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Established Hookah Lounge and Restaurant

301 E Virginia Street, McKinney, TX 75069

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For Sale

$300,000

Profitable hookah lounge and restaurant business in vibrant downtown McKinney.

Type:Commercial

Property size:

1,530 SF

Price / SF:

$196/SF

Listing Contact

Hayman Shwan

HighLights

High‑traffic location in downtown McKinney
Established business with strong income generation
Excellent customer service reflected in Google reviews
Loyal customer base
Ideal for owner‑operator
Financial documentation available

Learn more

For Sale

$300,000

Profitable hookah lounge and restaurant business in vibrant downtown McKinney.

Type:Commercial

Property size:

1,530 SF

Price / SF:

$196/SF

Added:: Apr 22, 2026
Days on Market:: 50
Last Refresh:: Apr 22 at 5:16 pm

Property Features for 301 E Virginia Street

General Information

Standard status: Active
Size: 1,530 SF
Property subtype: Commercial

Building Details

Year Built: 2016

We can help!

Listing Contact

Hayman Shwan

Listing agent Hayman Shwan

Listing office Competitive Edge Realty LLC

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 Competitive Edge Realty LLC

HighLights

High‑traffic location in downtown McKinney
Established business with strong income generation
Excellent customer service reflected in Google reviews
Loyal customer base
Ideal for owner‑operator
Financial documentation available

Overview

This is an established hookah lounge and light restaurant business located in a busy area of downtown McKinney. The business is 1,530 square feet and generates income. It has a solid, loyal customer base and is highly rated for its customer service, as reflected in Google reviews. Financial documentation is available.

Local Financial Insights For Specialty Retail

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$36.9k	$24.12
− Vacancy	−$1.8k	−$1.16
EGI	$35.1k	$22.96
− OpEx	−$8.8k	−$5.74
NOI	$26.3k	$17.22

1,530 SF · lease $24.12/SF/yr · vacancy 4.80% · expense 25.00%

Alternative Uses

Best Use

Specialty Retail

$376.4K

$329.4K – $439.2K (±1% cap)

NOI $26,349 @ 7.0% cap · market cap 8.78%

Second Best

—

no second resolved use

Theoretical Best

Office A

$430.1K

$376.4K – $501.8K (±1% cap)

NOI $30,110 @ 7.0% cap · market cap 10.04%

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

Location Intelligence

Current Use by Public Records

Amoré Lounge Cafe ... Bar & Pub En Fuego Tobacco ... (Bike/Boat/Book/etc) Store Foxiis Restaurant and Bar Bar & Pub Revive Church Church Mauceri Bynum Insurance Insurance Agency

Suggested Use

Similar Places Nearby

The Pub McKinney — 204 W Virginia St, McKinney, TX 75069
Cadillac Pizza Pub — 112 S Kentucky St, McKinney, TX 75069
The Garage — 100 E Louisiana St, McKinney, TX 75069
Room One Eleven — 111 E Virginia St, McKinney, TX 75069
Front Row Music — 100 E Louisiana St STE 1, McKinney, TX 75069

Location Insight

Map
Local Demand

City: McKinney
County: Collin
State: Texas
Longitude: -96.6131727
Latitude: 33.1981923

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For sale
Bars & Pubs
TX
McKinney
75069
301 E Virginia Street

What type of property is this?

Bar & Pub - Profitable hookah lounge and restaurant business in vibrant downtown McKinney.

Where is this bar & pub located?

The property is located at 301 E Virginia Street McKinney, TX.

What is the asking price?

The asking price for this property is $300,000.

What are key features of this property?

This property features: High‑traffic location in downtown McKinney; Established business with strong income generation; Excellent customer service reflected in Google reviews

301 E Virginia Street, McKinney, TX 75069

Profitable hookah lounge and restaurant business in vibrant downtown McKinney.

Property Features for 301 E Virginia Street

General Information

Building Details

We can help!

HighLights

Overview

Local Financial Insights For Specialty Retail

Simulate Cap Rate and NOI

Alternative Uses

Current Use by Public Records

Suggested Use

Similar Places Nearby

Location Insight

Nearby Similar for Sale

Turnkey Furnished Office Suites

Retail Condo with Spa Lease

Remodeled Retail Office Building

Fully Furnished Office Suites

Three-Suite Professional Office Building

Modern Farmhouse Office Building

Turnkey Medical Office Double Suite

Class A Office Condo

Medical Office Condo Building

Standalone Shell Retail Building

Flex Car Wash Facility

Creative Office with Covered Patio

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