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    121 Oak St West, TX 76691

    For Sale
    $780,000

    Charming Tavern, 5000 sq ft, Huge Potential

    Property size:
    5,000 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    313
    This exceptional 5,000-square-foot property located at 121 E Oak Street in West, Texas, presents a rare opportunity to acquire a piece of local history. Built in 1903, this tavern boasts over 65 years of continuous family ownership and operation, creating a rich tapestry of stories and memories. The building's character is undeniable, with weathered wooden floors and ceilings transporting patrons to a bygone era. The expansive bar, complemented by gathering tables, pool tables, and games, has long served as a popular gathering place for locals and visitors alike. Featured in several publications throughout its history, Mynar's Bar offers a unique blend of charm and established clientele. The 0.16-acre lot provides ample space for potential expansion or outdoor seating. With its substantial square footage, the property's potential extends beyond its current use, offering a versatile space for a variety of businesses. The sale includes both the building and the established business. This is a truly remarkable opportunity to own a piece of West, Texas' vibrant heritage and capitalize on its established reputation. The asking price is $780,000.

    Property Features for 121 Oak St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    5,000 SF
    Lot Size
    6,970 SF

    Building Details

    Year Built
    1903
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    West
    County
    McLennan
    State
    Texas
    Longitude
    -97.09109
    Latitude
    31.80258

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    FAQs

    What type of property is this?
    Commercial real estate - Charming Tavern, 5000 sq ft, Huge Potential
    Where is this commercial real estate located?
    The property is located at 121 Oak St West, TX.
    What is the asking price?
    The asking price for this property is $780,000.
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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
    121 Oak St West, TX 76691
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