building Use | Restaurant |
| Owner Pays | All Utilities |
| Will Subdivide | No |
| Gross Annual Expenses | 535040.00 |
| Property SubType | Business |
| Subdivision Name | O T Ponder |
| Accessibility Features | Accessible Bath - Half+Hall,Accessible Doors,Accessible Entrance,Meets ADA Requirements |
| Zoning Description | Retail Restaurant |
| Insurance Expense | 10668 |
| Occupant Type | Owner |
| County | Denton |
| Operating Expense Includes | Insurance,Maintenance,Payroll,Security,Staff,Supplies,Utilities,Water/Sewer |
| Property Type | Commercial Sale |
| Security Features | Security System Leased,Smoke Detector(s) |
| Construction Materials | Wood |
| Year Built Details | Preowned |
| Special Notes | Aerial Photo |
| Status | Active |
| Directions | Located in downtown Ponder,Texas,only 6.8 miles West of I 35W near Denton,TX. |
| City | Ponder |
| Buyer Agent Compensation | 3 |
| Street Name | Bailey |
| Virtual Tour URL Unbranded | https://www.propertypanorama.com/instaview/ntreis/20477522 |
| Standard Status | Active |
| Buyer Agent Compensation Type | % |
Interior Features
| Flooring | Concrete |
|---|---|
| Total Stories | 1 |
| Total Units | 1 |
| SQFT Gross | 15664 |
| Lock Box Type | None |
| Street Suffix | Street |
Exterior Features
| Freight Doors | Loading Dock |
|---|---|
| Lot Size Source | Public Records |
| Parking Features | Parking Lot |
| Lot Size | Less Than .5 Acre (not Zero) |
| Foundation | Slab |
| Lot Size Area | 0.3596 |
| Lot Size Dimensions | 120x130.54 |
| Lot Size Units | Acres |
| Construction Materials Walls | Cement Block |
| Building Area Total | 2950.00 |
| Road Frontage Type | City Street |
| Lot Size Square Feet | 15664.1760 |
| Lot Size Acres | 0.3596 |
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 76259
Price
Taxes
Visits
Year Built
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