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Bar Space with Patio
For Sale
$299,999

213 E Main Street, Waxahachie, TX 75165

Built-out hospitality space with an outdoor patio and available furniture, fixtures, and equipment.

Property Size1,425 SF
Price / SF$210.53
Days on Market50

Property Features for 213 E Main Street

General Information

Standard status Active
Size 1,425 SF
Property subtype Retail

Amenities

Charming Patio
gathering space

Building Details

Year Built 1900
Listing Agency: Park Place Real Estate
Listed By: Kelly Horton · License #0418194
Source: Lonestarluxuryrealty
Added: Aug 19 Changed: Sep 23 Last Checked: Oct 7 at 1:30PM

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 Park Place Real Estate

Investment Insights

Based on property information with market context.

This 1,425-square-foot bar property dates to 1900 and is configured as a built-out micro winery and gathering space. The premises include a charming patio, with furniture, fixtures, and equipment available for continued operations or repositioning.

The property is located at 213 E Main Street in downtown Waxahachie, within the historic Waxahachie Square area. Its existing hospitality-oriented layout provides a foundation for an owner-operator, investor, or hospitality group seeking a bar-focused commercial property.

Key Highlights

  • 1,425‑square‑foot bar property
  • Built‑out micro winery and gathering space
  • Outdoor patio included

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$25,476
Cap Rate
8.49%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$509,520 $509.5K
Cap Rate 7%
$363,943 $363.9K
Cap Rate 9%
$283,067 $283.1K
Market Conditions
NOI Build-Up for 1,425 SF
Gross rent
$35.6K $24.96/SF
− Vacancy
−$1.6K −$1.12/SF
EGI
$34.0K $23.84/SF
− OpEx
−$8.5K −$5.96/SF
NOI
$25.5K $17.88/SF
Area
Ellis County, TX
Vacancy
4.50%
Lease Rate
$24.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$509,520
Cap Rate 7%
$363,943
Cap Rate 9%
$283,067

Alternative Uses

Best Use
Specialty Retail
$363.9K
$318.5K – $424.6K (±1% cap)
NOI $25,476 @ 7.0% cap · market cap 8.49%
Second Best
Retail
$337.9K
$295.7K – $394.2K (±1% cap)
NOI $23,653 @ 7.0% cap · market cap 7.88%
Theoretical Best
Multifamily LT 5
$15.55M
$13.61M – $18.14M (±1% cap)
NOI $1,088,437 @ 7.0% cap · market cap 362.81%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Cork House Winery Brewery & Distillery Law Offices of Dan ... Corporate Office

Suggested Use

Top Pick Dental Office Parking Lot & Garage (Bike/Boat/Book/etc) Store Carpet & Flooring Store Locksmith Electrical Service

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

Location Intelligence

Trade Area within ½ mile

1,182
Businesses Nearby
20k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 95% Home Improvements & Furnishings 5%
Dollar Tree Shops & Services
14,876 visits/mo 0.4 miles
Sunoco Shops & Services
2,209 visits/mo 0.1 miles
Valvoline Express Care Shops & Services
1,872 visits/mo 0.4 miles
Rent A Center Home Improvements & Furnishings
898 visits/mo 0.4 miles

Demographics for 75165, TX

49,805
Population
18,940
Households
2.6
Avg Household Size
36
Median Age
28%
College-Educated
90%
High-School Grad
118.0 sq mi
ZIP Area
422
Density / Sq Mi
$84,780
Median Household Income
$45,677
Median Earnings
$1,473
Median Rent
$308,100
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

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Similar Off Market Nearby

  • Southern Roots Brewing Co. - Waxahachie — 421 S College St, Waxahachie, TX 75165
  • Prime 115 — 114 S Rogers St, Waxahachie, TX 75165
  • Big Al’s Down The Hatch — 200 S Rogers St, Waxahachie, TX 75165
  • The Texas Theater — 110 W Main St, Waxahachie, TX 75165
  • Cork & Keg — 106 N College St, Waxahachie, TX 75165

Frequently Asked Questions

What type of property is this?
Bar & Pub - Built-out hospitality space with an outdoor patio and available furniture, fixtures, and equipment.
Where is this bar & pub located?
The property is located at 213 E Main Street Waxahachie, TX.
What is the asking price?
The asking price for this property is $299,999.
What are key features of this property?
This property features: 1,425‑square‑foot bar property; Built‑out micro winery and gathering space; Outdoor patio included
More about this property
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