Two-Story Event Venue with
101 Runnels De Kalb, TX 75559
New
101 Runnels, De Kalb, TX, 75559
$349,900
For Sale
$349,900
COMMERCIAL - DeKalb, TX
Property Size4,048 SF
Lot Size0.06 Acres
Price / SF$86.44
Days on Market3
Property Features for 101 Runnels
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Bathrooms
- 3
- Rooms
- Bathroom 3, Bathroom 1, Bathroom 2
- Parking
- 10
- Standard status
- Active
- Size
- 4,048 SF
- Lot size
- 0.06 Acres
Utilities
- Sewer type
- Public Sewer
- Heating system
- Electric (Heating)
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Floors in Building
- 2
- Number of units
- 2
- Flooring type
- Vinyl
- Building materials
- Brick
Listing Agency
Rip England Premier Realty LLC
(903) 628-1234
102 E Main St., Texarkana, TX
Listed by
Misty Toliver · License #TX 570909
(903) 748-3380
Added: Jul 18 Checked: Jul 20 at 4:06 pm
MLS# 200925
Copyright © 2026 Texarkana Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This two-story property has been beautifully restored and is designed for commercial event use, with a downstairs event space that accommodates 150–200 guests. The first floor includes a commercial kitchen, multiple restrooms, and a private room with its own kitchenette, along with wiring for internet and a PA system.
The second floor features a one-bedroom apartment with a private sidewalk entrance and staircase. Inside, the apartment includes a spacious bedroom with sitting area, a walk-in closet with stackable washer and dryer, a full bathroom, and a well-appointed kitchen with an eat-in bar and breakfast nook.
The property is currently used as an income-producing rental while also operating as a venue, offering flexible options for on-site living or additional revenue.
The second floor features a one-bedroom apartment with a private sidewalk entrance and staircase. Inside, the apartment includes a spacious bedroom with sitting area, a walk-in closet with stackable washer and dryer, a full bathroom, and a well-appointed kitchen with an eat-in bar and breakfast nook.
The property is currently used as an income-producing rental while also operating as a venue, offering flexible options for on-site living or additional revenue.
Key Highlights
- Two‑story commercial event venue with upstairs 1‑bedroom apartment, accessed by private sidewalk entrance and staircase
- Upstairs apartment has approx. 1,300 sq ft, including spacious bedroom with sitting area, walk‑in closet, full bath, and kitchen with eat‑in bar and breakfast nook
- Apartment includes stackable washer and dryer in the walk‑in closet and is currently used as an income‑producing rental
Local Financial Insights For Industrial
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $32.5k | $8.04 |
| − Vacancy | −$2.8k | −$0.68 |
| EGI | $29.8k | $7.36 |
| − OpEx | −$8.9k | −$2.21 |
| NOI | $20.8k | $5.15 |
4,048 SF · lease $8.04/SF/yr · vacancy 8.50% · expense 30.00%
Alternative Uses
Best Use
Specialty Retail
$1.03M
$899.9K – $1.20M
NOI $71,990 @ 7.0% cap · market cap 20.57%
Second Best
Industrial
$297.8K
$260.6K – $347.4K
NOI $20,846 @ 7.0% cap · market cap 5.96%
Theoretical Best
Hotel Hospitality
$3.05M
$2.67M – $3.56M
NOI $213,431 @ 7.0% cap · market cap 61.00%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Venice Pizza
Restaurant
Similar For Sale Nearby
FAQs
What type of property is this?
Wedding venue - Fully functional commercial event space on the first floor pairs with an upstairs one-bedroom apartment.
Where is this wedding venue located?
The property is located at 101 Runnels De Kalb, TX.
What is the asking price?
The asking price for this property is $349,900.
What are key features of this property?
This property features: Two‑story commercial event venue with upstairs 1‑bedroom apartment, accessed by private sidewalk entrance and staircase; Upstairs apartment has approx. 1,300 sq ft, including spacious bedroom with sitting area, walk‑in closet, full bath, and kitchen with eat‑in bar and breakfast nook; Apartment includes stackable washer and dryer in the walk‑in closet and is currently used as an income‑producing rental
