110 W Bailey ST Pending

Ponder,TX 76259

$ 1900000

- Bed

- Bath

2950 SqFt


Key Details

Property Type Commercial

Sub Type Business

Listing Status Pending

Purchase Type For Sale

Square Footage 2,950 sqft

Price per Sqft $644

Subdivision O T Ponder

MLS Listing ID 20806795

HOA Y/N No

Year Built 1903

Annual Tax Amount $3,420

Lot Size 0.360 Acres

Acres 0.3596

Lot Dimensions 120x130.54

Property Sub-Type Business

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

Inclusions Business,Furniture,Inventory,Land & Improvements

Fireplace No

Exterior

Parking Features Parking Lot

Utilities Available Electricity Connected,Natural Gas Available,Phone Available,Sewer Available,Separate Meters,Water Available

Water Access Desc Public

Roof Type Composition

Accessibility Accessible Doors,Accessible Entrance

Road Frontage City Street

Building

Story 1

Foundation Slab

Sewer Public Sewer

Water Public

Others

Senior Community No

Tax ID R45227

Security Features Security System Leased,Smoke Detector(s)

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