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    Restaurant in Historic Whitewright Building Title is generated by Realmo AI

    112 W Grand Street, Whitewright, TX 75491

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    For Sale
    $525,000

    2500 SF restaurant in downtown Whitewright, Texas for sale.

    Type:Commercial
    Property size:
    2,500 SF
    Price / SF:
    $210/SF
    Added:
    Apr 22, 2026
    Days on Market:
    52
    Last Refresh:
    Apr 22 at 5:18 pm

    Property Features for 112 W Grand Street

    General Information

    Standard status
    Active
    Size
    2,500 SF
    Property subtype
    Commercial

    Building Details

    Year Built
    1911

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    Listing Contact
    Sheri Kent

    Listing agent Sheri Kent

    Listing office DFW Elite

    Listing date Apr 22, 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 DFW Elite

    HighLights

    • 2500 SF Restaurant Space in Downtown Whitewright
    • High Foot Traffic Location Next to Odeum Theater
    • Historic Brick Building Built in 1911
    • Authentic Rustic Decor with Original Metal Ceilings
    • Full Bar and Drink Station
    • Full Kitchen with Additional Work Station

    Overview

    This 2500 square foot restaurant is located in downtown Whitewright. The property is housed in a brick building constructed in 1911. The building is situated next to the Odeum Theater on one side and a martial arts building on the other, which generates a positive amount of foot traffic. The interior features antique brick walls and rustic decor. Original ornate metal ceiling tiles are present above the complete seating area, full bar, and drink station. The restaurant includes his and hers restrooms and a full kitchen with an additional workstation. Staff parking is available in the back alley. The current business, Tejas Mexican Grill, has been family-owned and operated for over 10 years and is open Wednesday through Sunday. The space offers ample opportunity to add a special touch to accommodate your style.

    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 $62.4k $24.96
    − Vacancy −$3.1k −$1.25
    EGI $59.3k $23.71
    − OpEx −$14.8k −$5.93
    NOI $44.5k $17.78
    2,500 SF · lease $24.96/SF/yr · vacancy 5.00% · expense 25.00%

    Alternative Uses

    Best Use
    Specialty Retail
    $635.1K
    $555.8K – $741.0K (±1% cap)
    NOI $44,460 @ 7.0% cap · market cap 8.47%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Hotel Hospitality
    $1.28M
    $1.12M – $1.50M (±1% cap)
    NOI $89,775 @ 7.0% cap · market cap 17.10%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Tejas Mexican Grill Restaurant

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Whitewright
    County
    Grayson
    State
    Texas
    Longitude
    -96.3931081
    Latitude
    33.5129949

    FAQs

    What type of property is this?
    Conventional restaurant - 2500 SF restaurant in downtown Whitewright, Texas for sale.
    Where is this conventional restaurant located?
    The property is located at 112 W Grand Street Whitewright, TX.
    What is the asking price?
    The asking price for this property is $525,000.
    What are key features of this property?
    This property features: 2500 SF Restaurant Space in Downtown Whitewright; High Foot Traffic Location Next to Odeum Theater; Historic Brick Building Built in 1911
    More about this property
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