Downtown Bryan Bar and
For Sale
Contact for pricing
107 & 109 N Main St, Bryan, TX 77803
Turnkey bar and restaurant in revitalized Downtown Bryan.
Property Size11,666 SF
Price / SF$153.87
Days on Market710
Property Features for 107 & 109 N Main St
General Information
Standard status
Active
Size
11,666 SF
Property subtype
Retail
Zoning
DT-S
Building Details
Year Renovated
2006
Buildings
2
Stories
2
Listing Agency:
Oldham Goodwin Group Bryan / College Station
Listed By:
Clinton Oldham · License #TX555666
(972) 387-0300
Source:
Crexi
Added: Nov 20, 2024
Changed: Oct 25
Last Checked: Oct 30 at 2:10PM
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
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Investment Insights
Based on property information with market context.
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.
Key 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.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$147,254
Cap Rate
8.20%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,945,080
$2.9M
Cap Rate 7%
$2,103,629
$2.1M
Cap Rate 9%
$1,636,156
$1.6M
Market Conditions
NOI Build-Up for 11,666 SF
Gross rent
$210.0K $18.00/SF
− Vacancy
−$13.6K −$1.17/SF
EGI
$196.3K $16.83/SF
− OpEx
−$49.1K −$4.21/SF
NOI
$147.3K $12.62/SF
Area
Brazos County, TX
Vacancy
6.50%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,945,080
Cap Rate 7%
$2,103,629
Cap Rate 9%
$1,636,156
Alternative Uses
Best Use
Specialty Retail
$2.10M
$1.84M – $2.45M
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
NOI $201,085 @ 7.0% cap · market cap 11.20%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,054
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 77803, TX
30,533
Population
10,586
Households
2.9
Avg Household Size
32
Median Age
11%
College-Educated
72%
High-School Grad
13.6 sq mi
ZIP Area
2,245
Density / Sq Mi
$50,953
Median Household Income
$28,651
Median Earnings
$1,106
Median Rent
$141,000
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
Similar Off Market Nearby
- Charlie’s Bar & Lounge — 700 Finfeather Rd, Bryan, TX 77803
- KinderHill Brew Lab — 800 S Bryan Ave, Bryan, TX 77803
- Elia Cafe Tapas Bar — 202 S Bryan Ave, Bryan, TX 77803
- ATKM Taphouse — 112 S Main St, Bryan, TX 77803
- The 101 — 101 S Texas Ave, Bryan, TX 77803
Frequently Asked Questions
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.
