- For Sale $600,000
- Property Type Retail - Freestanding
- Property Size 4,593 SF
- Lot Size 24,829 SF
- # of Floors 1
- Parking Spaces Avail. 40
- Property Tenancy Single Tenant
- Building Class C
- Year Built 1970
- Year Renovated 2022
- Date Updated May 21, 2026
Description
Prime Commercial Opportunity | 2028 Paramount Blvd, Amarillo, TX
High-Visibility Restaurant & Value-Add Investment Opportunity
Positioned in the heart of Amarillo, this versatile property offers a unique opportunity for both savvy investors and owner-users.
Property Highlights & Recent Capital Improvements
This isn't just a standard "value-add" play; the heavy lifting on infrastructure has already been completed. Since 2020, the property has undergone significant mechanical and structural updates, ensuring long-term viability and reduced deferred maintenance costs:
- Roof: Modern, energy-efficient TPO Roof installation.
- Electrical: updated in 2022.
- Plumbing: Modernized throughout with durable PVC & PEX piping.
- Grease Trap: Brand new, high-capacity 1,000-gallon grease trap installed in 2025, meeting the highest standards for modern commercial kitchen requirements
Whether you choose to maintain the current lease for immediate cash flow or eventually transition the space for your own business, the recent upgrades to the grease trap, roof, and utilities provide a "plug-and-play" opportunity that is rare for properties in this price bracket.
False
Contacts
Keller Williams Realty Amarillo
Keller Williams Realty Amarillo