1971/1975 Tyler, Gladewater TX 75647

Property Remarks

Lambert’s Liquor is for sale! This is an established business and the sale includes the equipment that’s in Lambert’s Liquor. Buyer can purchase the inventory at an additional cost. There is additional rental income of $1100 per month. The building has 2 store fronts with a total of 4800sf. The leased store front is approximately 1100sf, has an open floor plan and a bathroom. The liquor store is approximately 3700sf, has a storage room, walk-in cooler and 2 bathrooms. There is plenty of room to add on or build on the included 3.497 acres. This building is located in a high traffic area and has plenty of parking available. 2020 Cap Rate 11.6%, 2019 Cap Rate 12.87% the rental income from the second storefront is not included in the cap rate. This doesn’t include the income earned for the rented property.