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    Downtown Bryan Bar and Restaurant Title is generated by Realmo AI

    107 & 109 N Main St, Bryan, TX 77803

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    Turnkey bar and restaurant in revitalized Downtown Bryan.

    Type:Retail
    Property size:
    11,666 SF
    Price / SF:
    $153/SF
    Added:
    Nov 20, 2024
    Days on Market:
    569
    Last Refresh:
    May 12 at 8:44 pm

    Property Features for 107 & 109 N Main St

    General Information

    Standard status
    Active
    Size
    11,666 SF
    Property subtype
    Retail

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    Listing Contact
    Clinton Oldham

    Listing agent Clinton Oldham License #TX555666

    Listing office Oldham Goodwin Group Bryan / College Station

    Listing date Nov 20, 2024

    Source Crexi

    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 Oldham Goodwin Group Bryan / College Station

    HighLights

    • Turnkey bar and restaurant property, move‑in ready.
    • Located in the revitalized and bustling Downtown Bryan.
    • Historic property, a pioneer in the Downtown Bryan revitalization.
    • Operated as Murphy’s Law & Brauhaus since 2006.
    • Completely renovated in 2006.
    • Includes a modern steel structure and all new MEP systems.

    Overview

    Located at 107 & 109 N Main Street, this historic property has operated as Murphy’s Law & Brauhaus since 2006 and was one of the pioneers in the Downtown Bryan revitalization effort. The property offers a move-in ready opportunity for a new dining and entertainment concept in the bustling downtown area. Completely renovated in 2006, the 11,666 square-foot property includes a modern steel structure and all new MEP systems. This turnkey bar and restaurant property is available for consideration.

    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 $210.0k $18.00
    − Vacancy −$13.6k −$1.17
    EGI $196.3k $16.83
    − OpEx −$49.1k −$4.21
    NOI $147.3k $12.62
    11,666 SF · lease $18.00/SF/yr · vacancy 6.50% · expense 25.00%

    Alternative Uses

    Best Use
    Specialty Retail
    $2.10M
    $1.84M – $2.45M (±1% cap)
    NOI $147,254 @ 7.0% cap · market cap 8.20%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $2.87M
    $2.51M – $3.35M (±1% cap)
    NOI $201,085 @ 7.0% cap · market cap 11.20%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    West End Elixir ... Bar & Pub City Barber Shop Barber Shop Murphy's Law Irish ... Bar & Pub

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Similar Places Nearby

    • KinderHill Brew Lab — 800 S Bryan Ave, Bryan, TX 77803
    • The 101 — 101 S Texas Ave, Bryan, TX 77803
    • Charlie’s Bar & Lounge — 700 Finfeather Rd, Bryan, TX 77803
    • Elia Cafe Tapas Bar — 202 S Bryan Ave, Bryan, TX 77803
    • ATKM Taphouse — 112 S Main St, Bryan, TX 77803

    Location Insight

    • Map
    • Local Demand
    City
    Bryan
    County
    Brazos
    State
    Texas
    Longitude
    -96.373793
    Latitude
    30.673297

    FAQs

    What type of property is this?
    Bar & Pub - Turnkey bar and restaurant in revitalized Downtown Bryan.
    Where is this bar & pub located?
    The property is located at 107 & 109 N Main St Bryan, TX.
    What is the asking price?
    The asking price for this property is $1,795,000.
    What are key features of this property?
    This property features: Turnkey bar and restaurant property, move‑in ready.; Located in the revitalized and bustling Downtown Bryan.; Historic property, a pioneer in the Downtown Bryan revitalization.
    More about this property
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