13200 Fm 359 RdHempstead, TX 77445

This exceptional value-add investment opportunity presents a 6,318 square foot building situated on a sprawling 2.729-acre lot in Hempstead, Texas. Previously operating as a bar and grill, this single-story, 2006-built structure offers significant potential for redevelopment or owner-occupancy. The property includes an existing approximately 2,000 square foot patio and outdoor bar area, along with all existing fixtures, furniture, and equipment (FF&E). The interior features painted concrete flooring, walls, ceilings, and lighting, and a fully equipped kitchen and refrigeration areas. Located on FM 359 in Waller County, this unrestricted property enjoys prime visibility in a high-growth area, conveniently located near major thoroughfares including the Katy Freeway (I-10), SH-36, US-290, and SH-6, approximately 50 miles northwest of Houston's central business district. The property is bank-owned and offered at $580,000, translating to $91.80 per square foot. Existing utilities and infrastructure are in place, simplifying any future development or renovation plans. This versatile property is ideal for a variety of uses, making it an attractive investment prospect. The property's APN is 238705.