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    106 College Main College Station, TX 77840

    For Sale
    $3,700,000

    Thriving Northgate District eatery, 2920 sq ft.

    Property size:
    2,920 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    This exceptional two-story commercial building, located in College Station's vibrant Northgate District, presents a unique investment opportunity. Situated just steps from Texas A&M University's campus and its 70,000 students, this 2,920 square foot property boasts a prime location surrounded by popular bars and restaurants. Currently operating at 100% occupancy as a successful bar and restaurant, the property underwent an extensive renovation in 2021. Built in 1950, the building sits on a 1,751 square foot lot and is zoned for general commercial use. The property features two stories and is offered for sale by owner. This is a turnkey operation ready for a new owner to step in and continue the success. The asking price is $3,700,000. The property's strong location, recent renovations, and current high occupancy make it an attractive investment in a high-demand area. This is a rare opportunity to acquire a well-established business in a thriving college town. The property is a Class B building with single tenancy.

    Property Features for 106 College Main

    General Information

    Property type
    Restaurants
    Square Feet
    2,920 SF
    Class
    B

    Building Details

    Year Built/Renovated
    1950/2021
    Stories
    2
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Bars

    Suggested Use

    Realty agency Restaurant Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    College Station
    County
    Brazos
    State
    Texas
    Longitude
    -96.345854855868
    Latitude
    30.618671776716

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    FAQs

    What type of property is this?
    Restaurant - Thriving Northgate District eatery, 2920 sq ft.
    Where is this restaurant located?
    The property is located at 106 College Main College Station, TX.
    What is the asking price?
    The asking price for this property is $3,700,000.
    Request Owner's contact information
    106 College Main College Station, TX 77840
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    106 College Main College Station, TX 77840
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