Indian Hill Restaurant & Marina

229 Indian Hill Boulevard, Livingston, TX 77351

Specifications

Price: 
$ 3,750,000
Property Type: 
Lots/Land
Class: 
A
Year: 
1970
Units: 
1
Rentable Sq. Ft.: 
5,500
Status: 

The Indian Hill Restaurant, Bar & Event Venue and Marina is located on the waterfront of Lake Livingston, Texas on Indian Hill Boulevard. This location is approximately 5,500 square feet including waterfront patio space and is next to Blanchard Boat Launch off Highway 190. The restaurant has been in this location operating successfully since 1970. In 2015 it was sold to the current owner and underwent a complete renovation including a new bar area and boat docks. The adjacent country store serving boating patrons also was completely renovated and is included in this offering. The restaurant has excellent visibility from both the lake and Highway 190 Blanchard Boat Launch.

The new ownership spent several million dollars in renovations in 2016. These renovations allowed the restaurant business to grow and increased the facility’s income options. The restaurant is now hosting up to 175-guest catering corporate parties, retreats and award presentations, wedding receptions, anniversary parties, holiday events, summer themed weekends in addition to serving breakfast, lunch and dinner on weekends and lunch and dinner Wednesday thru Sunday. A new owner could open the restaurant seven days per week by serving dinner only and keeping the bar open until closing every night. A limited “bar” menu would be available for patrons; however the restaurant would be closed. The area would support a local bar venue such as this. The bar is currently well equipped to handle these patrons; as it has two 70” wide screen TV’s and 3 more 60” screen TV’s (distributed throughout the bar area and screened patio area). The restaurant has not realized its full potential and has unlimited options for social events such as wedding receptions, anniversary parties, retirement parties, and as a local gathering place for off-season residents.

Supporting Documents

Tom Wilkinson

Location: 
Houston, TX
twilk4.ketent@gmail.com
Office: 
713-355-4646 x 102
Fax: 
713-355-4331

Tom Wilkinson has performed real estate marketing serves for institutional and individual investors since 1972. He has a BA in Mathematics from Rice University and an MBA in Real Estate Investments from the University of Texas. In addition to brokering real estate, Tom previously owned and operated more than 80 properties. Tom has successfully marketed properties for and to dozens of individual, business and institutional sellers and buyers, including REO properties for the RTC, FNMA and FreddieMac.

I'm interested in this Property

Visitor Info
This form will automatically send an e-mail to the Agent who will contact you as soon as possible. Thanks for getting interested!!!
CAPTCHA
This question is for testing whether you are a human visitor and to prevent automated spam submissions.