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Property profile & analytics
FOR SALE
Commercial real estate

140 W Main St Itasca, TX 76055

2,100 SF 0.05 ac lot Built 1910
Individually Owned 4-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US82-6443004
Property summary
AI-generated overview

Prime restaurant space available for lease in the heart of Itasca, Texas. This 2,100 square foot establishment is situated on a 0.05-acre lot at 140 W Main Street, offering excellent visibility and accessibility due to its downtown location and proximity to high-traffic commuting routes and other local businesses. The property is currently set up as a pizza restaurant and includes several key operational features already in place. These include a fully functional vent hood, ample seating (tables and chairs), a cash register, a three-compartment sink, a dedicated prep area, an ice machine, and multiple refrigerators and freezers. While the current owner will be removing the pizza oven, dough roller, dough mixer, and prep table, the remaining equipment provides a solid foundation for a variety of culinary concepts. The space presents a fantastic opportunity for an established restaurant looking to expand or a new venture seeking a ready-to-use location with existing infrastructure. The asking lease price is $200,000. This is a rare opportunity to acquire a well-equipped restaurant space in a desirable location. Serious inquiries only.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1910
Total area 2,100 SF
Lot 0.05 ac (2,004 SF)
APN 119543
UPID US82-6443004
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Milano's pizza Itasca Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Mohanad Algazawi · 4 yrs held
Mohanad Algazawi
since 2022
1 recorded transaction
2022
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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