Three-Building Mixed-Use Retail
331 E Main Street Lewisville, TX 75057
For Sale
$995,000
Sale includes three buildings with kitchens, baths, HVAC, and Old Town Mixed Use 2 zoning for flexible retail uses.
Property Size3,272 SF
Price / SF$304.10
Days on Market226
Property Features for 331 E Main Street
General Information
- Standard status
- Active
- Size
- 3,272 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1965
Listing Agency:
Fathom Realty, LLC
(940) 205-3649
Listed By:
Sandra Flowers · License #0641045
(940) 205-3649
Source:
Xome
Added: Dec 9, 2025
Changed: Jul 23
Last Checked: Jul 23 at 6:10PM
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 Fathom Realty, LLC
Investment Insights
Based on property information with market context.
This sale includes two parcels and three total buildings located at 331 and 325 E Main Street. Both 331 E Main and 325 E Main are described as having multiple rooms plus kitchens and bathrooms, and each is zoned Old Town Mixed Use 2, with zoning suitability to be verified with city guidelines. The third building is a metal shop equipped with HVAC. The included buildings are being sold together as a single offering.
The properties are positioned at a busy intersection with high visibility along Main Street, with proximity to the I-35 E and Business 121 corridor noted in the listing. Important zoning documents are available at the transaction desk.
Per the information provided, the combined offering includes 331 E Main (1,090 sf), 325 E Main (2,182 sf), plus the metal HVAC-equipped shop. All information is deemed reliable but not guaranteed and should be verified by the buyer and buyer’s agent.
The properties are positioned at a busy intersection with high visibility along Main Street, with proximity to the I-35 E and Business 121 corridor noted in the listing. Important zoning documents are available at the transaction desk.
Per the information provided, the combined offering includes 331 E Main (1,090 sf), 325 E Main (2,182 sf), plus the metal HVAC-equipped shop. All information is deemed reliable but not guaranteed and should be verified by the buyer and buyer’s agent.
Key Highlights
- Three buildings are sold together: 331 E Main St (1,090 SF), 325 E Main St (2,182 SF), plus a metal HVAC‑equipped shop.
- Both 331 and 325 E Main St include multiple rooms, kitchens, and bathrooms.
- Central air cooling is available, and the property includes HVAC on the third building.
Financial Insights For 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 | $78.9k | $24.12 |
| − Vacancy | −$3.8k | −$1.16 |
| EGI | $75.1k | $22.96 |
| − OpEx | −$22.5k | −$6.89 |
| NOI | $52.6k | $16.07 |
3,272 SF · lease $24.12/SF/yr · vacancy 4.80% · expense 30.00%
Alternative Uses
Best Use
Retail
$751.3K
$657.4K – $876.6K
NOI $52,593 @ 7.0% cap · market cap 5.29%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.09M
$954.5K – $1.27M
NOI $76,361 @ 7.0% cap · market cap 7.67%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Storefront properties
Similar Off Market Nearby
- Wishes Design Flower Shop — 896 N Mill St # 203, Lewisville, TX 75057
- DJ Flowers & Gifts — 533 TX-121 Suite B-3, Lewisville, TX 75067
- Frisby's Florist & Flower Delivery Lewisville TX — 120 e main st, lewisville, tx 75057
- Andy's Floral Events — 155 W Main St STE 200, Lewisville, TX 75057
- Flourish flowers & gifts — 156 W Main St, Lewisville, TX 75057
FAQs
What type of property is this?
Storefront property - Sale includes three buildings with kitchens, baths, HVAC, and Old Town Mixed Use 2 zoning for flexible retail uses.
Where is this storefront property located?
The property is located at 331 E Main Street Lewisville, TX.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: Three buildings are sold together: 331 E Main St (1,090 SF), 325 E Main St (2,182 SF), plus a metal HVAC‑equipped shop.; Both 331 and 325 E Main St include multiple rooms, kitchens, and bathrooms.; Central air cooling is available, and the property includes HVAC on the third building.
