4645 Lamar Avenue Paris, TX 75462
Turnkey hospitality concept with full-service bar, functional kitchen, indoor/outdoor seating, and two restrooms at 4645 Lamar Avenue.
Property Features for 4645 Lamar Avenue
General Information
- Standard status
- Active
- Size
- 1,200 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1988
Listing office Real Broker, LLC (855) 450-0442
Listing date Jul 7, 2026
Source Lonestarluxuryrealty
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 Real Broker, LLC
Investment Insights
Based on property information with market context.
The property’s spacious outdoor area is designed for gatherings and special events, with room for activities such as pickleball and cornhole tournaments, plus options for live music, movie nights, private parties, and community celebrations. The remarks also describe multiple revenue angles, including private event rentals, food and beverage sales, and food truck space for other special events.
For a buyer or operator looking to continue the current concept or bring a new vision, the layout supports both everyday service and event-driven use. With indoor capacity to complement the outdoor gathering space, and on-site functionality for bar service and food preparation, this is positioned as a ready-to-operate hospitality property. The offering is for sale at 4645 Lamar Avenue, Paris, TX 75462.
Key Highlights
- Turnkey hospitality concept at 4645 Lamar Avenue built in 1988
- Indoor and outdoor seating with a full‑service bar and functional kitchen
- Includes two restrooms for guest use
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 | $30.0k | $24.96 |
| − Vacancy | −$1.5k | −$1.25 |
| EGI | $28.5k | $23.71 |
| − OpEx | −$7.1k | −$5.93 |
| NOI | $21.3k | $17.78 |
Alternative Uses
Property Analytics
Current Use by Public Records
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