Bar Near Stockyards For
3203 N Main Street Fort Worth, TX 76106
For Sale
$998,000
Bar with equipment and parking near Fort Worth Stockyards.
Property Size1,800 SF
Price / SF$554.44
Days on Market97
Property Features for 3203 N Main Street
General Information
- Standard status
- Active
- Size
- 1,800 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1986
Listing Agency:
Rico Realty
(817) 239-5150
Listed By:
Francisco Rico · License #0494804
(817) 239-5150
Source:
Signaturere
Added: Apr 22
Changed: Jul 10
Last Checked: Jul 17 at 10:08AM
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 Rico Realty
Investment Insights
Based on property information with market context.
This property, currently operating as a bar, is located within walking distance of the Stockyards and minutes from downtown Fort Worth. The sale includes two properties: 3203 Main St and 3207 Main St. The property features gaming machines, a pool table, and bar equipment. The property size is 1800 square feet and offers parking.
Key Highlights
- Prime location: Walking distance to the Stockyards and minutes from downtown Fort Worth.
- Includes two properties: 3203 Main St and 3207 Main St.
- Existing bar setup: Ready for a new owner to operate.
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 | $43.4k | $24.12 |
| − Vacancy | −$2.1k | −$1.16 |
| EGI | $41.3k | $22.96 |
| − OpEx | −$10.3k | −$5.74 |
| NOI | $31.0k | $17.22 |
1,800 SF · lease $24.12/SF/yr · vacancy 4.80% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$442.8K
$387.5K – $516.7K
NOI $30,999 @ 7.0% cap · market cap 3.11%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$653.9K
$572.1K – $762.8K
NOI $45,770 @ 7.0% cap · market cap 4.59%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
El Caballo Blanco
Bar & Pub
La Rielera Taqueria
Restaurant
Similar Off Market Nearby
- El Caballo Blanco — 3203 N Main St, Fort Worth, TX 76106
- El Tamaulipas Bar — 3616 N Main St, Fort Worth, TX 76106
- Palomaresfany2 — 3209 N Main St, Fort Worth, TX 76106
- La Potranka SportBar — 3124 N Main St, Fort Worth, TX 76106
- Bodegueee — 3108 N Main St, Fort Worth, TX 76106
FAQs
What type of property is this?
Bar & Pub - Bar with equipment and parking near Fort Worth Stockyards.
Where is this bar & pub located?
The property is located at 3203 N Main Street Fort Worth, TX.
What is the asking price?
The asking price for this property is $998,000.
What are key features of this property?
This property features: Prime location: Walking distance to the Stockyards and minutes from downtown Fort Worth.; Includes two properties: 3203 Main St and 3207 Main St.; Existing bar setup: Ready for a new owner to operate.
