MLS # 20348244, Listed by Delanee Clark with RE/MAX Landmark | 972-524-2525 | Active
701 N Crossroads is a $850,000, 4,755 square foot home on a 0.39 acre lot located in Leonard, TX.
Located at the hard corner of U.S. 69 and Hwy 78, just 1 hr to Dallas, and 20 min to Greenville, this property is perfect for your investment. Currently being utilized as the popular Lea's Restaurant & Sports Grill, locally owned & operated for the past 38 years. Property offers a unique opportunity for owner occupancy or investors looking for rental income. The front rooms have a warm & inviting atmosphere, with spacious dining area & sports bar. The kitchen is fully equipped with stainless commercial kitchen appliances and ample space for food preparation and storage. This is perfect for anyone looking to expand in the restaurant industry with an established location, utilize for an event venue, retail, or hospitality. With its prime location, loyal customer base, & fully-equipped kitchen, this restaurant is a turnkey ready for a new owner to take over & continue its success OR bring your own ideas & creativity. Commercial-General Zoning provides flexibility for all of your needs.
| Cooling Types | Central Air |
| Heating Types | Central |
| Parking Types | Asphalt |
| Exterior Features | Owner Other All Utilities FM Road Highway Interstate Burglar Security System All Utilities Other Asphalt City Sewer City Water |
| Roof | Composition Metal |
| Construction Types | Siding Stone Veneer Stucco Ceramic Tile Slab |
| Land Type | No |
| Property Type | Commercial Sale |
| Property Sub Type | Business |
| Style | Bar/Taverns Restaurant Bar/Tavern/Lounge Restaurant |
| Year Built | 1983 |
| HOA Fee | $0.00 |
| County | fannin |
| Neighborhood | Homer Evans Add |
| Financial Terms | 1031 Exchange Cash Conventional |
The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. Data is deemed reliable, but is not guaranteed accurate by the MLS or NTREIS. Data last updated 12/02/2023 at 06:40pm CST.
