Turnkey Wine & Beer
4645 Lamar Avenue Paris, TX 75462
4645 Lamar Avenue, Paris, TX, 75462
$575,000
For Sale
$575,000
Turnkey hospitality concept with full-service bar, functional kitchen, indoor/outdoor seating, and two restrooms at 4645 Lamar Avenue.
Property Size1,200 SF
Price / SF$479.17
Days on Market12
Property Features for 4645 Lamar Avenue
General Information
- Standard status
- Active
- Size
- 1,200 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1988
Listing Agency
Real Broker, LLC
(855) 450-0442
Listed by
Rene Jensen · License #0720823
(214) 532-6823
Source
Lonestarluxuryrealty
Added: Jul 7 Checked: Jul 17 at 5:47 am
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.
This turnkey wine and beer garden is set up for a hospitality business with both indoor and outdoor seating. The concept includes a full-service bar, a functional kitchen, and two restrooms, giving an operator the essentials to serve food and beverages and support scheduled programming.
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.
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 |
1,200 SF · lease $24.96/SF/yr · vacancy 5.00% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$304.9K
$266.8K – $355.7K
NOI $21,341 @ 7.0% cap · market cap 3.71%
Second Best
—
—
no second resolved use
Theoretical Best
Hotel Hospitality
$903.9K
$790.9K – $1.05M
NOI $63,270 @ 7.0% cap · market cap 11.00%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Mulberry Creek Nursery
Garden Center
Similar For Sale Nearby
Similar Off Market Nearby
- Darst Light Show — 1035 31st St SE, Paris, TX 75460
FAQs
What type of property is this?
Bar & Pub - Turnkey hospitality concept with full-service bar, functional kitchen, indoor/outdoor seating, and two restrooms at 4645 Lamar Avenue.
Where is this bar & pub located?
The property is located at 4645 Lamar Avenue Paris, TX.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: 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
