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    202 Main St Paradise, TX 76073

    For Lease
    $2,000 /Mo ($2 SF/Yr)

    Retail - Paradise, TX

    Type:Retail
    Lot size:
    0.21 Acres
    Days on Market:
    261
    Last Refresh:
    Dec 5 at 1:06 am

    Property Features for 202 Main St

    General Information

    Property type
    Other
    Property subtype
    Retail
    Standard status
    Active
    APN
    S2255035800
    Parking features
    Open
    Lot size
    0.21 Acres

    Utilities

    Heating system
    Central, Natural Gas
    Cooling system
    Central Air, Electric

    Building Details

    Year built
    1965
    Flooring type
    Concrete, Tile, Tile - Ceramic
    Building materials
    Brick
    Roof type
    Metal
    Architectural style
    Other

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

    Listing agent Shams Rangwala (972) 372-0590 License #0656205

    Listing date Mar 20, 2025

    MLS# 20851195 Listing URL

    Copyright © 2025 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

    Restaurant Ready Retail Space

    This restaurant-ready retail space is located on the corner of Main Street and W 2nd, just feet away from busy Hwy 114 in Paradise, TX. The property is situated less than a mile from the high school and its sports complex, as well as within walking distance of the post office and city office. The building is mostly equipped to start a restaurant business. The main dining area seats 94, with an additional private dining area accommodating approximately 30. There are three restrooms. The property includes four 5-ton AC units and one 3-ton AC unit, along with two 125,000 BTU gas furnaces and two 20k electric units with heat strips in the back kitchen, which measures 33 x 19. The restaurant area is 48 x 33 and features a 10 x 15 walk-in cooler. The property also includes two private dining areas, an office, 3-phase and single-phase electric power, and natural gas. The lot size is 0.207 acres and provides ample parking. New subdivisions are currently under construction in the area. This property presents a golden opportunity in the fast-growing City of Paradise and is suitable for restaurant and retail use.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Beans & Taters Restaurant

    Suggested Use

    Realty agency Restaurant Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop Skin Care Clinic Hotel & Motel

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

    Similar Places Nearby

    Addie Cakes & Lily Pies

    Location Insight

    • Map
    • Local Demand
    City
    Paradise
    County
    Wise
    State
    Texas
    Longitude
    -97.688192
    Latitude
    33.152011

    FAQs

    What type of property is this?
    Restaurant - Restaurant-ready retail space in Paradise, near Hwy 114 and new subdivisions.
    Where is this restaurant located?
    The property is located at 202 Main St Paradise, TX.
    What is the lease rate?
    The lease rate is $2 SF/Yr.
    What are key features of this property?
    This property features: - Restaurant Ready: Equipped to start a restaurant business immediately.; - High-Traffic Location: Corner lot on Main & W 2nd, near busy Hwy 114.; - High Growth Area: Located in the fast-growing City of Paradise, with new subdivisions being built.
    (972) 372-0590
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    Paradise, TX 76073
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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

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    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
    202 Main St Paradise, TX 76073
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