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    The Largest CRE Database in the US with Over 1 Million Listings

    300 E Main St Johnson City, TX 78636

    Sponsored
    For Sale
    $1,950,000

    Commercial Sale - Johnson City, TX

    Type:Apartment
    Lot size:
    0.22 Acres
    Days on Market:
    1
    Last Refresh:
    Feb 13 at 9:06 pm

    Property Features for 300 E Main St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Apartment
    Standard status
    Active
    Security features
    Security System
    Zoning
    C-1
    Parking features
    On Street
    Interior features
    Security System, Restroom-public, Inside Storage, Handicap Access, Business Opportunity
    Exterior features
    Fence, Outside Storage
    Fencing
    Fenced
    Accessibility
    Accessible Approach with Ramp
    Lot size
    0.22 Acres

    Utilities

    Heating system
    Central, Zoned (Heating)

    Building Details

    Roof type
    Metal
    Architectural style
    Other
    Additional Structures
    Storage

    We can help!

    Listing Contact
    David Chey Perrin
    David Chey Perrin

    Anders Realty (830) 868-4868

    Listing agent David Chey Perrin (830) 481-4444

    Listing date Feb 13, 2026

    MLS# 101713 Listing URL

    Copyright © 2026 Central Hill Country 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.

    Learn more

    Property Insight Report

    Overview

    Established Restaurant on Texas Wine Trail

    Located on Highway 290 in Johnson City, Texas, this established restaurant, bar, and catering business offers a turn-key opportunity for an investor, chef-owner, or hospitality group. The property is situated in the Texas Hill Country, a hub connecting Austin, San Antonio, and Marble Falls to the vineyards and distilleries on the Texas Wine Trail. The restaurant features a wood fire grill and a speakeasy-style bar with black and dark blue velvet decor and a curated craft cocktail program. The property includes a main restaurant with 112 indoor seats and 30 outdoor patio seats, plus a separate catering building with 68 indoor seats and a small outdoor patio. There are two full kitchens: a main restaurant kitchen optimized for dine-in service and bar operations, and a rear catering kitchen designed for on-site and off-site catering, banquets, and special events. The catering building has the potential to be branded and operated as a separate establishment. Outdoor spaces include a main restaurant patio and a covered catering patio suitable for private events, tastings, or weddings. An additional space above the catering kitchen includes a three-room office/apartment with a full bathroom and kitchenette. The business has multiple revenue streams, including full-service restaurant and bar, on and off-site catering, and private events and celebrations. The lot size is 0.22 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Bars

    Suggested Use

    Real Estate Agency Restaurant Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Pharmacy

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

    Similar Places Nearby

    Jamaican Jerk Food, LLC, Cast Iron Punk

    Location Insight

    • Map
    • Local Demand
    City
    Johnson City
    County
    Blanco
    State
    Texas
    Longitude
    -98.4095774
    Latitude
    30.2765132

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    FAQs

    What type of property is this?
    Restaurant - Turn-key restaurant, bar, and catering business opportunity in Johnson City.
    Where is this restaurant located?
    The property is located at 300 E Main St Johnson City, TX.
    What is the asking price?
    The asking price for this property is $1,950,000.
    What are key features of this property?
    This property features: - Turn-key restaurant, bar, and catering business opportunity with a 10-year established reputation on the Texas Wine Trail.; - Multiple revenue streams from full-service restaurant and bar, on and off-site catering, and private events.; - Prime location on Highway 290 in Johnson City, a hub connecting major Texas cities to the Texas Wine Trail.
    (281) 795-9161
    Request Owner's contact information
    300 E Main St Johnson City, TX 78636
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    Johnson City, TX 78636
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    300 E Main St Johnson City, TX 78636
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    We can help!
    Listing Contact
    David Chey Perrin
    David Chey Perrin
    (281) 795-9161 (830) 481-4444 (830) 868-4868
    Learn more
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