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1619 Main St

1,216 SF Retail Building Junction, TX 76849 $948,057 CAD ($780 CAD/SF)

Investment Highlights

  • Includes High Profit Business
  • High Visibility

Executive Summary

- THE BUSINESS IS STILL OPEN AND OPERATING, PLEASE DO NOT APPROACH STAFF WITH ANY QUESTIONS.
- The Milky Way has been a fast-casual dining staple of the Junction community for generations. Recently renovated and revived, The Milky Way is now ready for its next phase of life. With strong sales and ample room for growth, this is your opportunity to own a little piece of Texas history!
- The Milky way offers home-style classics made from scratch 7 days a week in a relaxed diner setting. Featuring fresh, never frozen burger patties from local ranchers, hand breaded chicken strips, and some of the best pizza in town, The Milky Way has established itself as a favorite with locals as well as tourists and I-10 travelers.
- The business is strong with lots of upside potential but there is only really one year of verifiable financials. The business is also stable given that the real estate is owned and the location is highly visible and well-known and highly trafficked. There is also very little competition of an sort in the area, and The Milky Way is the only restaurant open 7 days a week.
- The sale of the business and real estate also includes a small parcel of land that can be used for exterior dining. There is also potential to purchase an additional piece of adjacent land that could be used for a beer garden or other similar use.

Attachments

Listing Information- The Milky Way (1)

Taxes & Operating Expenses (Actual - 2025) Click Here to Access

Annual (CAD) Annual Per SF (CAD)
Taxes - -
Operating Expenses - -

Taxes & Operating Expenses (Actual - 2025) Click Here to Access

Taxes (CAD)
Annual -
Annual Per SF -
Operating Expenses (CAD)
Annual -
Annual Per SF -
Total Expenses (CAD)
Annual $99,999
Annual Per SF $9.99

Property Facts

Sale Type
Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
1,216 SF
Building Class
C
Year Built
1950
Price
$948,057 CAD
Price Per SF
$780 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
0.33 AC

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
5711
Land Assessment
$58,607 CAD (2024)
Improvements Assessment
$106,340 CAD (2024)
Total Assessment
$164,948 CAD (2024)
  • Listing ID: 34419039

  • Date on Market: 2025-01-08

  • Last Updated:

  • Address: 1619 Main St, Junction, TX 76849

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