241 Main St Childress, TX 79201
This exceptional 7,116 square foot mixed-use property, located at 241 N Main St in Childress, Texas, presents a unique investment opportunity. Built in 1910, this historic two-story building sits on a 5,750 square foot corner lot in the revitalizing downtown area, known for its charming brick streets. Currently operating at 100% occupancy as a bar and restaurant, the property boasts original wood floors and tin tile ceilings, adding to its undeniable character. A new smoker was installed in 2022, enhancing the culinary capabilities. All furniture, fixtures, and equipment are negotiable, excluding a few personal items. The property is zoned for commercial use and offers significant potential for various hospitality and retail ventures. The asking price is $225,000, translating to $31.62 per square foot. This is a turnkey operation situated in a thriving Texas Main Street City. The property is for sale only
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.