Investment Opportunity - Restaurant, Amarillo, TX — Sale in Amarillo, TX

  • Price: $600K
  • Listing type: For sale
  • Asset type: Business
  • Location: Amarillo, TX 79109
  • Size: 4,593 SF
  • Year built: 1970

Investment Figures

Cap rate
6.60%
Price per square foot
$131

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Prime Commercial Investment Opportunity | 2028 Paramount Blvd, Amarillo, TX High-Visibility Restaurant & Value-Add Investment Opportunity Positioned in the heart of Amarillo, this versatile property offers a unique opportunity for both savvy investors and owner-users. Property Highlights & Recent Capital Improvements This isn't just a standard "value-add" play; the heavy lifting on infrastructure has already been completed. Since 2020, the property has undergone significant mechanical and structural updates, ensuring long-term viability and reduced deferred maintenance costs: Roof: Modern, energy-efficient TPO Roof installation. Electrical: updated in 2022 . Plumbing: Modernized throughout with durable PVC & PEX piping. Grease Trap: Brand new, high-capacity 1,000-gallon grease trap installed in 2025 , meeting the highest standards for modern commercial kitchen requirements A new four year lease agreement is in place at the rental rate of $4,500.00 per month modified gross. Taxes and insurance are approximately $14,000 annually. Annual net income of $40,000 which is a 6.6% cap rate. Building SF: 4593 | Land Size: 24829.0 SF | Year Built: 1970 | Listing Type: FOR SALE

Market Context

This commercial property in Amarillo, TX is listed for sale at $600,000 across 4,593 SF ($131/SF). It is offered at an approximate 6.6% capitalization rate, a key benchmark for income-producing commercial property assets. The building dates to 1970. It has been on the market for 71 days. Compare it against other commercial property listings for sale in Amarillo, TX — view the full market.

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