7469 S US Highway 79 Palestine, TX $ 550,000
7469 S US Highway 79
$ 550,000
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7469 S US Highway 79

Palestine, TX, 75801
$ 550,000
Bedrooms-- Baths--

Monthly Estimate*

$ 3,431

7469 S US Highway 79, Palestine, TX 75801 - Image 1

Commercial Property for sale in Palestine, TX

for $550,000. This building was built in 1992 on a lot size of 1.71.

This partially furnished 3282 sq ft restaurant, once known as Lafitte's Cajun Café, is a gem awaiting a new proprietor. The location isalong heavily traveled State Hwy 79, just south of Palestine, TX. Imagine the possibilities: an area for live music, pool tables forentertainment, a bar where stories are shared and memories made, and multiple seating areas that cater to diverse preferences. Thisproperty boasts practical features.: Two walk-in freezers that will provide ample food storage and an office area that is seamlesslyintegrated, offering a designated space for administrative tasks allowing you to efficiently manage operations. Additionally, ampleparking spaces surround the property, ensuring that accessibility is never a concern for your patrons. The property is being sold as is.This provides a unique opportunity. While the restaurant is partially furnished and equipped, there may be a need for repairs oradjustments to meet current codes; therefore, any necessary repairs or updates will be the responsibility of the buyer. The bones ofLafitte's Cajun Café stand strong, infused with the memories and flavors of the past. It's a place where the spirit of celebration lingers inthe air. Take a moment to picture the possibilities: • The band setting up for a night of live performances. • The anticipation before agame of pool, and the hum of conversations echoing across the various seating areas. • The Bar, a centerpiece and hub of socialactivity where tales are spun, and friendships are forged. In conclusion, this restaurant, on a vibrant road, is a rare opportunity to stepinto a space with a rich history and shape its future. The potential is boundless.

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Commercial Active

Price

$ 550,000

Property Type

Commercial

Taxes

$ 4,700

Style

Retail

Lot Size

1.71

Year Built

1992

Town/City

Palestine

County/Region

Anderson

MLS | Web ID

20839187

Features
General
Heating Central Electric
Cooling Electric
Utilities Electricity Available Outside City Limits See Remarks
Ceiling Height Other
Possession Closing/Funding
Roof Metal
Year Built 1992
Topography level
Business Type Restaurant Retail Other
Property Subtype Retail
Subdivision Name None
County Anderson
Property Type Commercial Sale
Construction Materials Aluminum Siding
Year Built Details Preowned
Status Active
Directions From Palestine TX south on West Oak St (US Hwy 79) from Loop 256 for about 4.5 miles. Property will be on the left.
City Palestine
Standard Status Active
Listing Terms Cash
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Interior
Flooring Other Tile
Total Stories 1
Total Units 4
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Exterior
Lot Size Source Appraiser
Parking Features Asphalt Off Street On Site Open
Lot Size 1 to < 3 Acres
Foundation Slab
Lot Size Dimensions 210x360
Building Area Total 3282.00
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Internal Only
Street Number 1 7469
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* Excluded Features
List By
Dana Staples

Listing Agent

Staples Commercial Group, Llc

Broker

Affordability Calculator

$3,823
Per Month
90%
10%
0%
Monthly Principal & Interest
$3,431
Monthly Property Taxes
$392
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
288163 Elementary School
288375 Middle School
Unknown High School High School
Pricing History
Date Price Price Change Description
2/7/2025 $550,000 Listed Price

Map


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7469 S US Highway 79, Palestine, TX, 75801 is a Commercial Property for sale at $550,000 with a lot size of 1.71. 7469 S US Highway 79 was built in 1992. The property's zip code is 75801 which is in Palestine, TX