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Improved Commercial Land for Sale in Palestine, Texas

7469 S US Highway 79, Palestine, TX 75801

$459,000
1.7 acres
Active
$91k drop
Est $2,618/mo

This 3,282 sq. ft. restaurant, formerly Lafitte's Cajun Caf, is ready for its next chapter. Located on busy Hwy 79 just south of Palestine, TX, it offers endless possibilities--live music, pool tables, a vibrant bar, and multiple seating areas. Key features include two walk-in freezers, an office for seamless operations, and ample parking. The property is being sold as-is, with the buyer responsible for any necessary repairs or updates. With solid bones and a rich history, this is a rare opportunity to create something special in a high-visibility location. Imagine the possibilities!

3,282
Sq feet
1992
Built

Location

Street address
7469 S US Highway 79
School district
Palestine ISD
Elevation
340 feet
Coordinates
31.7064, -95.7147

Property details

Acreage
1.71 acres
Zoning
Highway Commercial
MLS #
PAR 100833
Posted

Property taxes

Recent
$4,426

Parcels

  • R0041970

Legal description

Details and features

Listing

Type
Commercial Sale

Exterior

Fencing
Fenced
Features
Fence

Structure

Heating
Central, Electric
Cooling
Central Air
Materials
Metal Siding
Roof
Metal

Listing history

DateEventPriceChangeSource
Jan 31, 2026Price drop$459,000$91,000 -16.5%PAR
Apr 17, 2025New listing$550,000PAR
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This 1.71-acre property is located at 7469 S US Highway 79 in Palestine, TX 75801. The property is available for sale for $459,000. It has a 3,282 sq ft structure built in 1992.

Checked 1 hour ago — Updated

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