Single-Story Mixed-Use
For Sale
Contact for pricing
400 Houston Street, Pottsboro, TX 75076
Adaptable interior includes dining, bar, kitchen-ready, office, meeting, storage, and private-dining areas.
Property Size9,646 SF
Price / SF$145.14
Days on Market71
Property Features for 400 Houston Street
General Information
Standard status
Active
Size
9,646 SF
Total Parking Spaces
50
Property subtype
Mixed Use, Hospitality, Business for Sale
Zoning
Mixed, Office, Real Commercial
Additional Details
Utilities to Site
Yes
Sprinkler System
Yes
Amenities
central HVAC
security system
natural gas
Building Details
Year Built
1990
Year Renovated
2025
Buildings
1
Stories
1
Units
1
Tenancy
Single
Listing Agency:
KW Commercial
Listed By:
Stacey Davidson · License #183892
(214) 263-5419
Source:
Crexi
Added: Aug 14
Changed: Oct 16
Last Checked: Oct 20 at 7:38PM
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 KW Commercial
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Investment Insights
Based on property information with market context.
This 9,646-square-foot, single-story commercial building combines restaurant-oriented improvements with a flexible interior configuration. The property includes an established dining area, bar, kitchen-ready space, and multiple additional rooms suited to offices, private dining, meetings, storage, or expanded operations. It was built in 1990 and includes 15–20-foot ceiling heights, central HVAC, fire sprinkler protection, and security systems.
City water and sewer serve the property, with natural gas availability also noted. Additional asphalt parking supports the building. The zoning is identified as Mixed, Office, Real Commercial. Previous restaurant conversion work and the existing layout support consideration of restaurant, retail, office, event venue, service business, and owner-user concepts.
City water and sewer serve the property, with natural gas availability also noted. Additional asphalt parking supports the building. The zoning is identified as Mixed, Office, Real Commercial. Previous restaurant conversion work and the existing layout support consideration of restaurant, retail, office, event venue, service business, and owner-user concepts.
Key Highlights
- 9,646‑square‑foot single‑story commercial building
- 15–20‑foot ceiling heights
- Dining area, bar, and kitchen‑ready space in place
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$95,495
Cap Rate
6.82%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,909,900
$1.9M
Cap Rate 7%
$1,364,214
$1.4M
Cap Rate 9%
$1,061,056
$1.1M
Market Conditions
NOI Build-Up for 9,646 SF
Gross rent
$173.6K $18.00/SF
− Vacancy
−$20.8K −$2.16/SF
EGI
$152.8K $15.84/SF
− OpEx
−$57.3K −$5.94/SF
NOI
$95.5K $9.90/SF
Area
Grayson County, TX
Vacancy
12.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,909,900
Cap Rate 7%
$1,364,214
Cap Rate 9%
$1,061,056
Alternative Uses
Best Use
Specialty Retail
$2.45M
$2.14M – $2.86M
NOI $171,544 @ 7.0% cap · market cap 12.25%
Second Best
Mixed Use
$1.36M
$1.19M – $1.59M
NOI $95,495 @ 7.0% cap · market cap 6.82%
Theoretical Best
Hotel Hospitality
$4.95M
$4.33M – $5.77M
NOI $346,388 @ 7.0% cap · market cap 24.74%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Sprinkler system
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
226
Businesses Nearby
Explore this area
Business Placement
Demographics for 75076, TX
8,057
Population
4,361
Households
1.8
Avg Household Size
50
Median Age
21%
College-Educated
93%
High-School Grad
50.3 sq mi
ZIP Area
160
Density / Sq Mi
$76,644
Median Household Income
$41,274
Median Earnings
$1,337
Median Rent
$241,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Adaptable interior includes dining, bar, kitchen-ready, office, meeting, storage, and private-dining areas.
Where is this mixed-use property located?
The property is located at 400 Houston Street Pottsboro, TX.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: 9,646‑square‑foot single‑story commercial building; 15–20‑foot ceiling heights; Dining area, bar, and kitchen‑ready space in place
