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Restaurant Building with Kitchen Space

400 N Houston Avenue Pottsboro, TX 75021

New
400 N Houston Avenue, Pottsboro, TX, 75021
$1,400,000
For Sale
$1,400,000

SINGLE_FAMILY - Pottsboro, TX

Property Size9,646 SF
Lot Size0.42 Acres
Price / SF$145.14
Days on Market3

Property Features for 400 N Houston Avenue

General Information

Property type
Residential
Property subtype
Retail
Security features
Security
Accessibility
Accessible Approach with Ramp
Standard status
Active
APN
153572
Lot size
0.42 Acres

Utilities

Sewer type
Public Sewer
Heating system
Electric (Heating)
Cooling system
Electric, Ceiling Fan(s), Central Air
Water source
Public

Building Details

Year built
1990
Floors in Building
1
Number of units
1
Flooring type
Wood, Carpet, Vinyl, Tile, Laminate, Concrete
Building materials
Frame, MetalSiding, WoodSiding
Roof type
Asphalt
Listing agency Keller Williams Realty DPR
Listed by Stacey Davidson · License #183892
Added: Jul 20 Updated: Jul 21 at 1:21PM Checked: Jul 22 at 5:06AM
MLS# 21329115

Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This versatile commercial property is approximately 9,646 square feet and was formerly used as a church before being converted into a restaurant. The building includes a dining area, a bar, and kitchen-ready restaurant space, along with multiple additional rooms that can be used as offices, storage, meeting rooms, or expanded business space.

The property is located at 400 N Houston Avenue in Pottsboro, Texas, and includes ample parking to support day-to-day operations and customer visits.

With its flexible interior layout, the space can accommodate restaurant functions as well as a range of other commercial uses such as retail, office, event, or service-based operations.

Key Highlights

  • Approximately 9,646 SF commercial building in Pottsboro, formerly a church and converted for restaurant use
  • Dining area plus bar and kitchen‑ready restaurant space
  • Flexible interior includes multiple additional rooms for offices, storage, meeting rooms, or expanded business space

Local Financial Insights For Industrial

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 $78.7k $8.16
− Vacancy −$6.9k −$0.72
EGI $71.8k $7.44
− OpEx −$21.5k −$2.23
NOI $50.2k $5.21
9,646 SF · lease $8.16/SF/yr · vacancy 8.80% · expense 30.00%

Alternative Uses

Best Use
Specialty Retail
$2.45M
$2.14M – $2.86M (±1% cap)
NOI $171,544 @ 7.0% cap · market cap 12.25%
Second Best
Industrial
$717.8K
$628.1K – $837.5K (±1% cap)
NOI $50,249 @ 7.0% cap · market cap 3.59%
Theoretical Best
Hotel Hospitality
$4.95M
$4.33M – $5.77M (±1% cap)
NOI $346,388 @ 7.0% cap · market cap 24.74%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Isalis (Bike/Boat/Book/etc) Store Party City Party Supply Store Skunk Funk Big Box & Wholesale Store Carl's Trading Co Hat Shop Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store

Suggested Use

Dental Office Real Estate Agency Hair Salon Law Firm Spa & Massage Center Electrical Service Skin Care Clinic Furniture & Home Goods Kitchen & Bath Showroom Pharmacy

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

FAQs

What type of property is this?
Conventional restaurant - Converted church-to-restaurant building with dining and bar space plus kitchen-ready commercial kitchen and multiple flexible rooms.
Where is this conventional restaurant located?
The property is located at 400 N Houston Avenue 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: Approximately 9,646 SF commercial building in Pottsboro, formerly a church and converted for restaurant use; Dining area plus bar and kitchen‑ready restaurant space; Flexible interior includes multiple additional rooms for offices, storage, meeting rooms, or expanded business space
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