Equipped Restaurant with Bar
For Sale
Contact for pricing
2404 13th St. #1&2, Brownsville, TX 78521
Equipped restaurant with bar, warehouse, and excellent location.
Property Size2,440 SF
Price / SF$184.43
Days on Market151
Property Features for 2404 13th St. #1&2
General Information
Standard status
Active
Size
2,440 SF
Property subtype
Retail, Industrial
Building Details
Year Built
1960
Listing Agency:
All Coastal Stars Realty, Inc.
Listed By:
Ludy Fisher, ABR, GRI, CNE, TAHS · License #TX
Source:
Crexi
Added: Mar 1
Changed: Jul 6
Last Checked: Jul 30 at 1:48PM
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 All Coastal Stars Realty, Inc.
Investment Insights
Based on property information with market context.
This property presents a business opportunity with an equipped restaurant featuring a large bar area and upgraded kitchen equipment, ready for immediate operation. The restaurant benefits from an excellent corner location with high traffic, visibility, and exposure, complemented by ample parking. Its proximity to the expressway enhances accessibility. Adjacent to the restaurant is a warehouse that can be used for storage or rented as an auto shop. The property offers potential for various business uses.
Key Highlights
- Equipped restaurant ready for immediate operation.
- Excellent corner location with high traffic count, visibility, and exposure.**
- Large bar area.
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 | $35.1k | $14.40 |
| − Vacancy | −$2.0k | −$0.81 |
| EGI | $33.2k | $13.59 |
| − OpEx | −$8.3k | −$3.40 |
| NOI | $24.9k | $10.20 |
2,440 SF · lease $14.40/SF/yr · vacancy 5.60% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$355.4K
$311.0K – $414.6K
NOI $24,876 @ 7.0% cap · market cap 5.53%
Second Best
Retail
$331.7K
$290.2K – $387.0K
NOI $23,218 @ 7.0% cap · market cap 5.16%
Theoretical Best
Healthcare Medical
$420.1K
$367.6K – $490.2K
NOI $29,409 @ 7.0% cap · market cap 6.54%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
954
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 78521, TX
88,708
Population
29,576
Households
3
Avg Household Size
32
Median Age
15%
College-Educated
62%
High-School Grad
93.7 sq mi
ZIP Area
947
Density / Sq Mi
$41,276
Median Household Income
$24,781
Median Earnings
$864
Median Rent
$90,500
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Equipped restaurant with bar, warehouse, and excellent location.
Where is this conventional restaurant located?
The property is located at 2404 13th St. #1&2 Brownsville, TX.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Equipped restaurant ready for immediate operation.; Excellent corner location with high traffic count, visibility, and exposure.**; Large bar area.
