Bar Property with On-Site
For Sale
$898,000
3203 N Main St, Fort Worth, TX 76106
Existing bar property offering parking and a combined commercial opportunity across two Main Street addresses.
Property Size1,800 SF
Price / SF$498.89
Days on Market70
Property Features for 3203 N Main St
General Information
Standard status
Active
Size
1,800 SF
Building Details
Year Built
1986
Buildings
2
Listing Agency:
Rico Realty
Listed By:
Francisco Rico · License #0494804
(817) 239-5150
Source:
Yourdavisteam
Added: Aug 5
Changed: Oct 5
Last Checked: Oct 7 at 2:04PM
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 commercial bar property includes 1,800 square feet and was built in 1986. The offering covers two properties at 3203 Main St and 3207 Main St, with on-site parking and a total site area of almost half an acre.
The property is within walking distance of the Stock Yard and a short drive from downtown Fort Worth. Its existing bar use provides a defined commercial setting for an owner seeking a property with established physical improvements and parking.
The property is within walking distance of the Stock Yard and a short drive from downtown Fort Worth. Its existing bar use provides a defined commercial setting for an owner seeking a property with established physical improvements and parking.
Key Highlights
- Bar property totaling 1,800 square feet
- Sale includes 3203 Main St and 3207 Main St
- Almost half an acre
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,999
Cap Rate
3.45%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$619,980
$620.0K
Cap Rate 7%
$442,843
$442.8K
Cap Rate 9%
$344,433
$344.4K
Market Conditions
NOI Build-Up for 1,800 SF
Gross rent
$43.4K $24.12/SF
− Vacancy
−$2.1K −$1.16/SF
EGI
$41.3K $22.96/SF
− OpEx
−$10.3K −$5.74/SF
NOI
$31.0K $17.22/SF
Area
Fort Worth, TX
Vacancy
4.80%
Lease Rate
$24.12 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$619,980
Cap Rate 7%
$442,843
Cap Rate 9%
$344,433
Alternative Uses
Best Use
Specialty Retail
$442.8K
$387.5K – $516.7K
NOI $30,999 @ 7.0% cap · market cap 3.45%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$653.9K
$572.1K – $762.8K
NOI $45,770 @ 7.0% cap · market cap 5.10%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
615
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 76106, TX
36,521
Population
11,543
Households
3.2
Avg Household Size
30
Median Age
6%
College-Educated
54%
High-School Grad
14.5 sq mi
ZIP Area
2,519
Density / Sq Mi
$53,486
Median Household Income
$31,419
Median Earnings
$1,179
Median Rent
$167,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
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Similar Off Market Nearby
- El Caballo Blanco — 3203 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
- Palomaresfany2 — 3209 N Main St, Fort Worth, TX 76106
- El Tamaulipas Bar — 3616 N Main St, Fort Worth, TX 76106
Frequently Asked Questions
What type of property is this?
Bar & Pub - Existing bar property offering parking and a combined commercial opportunity across two Main Street addresses.
Where is this bar & pub located?
The property is located at 3203 N Main St Fort Worth, TX.
What is the asking price?
The asking price for this property is $898,000.
What are key features of this property?
This property features: Bar property totaling 1,800 square feet; Sale includes 3203 Main St and 3207 Main St; Almost half an acre
