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    1201 Main St Allen, TX 75002

    Sponsored
    For Sale
    $400,000

    Business - Allen, TX

    Type:Business
    Property size:
    5,600 SF
    Lot size:
    0.13 Acres
    Days on Market:
    18
    Last Refresh:
    Jan 9 at 3:06 am

    Property Features for 1201 Main St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Business
    Standard status
    Active
    APN
    0000
    Size
    5,600 SF
    Lot size
    0.13 Acres

    Utilities

    Heating system
    Central
    Cooling system
    Central Air

    Building Details

    Year built
    1985
    Flooring type
    Concrete, Tile, Tile - Ceramic
    Building materials
    Brick, Concrete, Frame
    Architectural style
    Other

    United Real Estate - Dallas (972) 372-0590 [email protected]

    Listing agent Ramez Morris (972) 372-0590 License #0641722

    Listing date Dec 23, 2025

    MLS# 21134249 Listing URL

    Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Established Hookah Lounge Business Opportunity

    A fully operational and well-established hookah lounge business, in operation since February 2022, is available for acquisition. The business occupies a 5,600 square foot building constructed in 2002, featuring open parking and a strong local presence. The business operates under a NNN lease with a monthly rent of $5,000, extending through February 2027, with renewal options and no rent escalations. Lease documents are available for review. Monthly operating expenses include approximately $1,500 for hookah tobacco, $3,000 for food, and $300 for insurance. The tenant is responsible for utilities, including water, electricity, and internet. The business is staffed with 4 employees and has no deferred maintenance. The sale encompasses inventory and equipment valued at approximately $200,000. The business is owned by an LLC and has no HOA, liens, or legal issues. The seller is offering the business for sale to focus on other professional ventures. Trailing 1-4 weeks P&L, tax bills, and lease documentation are available upon request. The property is located in Allen, Texas, within Collin County, and has a lot size of 0.1286 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Chasing Vapes & Smoke ... Vaporizer Store High-5 Sports & Logos Custom T-Shirt Store Coconut Hill Indian ... Indian Grocery Store BCBS in Allen Corporate Office Hookah House Allen Hookah Bar

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Hookah House Allen

    Location Insight

    • Map
    • Local Demand
    City
    Allen
    County
    Collin
    State
    Texas
    Longitude
    -96.640756
    Latitude
    33.100845

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    FAQs

    What type of property is this?
    Bar - Profitable hookah lounge business for sale in Allen, Texas.
    Where is this bar located?
    The property is located at 1201 Main St Allen, TX.
    What is the asking price?
    The asking price for this property is $400,000.
    What are key features of this property?
    This property features: - Fully operational hookah lounge, established since February 2022.; - Favorable NNN lease through February 2027 with renewal options; $5,000 monthly rent.; - Sale includes approximately $200,000 in inventory and equipment.
    (972) 372-0590
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

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    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1201 Main St Allen, TX 75002
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