Historic Retail Building with Outdoor
5st-107 E Haning St Howe, TX 75459
5st-107 E Haning St, Howe, TX, 75459
$599,000
For Sale
$599,000
Landmark building with large storefront windows and three entrances, plus outdoor patio, garage, and loading dock.
Property Size3,300 SF
Price / SF$181.52
Days on Market14
Property Features for 5st-107 E Haning St
General Information
- Standard status
- Active
- Size
- 3,300 SF
Listing agency
United Real Estate DFW
(817) 360-8499
Listed by
Amy Gibbs · License #0716240
(817) 360-8499
Source
Exprealty
Added: Jul 10 Updated: Jul 22 at 1:25PM Checked: Jul 22 at 1:25PM
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 United Real Estate DFW
Investment Insights
Based on property information with market context.
A historic landmark dating back to the 1890s train-depot era, this building offers character and versatility for multiple commercial uses. The property includes original features such as authentic shiplap, vintage ceiling tiles, hardwood floors, and hand-forged nails, along with updated plumbing, electrical, and HVAC systems. Interior space and exterior area include an outdoor patio, garage, and loading dock, with large storefront windows and three separate entrances.
The flexible layout is suited for a bar, restaurant, retail shop, or office space. The building can also be subdivided into up to three individual units, creating multiple configuration and ownership options. One unit is currently an income-producing studio apartment available for onsite rental, with the ability to be reconfigured into business use if desired.
Showings require an appointment with overnight notice and must be scheduled outside of current business operating hours. Please do not approach or disturb employees with sales or viewing questions.
The flexible layout is suited for a bar, restaurant, retail shop, or office space. The building can also be subdivided into up to three individual units, creating multiple configuration and ownership options. One unit is currently an income-producing studio apartment available for onsite rental, with the ability to be reconfigured into business use if desired.
Showings require an appointment with overnight notice and must be scheduled outside of current business operating hours. Please do not approach or disturb employees with sales or viewing questions.
Key Highlights
- Landmark historic downtown Howe building dating to the 1890s train‑depot era
- Over 3,300 SF of interior space plus 2,200+ SF exterior space, including outdoor patio, garage, and loading dock
- Original features include authentic shiplap, vintage ceiling tiles, hardwood floors, and hand‑forged nails
Local Financial Insights For 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 | $82.4k | $24.96 |
| − Vacancy | −$4.1k | −$1.25 |
| EGI | $78.2k | $23.71 |
| − OpEx | −$23.5k | −$7.11 |
| NOI | $54.8k | $16.60 |
3,300 SF · lease $24.96/SF/yr · vacancy 5.00% · expense 30.00%
Alternative Uses
Best Use
Specialty Retail
$838.4K
$733.6K – $978.1K
NOI $58,687 @ 7.0% cap · market cap 9.80%
Second Best
Retail
$782.5K
$684.7K – $912.9K
NOI $54,775 @ 7.0% cap · market cap 9.14%
Theoretical Best
Hotel Hospitality
$1.69M
$1.48M – $1.98M
NOI $118,503 @ 7.0% cap · market cap 19.78%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Bars & Pubs
Similar For Sale Nearby
Similar Off Market Nearby
- Restautante.mexican — 919 farmington rd, howe, tx 75459
FAQs
What type of property is this?
Bar & Pub - Landmark building with large storefront windows and three entrances, plus outdoor patio, garage, and loading dock.
Where is this bar & pub located?
The property is located at 5st-107 E Haning St Howe, TX.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: Landmark historic downtown Howe building dating to the 1890s train‑depot era; Over 3,300 SF of interior space plus 2,200+ SF exterior space, including outdoor patio, garage, and loading dock; Original features include authentic shiplap, vintage ceiling tiles, hardwood floors, and hand‑forged nails
