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14736904
14736905

931 E Pearl St, Granbury, TX 76048

SS
TX TX 0502217
Imperium Holdings LP
Listed by Imperium Holdings LP
$5,000,000
1536 days on market
Updated 100 days ago

Granbury Riverstage

Details
APN R000043470
Property Type Land, Hospitality (+2)
Sub Type Commercial, Restaurant (+1)
Broker Co-Op Yes
Acreage 3.587
Zoning Light Commercial (LC)
Sale Condition 1031 exchange

IRREPLACABLE WATERFRONT RESTAURANT AND ENTERTAINMENT VENUE | 3.587 acres

Marketing description

Available for ground lease: Granbury Riverstage is a 3.587-acre restaurant - bar - entertainment development. This is a category killer venue with anticipated sales well into the 8-figures. This is the entry into historic downtown Granbury. The downtown square is within walking distance. One of the neighboring properties is the convention center with full-service hotel. This site has all utilities.

Proposed Development Plan:

This restaurant - bar - entertainment development combines dining and drinking with live music, shows, and other attractions. This development is an extension of the historic downtown and nearby hotel. It aims to create a larger "destination district" for consumers with the goal of building a cohesive environment where food, drinks, and live entertainment are all integrated to attract customers and create a vibrant atmosphere.

Instead of separate businesses, a single complex will feature multiple restaurants and bars alongside dedicated spaces for live entertainment, such as concert halls, theaters, and stages. This development is not limited to just food and entertainment. It is part of larger, multi-use district that blends residential, office, and retail spaces, creating a walkable community from the river dock to the downtown and a continuous stream of potential customers.

The fusion of food and entertainment is designed to enhance the overall customer experience. Venues focus on creating lively and visually appealing environments that encourage social sharing and build buzz.

By combining various offerings, Granbury Riverstage will attract a broader customer base for different needs and occasions. It aims to become a central gathering place with a wide range of activities available in one location. Integrating food, beverages, and entertainment allows for multiple revenue streams within a single development.

This property is exclusively listed by:

Imperium Brokerage Services, LLC, TX license #9001341

Stephen Schattner, principal, TX license #502217

972.385.1907 ext 301

2101 Cedar Springs Rd., Suite 1050

Dallas, TX 75201

Investment highlights

Zoning Land Use. The property is “Light Commercial” zoning. It is important to note that this property is the entry to the historic downtown district. The existing zoning for the property will likely not be changed and is consistent with the future land use plan.

Utilities.

  • Water: City - 8” pvc / 70 psi

  • Sewer: City -8” pvc

  • Storm: City / FEMA / Corp for wetlands - Open channel to river / no detention required

  • Electric: Tri County - 3-phase

  • Gas: Atmos - 4” poly, 30psi intermediate pressure on the west side of the bridge (south ROW) at the Hilton (1700 ft+/-)

  • Tel/Internet: Charter Spectrum - SMB CoAx 940gb download / 35gb upload (60 pair max) on property & fiber splice 100 gb with no limit to speed on the west side of the bridge (south ROW) at the Hilton (1700 ft+/-)

Current plans.

  • 2 minute walk to the nationally acclaimed Granbury downtown square with tram service

  • Located on and over the river with hellacious sunsets

  • 3 indoor-outdoor stages - simultaneous events with Nashville live music entertainers

  • 30,000 sf restaurant use with riverfront dining

  • Distillery | Brewery | Beer garden patio

  • Multi-restaurant venue - from rooftop fine dining to fast casual

  • Reserved dining and bonfires on the beach

  • Outdoor bars

  • Gourmet food trucks

  • Waterfront concerts and free movies (from the comfort of your raft or boat)

  • Dive-in theatre for innertube/jumbotron movie nights

  • 28 boat docks

  • Boat dock drive-thru and dockside service

  • Dance hall (lots of county)

  • Beach play area

  • Private, intimate VIP dining dock

  • Wedding chapel on the water

  • Boardwalks

  • Splash pads and kid/family-friendly activities

  • Firepits

  • Valet parking

  • Signalized intersection

  • Primary entry to the famous, historical downtown district

  • Major business highway frontage with access

  • All utilities

Listing Contacts

SS
TX TX 0502217
Imperium Holdings LP
Listed by Imperium Holdings LP

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Additional Information

Name
Stephen Schattner
License
TX 0502217
Brokerage
Imperium Brokerage Services, LLC
Brokerage Phone
9723851907
Brokerage Address
5851 Legacy Circle
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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