107 & 109 N Main St, Bryan, TX 77803
Turnkey bar and restaurant in revitalized Downtown Bryan.
- Added:
- Nov 20, 2024
- Days on Market:
- 569
- Last Refresh:
- May 12 at 8:44 pm
Property Features for 107 & 109 N Main St
General Information
- Standard status
- Active
- Size
- 11,666 SF
- Property subtype
- Retail
Listing agent Clinton Oldham License #TX555666
Listing office Oldham Goodwin Group Bryan / College Station
Listing date Nov 20, 2024
Source Crexi
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 Oldham Goodwin Group Bryan / College Station
HighLights
- Turnkey bar and restaurant property, move‑in ready.
- Located in the revitalized and bustling Downtown Bryan.
- Historic property, a pioneer in the Downtown Bryan revitalization.
- Operated as Murphy’s Law & Brauhaus since 2006.
- Completely renovated in 2006.
- Includes a modern steel structure and all new MEP systems.
Overview
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $210.0k | $18.00 |
| − Vacancy | −$13.6k | −$1.17 |
| EGI | $196.3k | $16.83 |
| − OpEx | −$49.1k | −$4.21 |
| NOI | $147.3k | $12.62 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- KinderHill Brew Lab — 800 S Bryan Ave, Bryan, TX 77803
- The 101 — 101 S Texas Ave, Bryan, TX 77803
- Charlie’s Bar & Lounge — 700 Finfeather Rd, Bryan, TX 77803
- Elia Cafe Tapas Bar — 202 S Bryan Ave, Bryan, TX 77803
- ATKM Taphouse — 112 S Main St, Bryan, TX 77803
Location Insight
- Map
- Local Demand
- City
- Bryan
- County
- Brazos
- State
- Texas
- Longitude
- -96.373793
- Latitude
- 30.673297