Historic Mixed-Use
For Sale
$549,000
107 E Haning Street #5ST 5ST, Howe, TX 75459
Flexible commercial space with storefront glazing, three entrances, and updated building systems in downtown Howe.
Property Size3,300 SF
Price / SF$166.36
Days on Market87
Property Features for 107 E Haning Street #5ST 5ST
General Information
Standard status
Active
Size
3,300 SF
Additional Details
Patio
Yes
Amenities
garage
loading dock
Building Details
Buildings
1
Listing Agency:
United Real Estate DFW
(817) 360-8499
Listed By:
Amy Gibbs · License #0716240
(720) 839-5447
Source:
Dallashighrisecondo
Added: Jul 20
Changed: Oct 7
Last Checked: Oct 12 at 8:27PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of United Real Estate DFW
Investment Insights
Based on property information with market context.
This mixed-use property at 107 E Haning Street in Howe combines historic detailing with updated infrastructure. The building provides over 3,300 square feet of interior space, plus more than 2,200 square feet of exterior area encompassing a patio, garage, and loading dock. Shiplap walls, vintage ceiling tiles, hardwood flooring, and hand-forged nails preserve its connection to Howe’s 1890s train-depot era, while updated plumbing, electrical, and HVAC support contemporary occupancy.
Large storefront windows and three separate entrances create a flexible configuration for bar, restaurant, retail, or office use. The layout may be divided into as many as three individual units. One section includes a studio apartment that can generate onsite rental income or be converted to commercial space. The property is located in Historic Downtown Howe, TX, and showings require advance scheduling outside current business hours.
Large storefront windows and three separate entrances create a flexible configuration for bar, restaurant, retail, or office use. The layout may be divided into as many as three individual units. One section includes a studio apartment that can generate onsite rental income or be converted to commercial space. The property is located in Historic Downtown Howe, TX, and showings require advance scheduling outside current business hours.
Key Highlights
- Over 3,300 SF of interior space with more than 2,200 SF of exterior area
- Exterior area includes an outdoor patio, garage, and loading dock
- Updated plumbing, electrical, and HVAC systems
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$32,670
Cap Rate
5.95%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$653,400
$653.4K
Cap Rate 7%
$466,714
$466.7K
Cap Rate 9%
$363,000
$363.0K
Market Conditions
NOI Build-Up for 3,300 SF
Gross rent
$59.4K $18.00/SF
− Vacancy
−$7.1K −$2.16/SF
EGI
$52.3K $15.84/SF
− OpEx
−$19.6K −$5.94/SF
NOI
$32.7K $9.90/SF
Area
Grayson County, TX
Vacancy
12.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$653,400
Cap Rate 7%
$466,714
Cap Rate 9%
$363,000
Alternative Uses
Best Use
Mixed Use
$466.7K
$408.4K – $544.5K
NOI $32,670 @ 7.0% cap · market cap 5.95%
Second Best
—
—
no second resolved use
Theoretical Best
Hotel Hospitality
$1.69M
$1.48M – $1.98M
NOI $118,503 @ 7.0% cap · market cap 21.59%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1
Businesses Nearby
Explore this area
Business Placement
Demographics for 75459, TX
5,556
Population
2,448
Households
2.3
Avg Household Size
34
Median Age
23%
College-Educated
85%
High-School Grad
81.8 sq mi
ZIP Area
68
Density / Sq Mi
$71,458
Median Household Income
$42,462
Median Earnings
$1,264
Median Rent
$248,500
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Flexible commercial space with storefront glazing, three entrances, and updated building systems in downtown Howe.
Where is this mixed-use property located?
The property is located at 107 E Haning Street #5ST 5ST Howe, TX.
What is the asking price?
The asking price for this property is $549,000.
What are key features of this property?
This property features: Over 3,300 SF of interior space with more than 2,200 SF of exterior area; Exterior area includes an outdoor patio, garage, and loading dock; Updated plumbing, electrical, and HVAC systems
