110 W Bailey Street Active

Ponder,TX 76259

$ 1900000

- Bed

- Bath

2950 SqFt


Key Details

Property Type Commercial

Sub Type Business

Listing Status Active

Purchase Type For Sale

Square Footage 2,950 sqft

Price per Sqft $644

Subdivision O T Ponder

MLS Listing ID 20477522

Total Fin. Sqft 2950

Year Built 1903

Annual Tax Amount $3,420

Lot Size 0.360 Acres

Acres 0.3596

Lot Dimensions 120x130.54

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

Location

State TX

County Denton

Zoning Retail Restaurant

Direction Located in downtown Ponder, Texas, only 6.8 miles West of I 35W near Denton, TX.

Interior

Heating Central,Natural Gas

Cooling Central Air

Flooring Concrete

Heat Source Central,Natural Gas

Exterior

Utilities Available City Sewer,City Water,Electricity Connected,Individual Gas Meter,Individual Water Meter,Phone Available

Roof Type Composition

Parking Type Parking Lot

Garage No

Building

Foundation Slab

Structure Type Wood

Others

Ownership Ross

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition Aerial Photo

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