Historic Two-Story Restaurant
414 W Main St Waxahachie, TX 75165
414 W Main St, Waxahachie, TX, 75165
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For Sale
Contact for pricing
Two-story historic building operating as a cafe, offering flexible interior space, outdoor areas, and on-site parking with EV charging.
Property Size5,177 SF
Price / SF$289.74
Days on Market88
Property Features for 414 W Main St
General Information
- Standard status
- Active
- Size
- 5,177 SF
- Property subtype
- Retail, Office
Building Details
- Year Built
- 1887
Listing agency
Tero
(972) 777-4141
Listed by
Dustin Jordan · License #0661824
Source
Crexi
Added: Apr 25 Updated: Jul 20 at 8:20PM Checked: Jul 21 at 5:09AM
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 Tero
Investment Insights
Based on property information with market context.
Built c. 1887, this charming historic two-story building at 414 W Main St in Waxahachie, TX, currently operates as the White Rhino Cafe. The property has approximately 5,165 sq. ft. of flexible interior space with high ceilings and abundant natural light, plus multiple rooms and nooks that can support seating or workspace needs. Outdoor areas add additional utility, and the open layout includes existing plumbing and electrical infrastructure from the current restaurant operations, supporting tenant flexibility.
The building sits on a prominent corner along West Main Street in Waxahachie’s historic district, providing strong visibility and foot traffic. On-site parking is available, including EV charging, and the property is positioned close to downtown amenities.
With its historic character and adaptable interior configuration, the building offers conversion potential for professional office uses while preserving the original architectural appeal.
The building sits on a prominent corner along West Main Street in Waxahachie’s historic district, providing strong visibility and foot traffic. On-site parking is available, including EV charging, and the property is positioned close to downtown amenities.
With its historic character and adaptable interior configuration, the building offers conversion potential for professional office uses while preserving the original architectural appeal.
Key Highlights
- Historic two‑story commercial building at 414 W. Main St., Waxahachie, built in 1887
- Approximately 5,165 sq. ft. of flexible interior space with high ceilings and abundant natural light
- Currently operating as the White Rhino Cafe with existing plumbing and electrical infrastructure
Local 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 | $129.2k | $24.96 |
| − Vacancy | −$5.8k | −$1.12 |
| EGI | $123.4k | $23.84 |
| − OpEx | −$30.9k | −$5.96 |
| NOI | $92.6k | $17.88 |
5,177 SF · lease $24.96/SF/yr · vacancy 4.50% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$1.32M
$1.16M – $1.54M
NOI $92,552 @ 7.0% cap · market cap 6.17%
Second Best
Office B
$1.24M
$1.08M – $1.44M
NOI $86,596 @ 7.0% cap · market cap 5.77%
Theoretical Best
Multifamily LT 5
$56.49M
$49.43M – $65.90M
NOI $3,954,272 @ 7.0% cap · market cap 263.62%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Tesla Destination Charger
Electric Vehicle Charging Station
White Rhino Coffee
Cafe & Coffee Shop
Z&D Attic Insulation ...
Roofing Company
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- Hachie Nutrition Waxahachie — 315 W Main St Suite 15, Waxahachie, TX 75165
- Prickly Boba Waxahachie — 108 E Franklin St, Waxahachie, TX 75165
FAQs
What type of property is this?
Coffee shop - Two-story historic building operating as a cafe, offering flexible interior space, outdoor areas, and on-site parking with EV charging.
Where is this coffee shop located?
The property is located at 414 W Main St Waxahachie, TX.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Historic two‑story commercial building at 414 W. Main St., Waxahachie, built in 1887; Approximately 5,165 sq. ft. of flexible interior space with high ceilings and abundant natural light; Currently operating as the White Rhino Cafe with existing plumbing and electrical infrastructure
