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    Turnkey Bar and Entertainment Building Title is generated by Realmo AI

    1734 N Main Street, Paris, TX 75460

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    For Sale
    $700,000

    Metal building with full bar setup, stage, dance floor, and liquor license transfer for ongoing bar or event use.

    Type:Commercial
    Property size:
    41,012 SF
    Lot size:
    0.95 Acres
    Price / SF:
    $17/SF
    Added:
    Jun 3, 2026
    Days on Market:
    3
    Last Refresh:
    Jun 5 at 2:20 am

    Property Features for 1734 N Main Street

    General Information

    Standard status
    Active
    Size
    41,012 SF
    Lot size
    0.95 Acres
    Property subtype
    Commercial

    Building Details

    Year Built
    1997

    We can help!

    Listing Contact
    Jodie Downs

    Listing agent Jodie Downs License #0734888

    Listing office Greb Real Estate

    Listing date Jun 3, 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 Greb Real Estate

    HighLights

    • 4,836 SF metal building on approx. 0.945 acres at 1734 N Main Street, Paris, TX (built 1997).
    • Previously operated lounge/entertainment venue for 28 years; space suited for entertainment, restaurant, bar, or events.
    • Sale includes Texas liquor license transfer and the business.
    • Interior includes wood dance floor, stage, stage lighting, and stereo system throughout.
    • Bar setup includes tables with lounge seating (27), stocked walk‑in beer cooler, display and beer coolers, soda gun, and 2 ice wells.
    • Equipment included: 4 pool tables, shuffleboard, customer‑pay digital jukebox, TVs (2), change machine, cigarette machine, ATM, security cameras, and safe.

    Overview

    A metal building totaling 4,836 square feet sits on approximately 0.945 acres and is being offered as a turnkey operation. The interior is equipped for entertainment and guest service, with a wood dance floor, stage, stage lighting, and a stereo system throughout, plus a customer-pay digital jukebox. For games and lounge use, it includes four pool tables and shuffleboard, along with 27 tables with lounge seating and two TVs. The bar area is set up with bar stools, display coolers, beer coolers, a soda gun, two ice wells, and a stocked walk-in beer cooler. Designated men’s and women’s restrooms are also in place.

    The property is located at 1734 N Main Street in Paris, TX, approximately one-half mile from Highway 271 North. A large parking lot with steel parking bumpers supports customer access from North Main Street.

    This is well-suited for an operator seeking to continue the current bar and entertainment concept, with the included Texas Liquor License available for transfer. It also offers a practical option for a buyer looking to repurpose the space for another commercial use, supported by the existing built-in entertainment and bar infrastructure. Included with the sale are additional equipment such as change machines, a cigarette machine, ATM, and security camera system, along with office furnishings and select appliances.
    Location Intelligence

    Current Use by Public Records

    Sunset Lounge Bar & Pub

    Suggested Use

    Real Estate Agency Law Firm Restaurant Dental Office Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop Big Box & Wholesale Store Skin Care Clinic

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

    Similar Places Nearby

    • Cinemark Paris Movies 8 — 1225 NE Loop 286, Paris, TX 75460

    Location Insight

    • Map
    • Local Demand
    City
    Paris
    County
    Lamar
    State
    Texas
    Longitude
    -95.555197
    Latitude
    33.678013

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    FAQs

    What type of property is this?
    Bar & Pub - Metal building with full bar setup, stage, dance floor, and liquor license transfer for ongoing bar or event use.
    Where is this bar & pub located?
    The property is located at 1734 N Main Street Paris, TX.
    What is the asking price?
    The asking price for this property is $700,000.
    What are key features of this property?
    This property features: 4,836 SF metal building on approx. 0.945 acres at 1734 N Main Street, Paris, TX (built 1997).; Previously operated lounge/entertainment venue for 28 years; space suited for entertainment, restaurant, bar, or events.; Sale includes Texas liquor license transfer and the business.
    (903) 401-2939
    We can help!
    Listing Contact
    Jodie Downs
    Real Estate License ID: 0734888
    Learn More
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    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.

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