$399,900
( $292.75Per Sq Foot )
 $2,147 est/mo Sourced by Back At You

1619 Main St,Junction, TX 78028

Junction, TX 78028

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Description

TURNKEY RESTAURANT, REAL ESTATE, BUSINESS & EQUIPMENT INCLUDED! Rare opportunity to own one of the Texas Hill Country's most recognizable restaurants. The Milky Way is a long-established, profitable business offering real estate, equipment, furnishings, and goodwill all included in the sale. Ideally located on busy Junction Highway with excellent visibility, easy access, and strong traffic exposure, this iconic property has served generations of loyal customers and remains a local landmark. Originally established in the 1950s as a classic drive-in diner, The Milky Way combines nostalgic charm with a proven business model and is fully operational, allowing a new owner to step in and continue immediately. Features include a loyal customer base, strong community presence, ample parking, and immediate income potential, with opportunities to expand through catering, delivery, events, or extended hours. Ideal for an owner-operator or investor seeking an established business with history, profitability, and growth potential. Financial information available to qualified buyers.

Details

MLS #124626
Listing TypeFor Sale
StyleShopping Center
Sub-TypeResale
StatusActive
Days On Site80
Listing Provided ByFore Premier Properties | Lisa McGehee

Features

SQ Feet1,366
Story(s)1
Units1
ZoningNONE
Acreage0.36
Water FrontYes

Area Information

StateTX
CountyKimble
CityJunction
Zip Code78028
AreaKimble County
Community NameWestern Addn (KMBL)
Elementary SchoolJunction
Listing VS Median (in Western Addn (KMBL))
Price:
$399,900
low | high
Med:
$399,900
50% of Average
sqft:
1,366
low | high
Med:
1,366
50% of Average
$ / sqft:
$293
low | high
Med:
$293
50% of Average
On site:
80
low | high
Med:
80
100% of Average
Sourced by Back At You

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Learn More About This Property

StateTX
CountyKimble
CityJunction
Zip Code78028
AreaKimble County
Community NameWestern Addn (KMBL)
Elementary SchoolJunction
Listing VS Median (in Western Addn (KMBL))
Price:
$399,900
low | high
Med:
$399,900
50% of Average
sqft:
1,366
low | high
Med:
1,366
50% of Average
$ / sqft:
$293
low | high
Med:
$293
50% of Average
On site:
80
low | high
Med:
80
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $299K - $499K
sqft: 1,000 - 1,500
Nearby Listings Property ImageNearby Listings Details
248 N Travis St Property Photo 1
$339,000
248 N Travis St
Kerrville, TX 78028
Listing Updated: July 28, 2026 at 9:40:34 AM PDT
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