Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Historic Restaurant & Event Venue Title is generated by Realmo AI

    115 Compress Street, Pittsburg, TX 75686

    View on Map
    Claim this Listing
    New
    For Sale
    $225,000

    Once-thriving restaurant and event venue with historic significance.

    Type:Commercial
    Property size:
    5,409 SF
    Price / SF:
    $41/SF
    Added:
    Jun 1, 2026
    Days on Market:
    2
    Last Refresh:
    Jun 1 at 3:03 am

    Property Features for 115 Compress Street

    General Information

    Standard status
    Active
    Size
    5,409 SF
    Property subtype
    Commercial

    Building Details

    Year Built
    1900

    We can help!

    Listing Contact
    SONYA Barker

    Listing agent SONYA Barker

    Listing office Texas Ally Real Estate Group

    Listing date Jun 1, 2026

    Source Signaturere

    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 Texas Ally Real Estate Group

    HighLights

    • Historic building with distinctive character and charm.
    • Full‑service kitchen suitable for restaurant or event venue.
    • Two fully equipped bars.
    • Flexible indoor and outdoor seating for various event sizes.
    • Venue hosted diverse events: live music, themed nights, weddings, corporate meetings.
    • Site of historic significance: Birthplace of Pilgrims Pride and the start of modern chicken industry in Northeast Texas.

    Overview

    This property, a once-thriving restaurant and event venue, is housed in a beautifully preserved historic building. It was a cornerstone of the community, known for great food, lively entertainment, and unforgettable gatherings. The property's distinctive character and recognized historic charm created an atmosphere that blended nostalgia with modern hospitality. Inside, guests enjoyed a full-service kitchen known for its creative menus and warm, attentive service. Two fully equipped bars kept the energy high, whether during a casual evening out or a packed weekend event. The venue hosted a vibrant calendar of activities throughout the year, including live music, themed entertainment nights, wine-pairing classes, dance lessons, and seasonal celebrations that drew regulars and newcomers alike. Beyond its day-to-day dining, the space served as a beloved event destination. Flexible indoor and outdoor seating accommodated intimate gatherings or large celebrations. The building stands as a reminder of its lively past, a place where memories were made, milestones were celebrated, and the community came together. The property has a size of 5409 square feet. This site is the birthplace of Pilgrims Pride and the start of the modern chicken industry in Northeast Texas.
    Location Intelligence

    Current Use by Public Records

    Bars & Pubs

    Suggested Use

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

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

    Similar Places Nearby

    • Starbucks — 102 N Greer Blvd, Pittsburg, TX 75686
    • Anvil Brewing — 115 Compress St, Pittsburg, TX 75686
    • Racks, Daqz, and Axe — 205 N Greer Blvd, Pittsburg, TX 75686

    Location Insight

    • Map
    • Local Demand
    City
    Pittsburg
    County
    Camp
    State
    Texas
    Longitude
    -94.9673101
    Latitude
    32.9964098

    Nearby Similar for Sale

    • $1,350,000
      12,600 SF

      Commercial Building on Loop 179

      High-visibility commercial building with showroom, office, and warehouse space.
      1081 Loop 179, Pittsburg, TX 75686
      View Details
    • $879,000
      4,944 SF

      Historic Pittsburg Commercial Building

      4,944 SF commercial building in Pittsburg's Main Street District.
      123 Quitman Street, Pittsburg, TX 75686
      View Details
    • $229,000
      6,900 SF

      Versatile Commercial Facility in Pittsburg, TX

      6,900 SF commercial facility with redevelopment potential.
      204 Quitman Street, Pittsburg, TX 75686
      View Details
    • $1,350,000
      4,134 SF

      East Texas Estate with Pool

      Luxury 5-bedroom home on 7.41 acres with pool.
      2320 W Highway 11, Pittsburg, TX 75686
      View Details
    • $349,000
      3,831 SF

      Historic Main Street Retail Building

      3,831 SF commercial building in Pittsburg's historic Main Street District.
      102 Quitman Street, Pittsburg, TX 75686
      View Details
    • $899,000
      3,880 SF

      Luxury Estate with Private Lake

      Stunning 4-bedroom estate on nearly 9 acres with lake.
      6 County Road 1215, Pittsburg, TX 75686
      View Details
    • $219,000
      5,000 SF

      Versatile Commercial Property in Pittsburg, TX

      Adaptable commercial space suitable for diverse business operations.
      141 E Marshall, Pittsburg, TX 75686
      View Details
    • $219,000
      5,000 SF

      Versatile Commercial Property in Pittsburg, TX

      5,000 sq ft commercial property ideal for diverse business uses.
      141 E Marshall, Pittsburg, TX 75686
      View Details
    • $1,500,000
      4,134 SF

      East Texas Estate with Resort-Style Pool

      Luxury 5-bedroom home on 24+ acres near Pittsburg.
      2320 W Hwy 11, Pittsburg, TX 75686
      View Details
    • $159,000
      1,984 SF

      Historic Pittsburg Commercial Building For Sale

      1,984 SF commercial building in Pittsburg's historic Main Street District.
      125 Quitman Street, Pittsburg, TX 75686
      View Details
    • $1,500,000
      4,123 SF

      East Texas Luxury Estate

      50-acre estate with main house, shop, and studio apartment.
      166 CR 2112, Pittsburg, TX 75686
      View Details
    • $149,000
      3,300 SF

      Downtown Pittsburg Building For Sale

      Commercial building in Pittsburg, Texas, suitable for retail or office.
      112 Quitman, Pittsburg, TX 75686
      View Details

    FAQs

    What type of property is this?
    Bar & Pub - Once-thriving restaurant and event venue with historic significance.
    Where is this bar & pub located?
    The property is located at 115 Compress Street Pittsburg, TX.
    What is the asking price?
    The asking price for this property is $225,000.
    What are key features of this property?
    This property features: Historic building with distinctive character and charm.; Full‑service kitchen suitable for restaurant or event venue.; Two fully equipped bars.
    (903) 767-0808
    We can help!
    Listing Contact
    SONYA Barker
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    115 Compress Street, Pittsburg, TX 75686
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!