Three-Unit Storefront
102 W Main Street, Lewisville, TX 75057
For Sale
New
$1,111,111
CommercialSale, Lewisville, TX
Property Size4,325 SF
Lot Size0.10 Acres
Price / SF$256.90
Days on Market6
Property Features for 102 W Main Street
General Information
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Zoning description
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Subdivision
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Size
Lot size
Additional Details
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Corner Location
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Taxes and HOA fees
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Building Details
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Number of units
Flooring type
Building materials
Roof type
Buildings
Listing Agency:
Keller Williams Realty-FM
Listed By:
Janice James · License TX #0346418
(972) 874-1905
Added: Nov 8
Changed: Nov 10
Last Checked: Nov 13 at 10:06PM
MLS# 21424569
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.
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Investment Insights
Based on property information with market context.
This 4,325-square-foot brick storefront property dates to 1910 and occupies a 0.1-acre parcel. Its three-unit configuration includes two spaces on the ground floor and a large upper-level room with a small stage. The building has laminate, tile, carpet, and combination flooring, along with central and zoned heating options and a mix of cooling systems. An accessible approach ramp serves the property, and public water and sewer are connected.
The property is at 102 W Main Street in Lewisville, Texas. Eight private parking spaces are provided. The upper floor and divided layout offer distinct areas within the building, while the source notes a granted variance for boutique hotel use and grandfathered office use.
The property is at 102 W Main Street in Lewisville, Texas. Eight private parking spaces are provided. The upper floor and divided layout offer distinct areas within the building, while the source notes a granted variance for boutique hotel use and grandfathered office use.
Key Highlights
- 4,325‑square‑foot storefront building on a 0.1‑acre parcel
- Three units: two ground‑floor spaces and a large upper‑level room
- Upper floor includes a small stage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$80,069
Cap Rate
7.21%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,601,380
$1.6M
Cap Rate 7%
$1,143,843
$1.1M
Cap Rate 9%
$889,656
$889.7K
Market Conditions
NOI Build-Up for 4,325 SF
Gross rent
$142.7K $33.00/SF
− Vacancy
−$36.0K −$8.32/SF
EGI
$106.8K $24.68/SF
− OpEx
−$26.7K −$6.17/SF
NOI
$80.1K $18.51/SF
Area
Lewisville, TX
Vacancy
25.20%
Lease Rate
$33.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,601,380
Cap Rate 7%
$1,143,843
Cap Rate 9%
$889,656
Alternative Uses
Best Use
Office B
$1.14M
$1.00M – $1.33M
NOI $80,069 @ 7.0% cap · market cap 7.21%
Second Best
Retail
$993.1K
$869.0K – $1.16M
NOI $69,518 @ 7.0% cap · market cap 6.26%
Theoretical Best
Office A
$1.44M
$1.26M – $1.68M
NOI $100,935 @ 7.0% cap · market cap 9.08%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
3
Office units
100%
Occupancy
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,289
Businesses Nearby
Well-served
Demand for This Use
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Business Placement
Demographics for 75057, TX
16,001
Population
7,171
Households
2.2
Avg Household Size
31
Median Age
29%
College-Educated
83%
High-School Grad
13.3 sq mi
ZIP Area
1,203
Density / Sq Mi
$76,128
Median Household Income
$43,253
Median Earnings
$1,589
Median Rent
$208,500
Median Home Value
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Market
Average Price Trend$/SF for Storefront properties in Denton County, TX
Properties on Market for Storefront properties in Denton County
Vacancy Rate% for Office in South region
Similar Off Market Nearby
- DJ Flowers & Gifts — 533 TX-121 Suite B-3, Lewisville, TX 75067
- Andy's Floral Events — 155 W Main St STE 200, Lewisville, TX 75057
- Flourish flowers & gifts — 156 W Main St, Lewisville, TX 75057
- Frisby's Florist & Flower Delivery Lewisville TX — 120 e main st, lewisville, tx 75057
- Wishes Design Flower Shop — 896 N Mill St # 203, Lewisville, TX 75057
Frequently Asked Questions
What type of property is this?
Storefront property - A flexible layout includes two ground-floor spaces and a large upper-level room with a stage.
Where is this storefront property located?
The property is located at 102 W Main Street Lewisville, TX.
What is the asking price?
The asking price for this property is $1,111,111.
What are key features of this property?
This property features: 4,325‑square‑foot storefront building on a 0.1‑acre parcel; Three units: two ground‑floor spaces and a large upper‑level room; Upper floor includes a small stage
