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4553 Lake Felton Pkwy, Waco, TX, 76705

1beds
4baths
5,184sqft
$675,000
$130price/sqft
$5,392/moest. monthly cost
$215,680/yrincome needed

About This Home

Exceptional turnkey restaurant and entertainment venue opportunity! Trading House Bar & Grill is fully equipped and ready for immediate operation, offering a complete bar & grill setup with commercial-grade grills, fryers, prep stations, walk-in freezer, serving areas, tables, chairs, and furnishings included in the sale. This established setup provides everything needed to continue restaurant operations from day one, making it an outstanding opportunity for an owner-operator, investor, or hospitality entrepreneur. The property is designed to create a true destination atmosphere with a spacious outdoor seating and gathering area along with a dedicated outdoor bandstand, stage ideal for live music, special events, weekend entertainment, and community gatherings. Excellent potential for restaurant service, bar operations, live entertainment, private events, and expanded hospitality concepts. Conveniently located just down the road from the lake, the property benefits from added traffic and visibility from lake visitors, outdoor enthusiasts, and weekend travelers. Sale includes restaurant equipment, furnishings, and operational essentials, offering a rare ready-to-go business opportunity with strong entertainment appeal and future growth potential. An attached 1 bedroom, 1 bath residence is also included, providing convenient onsite living quarters for an owner or manager. Lake Felton Parkway is FM 2957

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
24
BikeSomewhat Bikeable

Schools

6/10
Mart Elementary SchoolGrades PK-66.8 mi
5/10
Mart High SchoolGrades 7-126.7 mi

Construction

Condition

  • Year built: 1969

Materials

  • Foundation: Other,Slab
  • Roof: Metal

Type & Style

  • Home type: SingleFamily
  • Architectural style: Detached
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dryer,Dishwasher,Gas Cooktop,Gas Oven,Gas Range,Gas Water Heater,Ice Maker,Range,Refrigerator,Some Commercial Grade,Vented Exhaust Fan
  • Laundry features: Common Area,Dryer Hookup,ElectricDryer Hookup

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 4
  • Full bathrooms: 1
  • 1/2 bathrooms: 3

Features

  • Wet Bar,Built-in Features,Decorative/Designer Lighting Fixtures,High Speed Internet,In-Law Floorplan,Open Floorplan,Other,Pantry,Cable TV,Natural Woodwork,Wired for Sound
  • Window features: Window Coverings

Heating & Cooling

  • Heating features: Central,Electric
  • Cooling features: Central Air,Ceiling Fan(s),Gas

Interior Area

  • Total interior livable area: 5,184 sqft

Living Room

  • Level: First
  • Dimensions: 11 x 11

Master Bedroom

  • Level: First
  • Dimensions: 11 x 10

Property

Accessibility

  • Accessibility features: Accessible Approach with Ramp,Accessible Entrance

Details

  • Parcel number: 260043000129033
  • Attached to another structure: Yes

Features

  • Levels: One
  • Stories: 1
  • Pool features: None
  • Patio & porch: Awning(s),Covered,Deck
  • Exterior features: Awning(s),Deck,Fire Pit,Lighting
  • Fencing: Partial

Lot

  • Lot size: 1.39 Acres

Parking

  • Total spaces: 3
  • Parking features: Additional Parking,Boat,Carport,Direct Access,Driveway,Inside Entrance,Kitchen Level,On Site,Parking Lot
  • Has garage: Yes
  • Covered spaces: 3
  • Carport: Yes
  • Carport spaces: 3