Building Details

Year built 1918

Floors in Building 2

Number of units 1

Flooring type Concrete, Wood, Laminate

Building materials Brick, Block, Concrete

Roof type Tar/Gravel

Listing Agency: DMM REAL ESTATE SERVICES, LLC Show Phone

Listed By: David Montgomery · License #0430539 Show Phone

Added: Nov 2 Last Checked: Nov 3 at 3:06PM

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MLS# 20848893

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Investment Insights

Based on property information with market context.

This furnished restaurant space contains more than 2,600 square feet, with seating for up to 70 people. The interior has copper ceilings and an Americana-style design, along with three bathrooms and a private office. Restaurant equipment is included. The building dates to 1918 and has central heating and air conditioning, with concrete, wood, and laminate flooring.

The property is at 204 Clay Street in downtown Nocona, with open and on-street parking. A bar is located next door. Public water and sewer serve the property.

Key Highlights

• More than 2,600 square feet with seating for up to 70
• Furnishings and restaurant equipment included
• Three bathrooms and one private office

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Law Firm Building Supply HVAC Service Pharmacy Real Estate Agency Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)

Lease Type

Location Intelligence

Trade Area within ½ mile

289

Businesses Nearby

29k

Monthly Visits Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 67% Dining 21% Home Improvements & Furnishings 12%

SONIC Drive In Dining

6,025 visits/mo 0.3 miles

Dollar General Shops & Services

4,888 visits/mo 0.4 miles

Family Dollar Shops & Services

4,414 visits/mo 0.4 miles

Conoco Shops & Services

3,897 visits/mo 0.3 miles

Ace Hardware Home Improvements & Furnishings

3,540 visits/mo 0.1 miles

Demographics for 76255, TX

5,448

Population

3,113

Households

1.8

Avg Household Size

46

Median Age

20%

College-Educated

84%

High-School Grad

276.3 sq mi

ZIP Area

20

Density / Sq Mi

$55,052

Median Household Income

$35,858

Median Earnings

$740

Median Rent

$158,400

Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020

6.2% 2021

5.1% 2022

4.8% 2023

4.9% 2024

5.4% 2025

Frequently Asked Questions

What type of property is this?

Conventional restaurant - Restaurant premises include furnishings and equipment, with seating arranged for a range of dining services.

Where is this conventional restaurant located?

The property is located at 204 Clay Street Nocona, TX.

What is the lease rate?

The lease rate is $1,150/Mo.

What are key features of this property?

This property features: More than 2,600 square feet with seating for up to 70; Furnishings and restaurant equipment included; Three bathrooms and one private office