102 Main St Lewisville, TX 75057

Property Details for 102 Main St

Year built

1910

Lot size

0.10 lot acres

Property size

4,200 SF

Property type

Retail properties

Description

This exceptional 4,200 square foot retail building, situated on a 0.1-acre lot at 102 W Main Street in Lewisville, TX, presents a remarkable investment opportunity. Currently configured as three units (two downstairs and one large upstairs space with a small stage), this property offers unparalleled flexibility. The building's layout allows for diverse uses, including retail, office (grandfathered), restaurant, convenience store, gaming center, antique shop, comedy club, or event center. A variance has even been granted for a boutique hotel. The upstairs space could be converted into living quarters. Eight private parking spaces are a significant advantage in this high-demand location. The property benefits from its prime location in the heart of Lewisville, with over 1,000 new apartments (80% leased) within walking distance, ensuring a strong customer base. The City of Lewisville offers grant money for exterior facade improvements, adding further value to this already attractive investment. The asking price is $1,250,000 (recently reduced by $49,000). This property represents a rare chance to acquire a versatile, well-located building with significant upside potential in a thriving Texas market.