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$1,250,000 -$250,000 (-16.67%) Price Reduced

  • For Sale
  • Active
  • Business
  • 5,000 Sq. Ft.
  • 0.764 Acres
  • Updated 2 days ago
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Fantastic opportunity to own a well-established restaurant located directly off the main highway running through town. This highly visible, easy-access location attracts steady traffic from local residents, nearby lake visitors, and travelers passing through the area. The property features a warm, inviting atmosphere with a spacious dining area, comfortable seating layout, and a full-service bar, ideal for family gatherings, date nights, and group events. Restaurant supplies, equipment, furniture, and all existing recipes convey with the sale, allowing a new owner to step into a fully operational setup and continue service with minimal startup time. With strong visibility, convenient access, and a proven location, this property offers an excellent opportunity for owner-operators or investors seeking a truly turn-key restaurant in a high-traffic location.

Full Property Details for 1111 State Hwy 16 S

General

  • Price: $1,250,000
  • Taxes: $7,099
  • Status: Active
  • Type: Business
  • Source: NTREIS
  • MLS ID: 21130438
  • Updated: 1/16/2026
  • Added to Site: 31 day(s) ago

Business

  • Business Type: Restaurant

Interior

  • Flooring: Concrete

Additional Information

  • Security/Safety: Fire Alarm

Parking

  • Parking Features: Asphalt

Location

  • County: Young
  • Subdivision: BEN HILL
  • Driving Directions: From the Square Head south on Elm Street Turn right onto TX 16 S State Hwy 16 S. Stay on TX-16 S for about 1.0 mile. Will be on your left.

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air, Electric
  • Heating Type: Central, Electric

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: Natural Gas Available, Sewer Available, Separate Meters, Water Available

Structural Information

  • Detached/Attached: Detached
  • Construction: Brick
  • Roof: Composition
  • Stories/Levels: 1
  • Square Feet: 5,000
  • Sq. Ft. Source: Other
  • Year Built: 1983

Lot Features

  • Lot Size (Acres): 0.764
  • Lot Size (Sq. Ft.): 33,279.84
  • Lot Size Source: Assessor
  • Frontage: City Street, Highway, Asphalt
  • Potential Use: Restaurant
  • Zoning: Commercial

Financial Considerations

  • Tax Amount: $7,099
  • Tenant Pays: None

Disclosures and Reports

  • Legal Description: BEN HILL/GRAHAM - BLK 87
  • Inclusions: Building Only
  • Disclosures/Rstr.: Flood Plain Disclosure
  • Property ID: 12499
  • Block: 87
  • Lot Number: 40

Listed by HARBCO Realty, Albert Ramirez and HARBCO Realty, Leslie Ramirez

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Listing agents

— 1111 State Hwy 16 S —

  • Albert Ramirez

    HARBCO Realty

  • Leslie Ramirez

    HARBCO Realty

(940) 550-5019

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1111 State Hwy 16 S

School District:Graham Independent School District
NameGradesDistance
Woodland Elementary School
1219 Cliff Drive, Graham, TX 76450
PK-51.3 mi
Graham J High School
1000 2nd Street, Graham, TX 76450
6-80.8 mi
Graham High School
1000 Brazos Street, Graham, TX 76450
9-120.5 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1111 State Hwy 16 S Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/16/2026
Price Reduced
$1,250,000
-16.67%
MLS
12/18/2025
Listed
$1,500,000
—
MLS
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1111 State Hwy 16 S

Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,916
13%
$308,910
62%
2022
$5,250
-7%
$191,040
—
2021
$5,659
—
$191,040
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 1111 State Hwy 16 S

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by HARBCO Realty, Albert Ramirez and HARBCO Realty, Leslie Ramirez

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1111 State Highway 16 S, Graham, TX 76450 (MLS# 21130438) is a Business property. 1111 State Highway 16 S is currently listed for $1,250,000 and was received on December 18, 2025. Want to learn more about 1111 State Highway 16 S? Do you have questions about finding other Business real estate for sale in Graham? You can browse all Graham real estate or contact a Coldwell Banker agent to request more information.

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