Open-Air Bar with Covered
New
For Sale
Contact for pricing
116 S Broadway St, La Porte, TX 77571
A covered canopy and slab provide outdoor space for seating and events.
Property Size1,000 SF
Lot Size0.32 Acres
Price / SF$500
Days on Market4
Property Features for 116 S Broadway St
General Information
Standard status
Active
Size
1,000 SF
Lot size
0.32 Acres
Property subtype
RETAIL
Restaurant
Patio
Yes
Equipment Included
Yes
Liquor License
No
Additional Details
Furnished
Yes
Business Included
Yes
Utilities to Site
Yes
Building Details
Year Built
2021
Buildings
1
Listing Agency:
Myhan Realty LLC
Listed By:
Kate Myhan · License #0719484
(713) 855-0588
Source:
Moodyscre
Added: Oct 26
Changed: Oct 28
Last Checked: Oct 28 at 4:21PM
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 Myhan Realty LLC
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Battleground Saloon is an open-air bar built in 2021 in Historic Downtown La Porte. The approximately 1,000-square-foot building occupies a 14,000-square-foot lot and includes a covered canopy and slab for outdoor seating and events. General commercial zoning applies, and the property has public water and sewer service, gas, and electric service.
The business and real estate may be acquired separately or together. The business offering includes furniture, fixtures, equipment, the name and goodwill, and inventory at closing. Buyers are responsible for obtaining their own TABC permits.
The business and real estate may be acquired separately or together. The business offering includes furniture, fixtures, equipment, the name and goodwill, and inventory at closing. Buyers are responsible for obtaining their own TABC permits.
Key Highlights
- Open‑air bar built in 2021
- Approximately 1,000 SF building on a 14,000 SF lot
- 113 ft of frontage on S Broadway
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,513
Cap Rate
2.90%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$290,260
$290.3K
Cap Rate 7%
$207,329
$207.3K
Cap Rate 9%
$161,256
$161.3K
Market Conditions
NOI Build-Up for 1,000 SF
Gross rent
$20.5K $20.52/SF
− Vacancy
−$1.2K −$1.17/SF
EGI
$19.4K $19.35/SF
− OpEx
−$4.8K −$4.84/SF
NOI
$14.5K $14.51/SF
Area
Harris County, TX
Vacancy
5.70%
Lease Rate
$20.52 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$290,260
Cap Rate 7%
$207,329
Cap Rate 9%
$161,256
Alternative Uses
Best Use
Specialty Retail
$207.3K
$181.4K – $241.9K
NOI $14,513 @ 7.0% cap · market cap 2.90%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$273.1K
$238.9K – $318.6K
NOI $19,114 @ 7.0% cap · market cap 3.82%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
93
Businesses Nearby
7k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 95%
Hotels & Casinos 5%
Shell
Shops & Services
6,362 visits/mo
0.2 miles
Days Inn & Suites by Wyndham La Porte
Hotels & Casinos
304 visits/mo
0.3 miles
Demographics for 77571, TX
37,018
Population
14,428
Households
2.6
Avg Household Size
38
Median Age
19%
College-Educated
89%
High-School Grad
37.1 sq mi
ZIP Area
998
Density / Sq Mi
$83,795
Median Household Income
$50,441
Median Earnings
$1,328
Median Rent
$220,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Bar & Pub - A covered canopy and slab provide outdoor space for seating and events.
Where is this bar & pub located?
The property is located at 116 S Broadway St La Porte, TX.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: Open‑air bar built in 2021; Approximately 1,000 SF building on a 14,000 SF lot; 113 ft of frontage on S Broadway
