113 N Main ST, Muenster, TX 76252
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113 N Main ST, Muenster, TX 76252
113 N Main ST, Muenster, TX 76252
113 N Main ST, Muenster, TX 76252
113 N Main ST, Muenster, TX 76252
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OnDemand Realty Commercial

OnDemand Realty Commercial

+1(214) 766-5833
$ 950,000
Est. payment /mo
Active

113 N Main ST Muenster, TX 76252

4,925 SqFt


UPDATED:

Key Details

Property Type Commercial

Sub Type Business

Listing Status Active

Purchase Type For Sale

Square Footage 4,925 sqft

Price per Sqft $192

Subdivision Muenster

MLS Listing ID 21357431

Construction Status Resale

HOA Y/N No

Year Built 1920

Annual Tax Amount $6,065

Lot Size 304 Sqft

Acres 0.007

Property Sub-Type Business

Property Description

Rare opportunity to own a stable and profitable mixed-use property in the North Texas Hill & Wine County that could also serve as your private residence!

Fully stabilized mixed-use property with long-term commercial lease in place (May 2028)
Fully automated operational systems for short-term rental will transfer to new owner
Dependable cashflow in an affluent submarket
Premier location next to current & future development lends itself to significant near-term value appreciation
•Brewery-Bar
•Hospitality - Restaurant
•Historic Character

Phase I focused on converting second floor into a short-term rental (STR) loft
Installing master suite (tying into existing plumbing lines from current bathrooms)
Full 2nd bath
Kitchen
Laundry hookups for washer & dryer
Murphy bed & foldable futon-sofa

Phase II focused on cosmetic updates to biergarten and restaurant area.
Installing new décor and furnishings to modernize the feel of the space
Addressing any insulation issues due to previous work on biergarten enclosure
Updating plumbing and electric
Installing new mini-split

Rehab to restaurant included: Updating plumbing and electric, as needed (especially kitchen)
Adding security doors and electronic locks to separate venue, restaurant, and STR spaces

Entire gut of upstairs Loft & replacing with modern amenities and full furnishing. Original rafters, hardwood floors, and windows remain (2022)
Renovation of Commercial Space & Biergarten (2022-2024)
New sprinkler system throughout building, monitored (2023)
New fire escape on outside of building (2023)
New security doors for commercial space (2023)
New cooling unit on kitchen walk-in cooler (2023)
New motor and belts in vent-a-hood system (2024)
New 3-ton mini-split in Biergarten (2024)
Electrical upgrade to fire suppression system in kitchen (2025)
New 5-ton Trane 3 phase split system, additional 2-ton mini-split (2025)

Location

State TX

County Cooke

Community Curbs, Sidewalks

Zoning COM -

Direction From US 82 in Muenster head north on FM 373 (Main Street) Building is on the left (West) side of Main street

Interior

Heating Central, Electric

Cooling Electric

Flooring Combination, Concrete, Ceramic Tile, Wood

Inclusions Building Only, Other

Fireplace No

Exterior

Parking Features Common, Concrete

Community Features Curbs, Sidewalks

Utilities Available Cable Available, Phone Available, Sewer Available, Water Available

Water Access Desc Public

Roof Type Metal,Mixed

Accessibility Accessible Approach with Ramp

Road Frontage City Street

Private Pool No

Building

Lot Description Interior Lot, No Backyard Grass, Other

Story 2

Foundation Slab

Sewer Public Sewer

Water Public

Construction Status Resale

Others

Tax ID 25696

Security Features Fire Sprinkler System

Acceptable Financing Cash, Conventional, FHA

Listing Terms Cash, Conventional, FHA

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21357431


OnDemand Realty Commercial

OnDemand Realty Commercial

License ID: 0674395

+1(214) 766-5833

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113 N Main ST