1500 LoopTyler, TX 75701

This vacant 5,964 square foot restaurant building, formerly a Red Lobster, is situated on a 1.737-acre lot at 1500 W SW Loop 323 in Tyler, Texas, 75701. Boasting a prime location in a bustling commercial area, this property enjoys exceptional visibility and high traffic counts exceeding 35,404 vehicles daily (2023 data). The C-2 Commercial zoning allows for versatile use, including restaurant, retail, or office space. The single-story, 1980-built structure offers ample on-site parking, catering to the needs of any business. The building's interior layout is flexible, adapting to various operational requirements. Its strategic location within a thriving commercial hub, surrounded by established businesses, ensures significant customer exposure. All existing fixtures, furniture, and equipment (FF&E) are included in the sale price of $2,750,000, presenting a turnkey opportunity for prospective buyers. This property represents a significant investment opportunity in a dynamic and growing market.