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    Renovated Retail Property on Main Title is generated by Realmo AI

    118 S Main St, Weatherford, TX

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    Renovated retail property with great signage and visibility.

    Type:RETAIL
    Property size:
    2,500 SF
    Lot size:
    0.08 Acres
    Price / SF:
    $215/SF
    Added:
    May 21, 2025
    Days on Market:
    386
    Last Refresh:
    May 20 at 8:53 pm

    Property Features for 118 S Main St

    General Information

    Standard status
    Active
    Size
    2,500 SF
    Lot size
    0.08 Acres
    Property subtype
    RETAIL

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    Listing Contact
    William Underwood

    Listing agent William Underwood

    Listing office Team & Vasseur Commercial Real Estate

    Listing date May 21, 2025

    Source Moodyscre

    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 Team & Vasseur Commercial Real Estate

    HighLights

    • Completely renovated, ready for immediate occupancy.
    • Great signage and visibility, maximizing exposure.
    • Great owner/user opportunity, tailor the space to your needs.
    • Currently occupied by a month‑to‑month tenant.

    Overview

    This renovated retail property offers great signage and visibility. The property is currently occupied by a month-to-month tenant and presents an owner/user opportunity. The building has a size of 2,500 square feet.

    Local Financial Insights For 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 $60.3k $24.12
    − Vacancy −$2.8k −$1.13
    EGI $57.5k $22.99
    − OpEx −$17.2k −$6.90
    NOI $40.2k $16.09
    2,500 SF · lease $24.12/SF/yr · vacancy 4.70% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $574.7K
    $502.8K – $670.4K (±1% cap)
    NOI $40,226 @ 7.0% cap · market cap 7.46%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Industrial
    $2.48M
    $2.17M – $2.90M (±1% cap)
    NOI $173,891 @ 7.0% cap · market cap 32.26%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Flying Tire Bicycles (Bike/Boat/Book/etc) Store

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

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

    Similar Places Nearby

    • Weatherford Blooms — 122 Austin Ave, Weatherford, TX 76086
    • A Special Place Flowers-Gifts — 2602 fort worth hwy, weatherford, tx 76087
    • Girlfish — 132 York Ave, Weatherford, TX 76086

    Location Insight

    • Map
    • Local Demand
    City
    Weatherford
    County
    Parker
    State
    Texas
    Longitude
    -97.7978
    Latitude
    32.7578

    FAQs

    What type of property is this?
    Storefront property - Renovated retail property with great signage and visibility.
    Where is this storefront property located?
    The property is located at 118 S Main St Weatherford, TX.
    What is the asking price?
    The asking price for this property is $539,000.
    What are key features of this property?
    This property features: Completely renovated, ready for immediate occupancy.; Great signage and visibility, maximizing exposure.; Great owner/user opportunity, tailor the space to your needs.
    (817) 335-7575 Call to check price and availability
    More about this property
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